Asian markets rise on China's relaxing financial restrictions to foreign investment

By FXstreet.com | January 14, 2013 AAA

FXstreet.com (Barcelona) - China's financial regulatory authority head said that the country may soon relax restrictions on foreign equities investment. That comment alone triggered a rally of China's Shanghai Composite (+2.9%) and was followed by other countries' equity indexes. South Korea's Kospi (+0.52%), India's Bombay Sensitive (+0.75%), Hong Kong's Hang Seng (+0.52%). Japan is closed for Coming-of-Age Day, having registered its ninth rising week in a row (longest run since 1988), getting ahead of Prime Minister Abe's stimulus actions.



Futures for the German DAX 30 (+0.44%) and the French CAC 40 (+0.51%) are signaling a higher opening ahead of Germany wholesale prices and EMU industrial production. WTI crude oil trades at $94.28 (+0.74%) and Gold is up to $1669 (+0.40%).



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