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9 Oct 2013
Are US politics starting to wear off for Asian equities?
FXstreet.com (Chicago) – Equity indexes in Asia print mixed results despite the one-week-old US government shutdown. On recent developments, President Obama appointed Yellen as the next Chairman of the Federal Reserve ahead of the FOMC minutes and large amounts of official data releases due later in the day.
In Japan, after unsurprising minutes and remarks by Japanese officials, the Nikkei 225 is up 0.45%. In Australia, the S&P/ASX 200 is up 0.12% similarly to the Korean Kospi advancing 0.42%. In India, the S&P CNX Nifty is up 0.38% along with the Sensex stronger 0.44%. Finally, the Shanghai Composite prints 0.33% gains so far. Losing indexes are the Indonesian IDX down 0.14% and the Hang Sen 40 giving 0.62% so far.
In Japan, after unsurprising minutes and remarks by Japanese officials, the Nikkei 225 is up 0.45%. In Australia, the S&P/ASX 200 is up 0.12% similarly to the Korean Kospi advancing 0.42%. In India, the S&P CNX Nifty is up 0.38% along with the Sensex stronger 0.44%. Finally, the Shanghai Composite prints 0.33% gains so far. Losing indexes are the Indonesian IDX down 0.14% and the Hang Sen 40 giving 0.62% so far.