The state of the Asian market - Ester Holdings

The state of the Asian market

Trading on the Asia-Pacific sites are very restrained, regardless of the data on the region. The main movement in the Asian session was aimed at correcting single currency, which is caused by the expectation of ECB meeting results.

Stock platforms of the Asia-Pacific region demonstrate multidirectional dynamics after the negative closure of Wall Street and corporate reporting. Also, the decline in stock indices coincided with correction in the US currency, which was strengthened by optimism concerning tax reform in the USA.

Despite the negative closure of US stock indices, Asian sites continue to show some remnants of optimism that can lead to a raise of optimism in the market. Also the day is full of data on the euro area and the US, which will have a significant impact on the auction.

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Hanzenko Anton

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