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Asian markets mixed on Wednesday, Japan closed for holiday
FXstreet.com (Barcelona) - Hong Kong’s Hang Seng (+0.83%) and Mainland China’s Shanghai Composite (+2.61%) have recovered losses made since the weekend trigger, the bailout to Cyprus, but South Korea’s Kospi (-0.97%) and India’s Bombay Sensitive (-0.47%) fell on Wednesday. Japan was closed for Vernal Equinox Day.
Futures for the German DAX 30 (+0.32%) and the French CAC 40 (+0.50%) are signaling a higher opening ahead of EMU current account and consumer confidence report. German PPI contracted -0.1% in February instead of improving +0.2% as expected. The annualized data eased from 1.7% to 1.2%, below the 1.5% consensus.
