Asian markets mixed on US housing, France downgrade and BoJ
FXstreet.com (Barcelona) - Japan's Nikkei Stock Average fell by -0.12% on Tuesday as the BoJ didn't announce any fresh stimulus at today's meeting. Moody's downgrade to France's credit rating from Aaa to Aa1 only caused a knee jerk reaction on the market.
Apart from Japan and China on "red", Asian bourses closed mostly higher with improved sentiment coming from the US, with better than expected housing data seen yesterday. Hong Kong's Hang Seng gained +0.30%, Australia's S&P/ASX 200 jumped +0.56% and South Korea's Kospi rose +0.64%, while Mainland China's Shanghai Composite fell by -0.38%.
Futures for the German DAX 30 and the French CAC 40 are signaling a lower opening by -0.30% ahead of the European session and the Eurogroup meeting that will be mainly discussing the Greek debt sustainability and the aid tranche to be given by December 5. It was reported yesterday that the amount might grow by ¬12.5B, from the previously planned ¬31.5B to ¬44B.
Apart from Japan and China on "red", Asian bourses closed mostly higher with improved sentiment coming from the US, with better than expected housing data seen yesterday. Hong Kong's Hang Seng gained +0.30%, Australia's S&P/ASX 200 jumped +0.56% and South Korea's Kospi rose +0.64%, while Mainland China's Shanghai Composite fell by -0.38%.
Futures for the German DAX 30 and the French CAC 40 are signaling a lower opening by -0.30% ahead of the European session and the Eurogroup meeting that will be mainly discussing the Greek debt sustainability and the aid tranche to be given by December 5. It was reported yesterday that the amount might grow by ¬12.5B, from the previously planned ¬31.5B to ¬44B.
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