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5 Aug 2013
Weaker Asian equities post-NFP
FXstreet.com (Barcelona) - Local share markets in the Asia-Pacific are overall showing loses with the Nikkei index leading the way lower currently down -1.02% still above the 14300 points mark.
Risk aversion in the region has stepped in today following lower than expected Friday's NFP data in the US, and today's Australian retail sales. Hong-Kong's Hang-Seng is the only major index in the positive up +0.22%, while the Korean Kospi is down -0.26%, and the Australian ASX down -0.23%. The Shanghai Composite index is near its starting price, about to break even.
Risk aversion in the region has stepped in today following lower than expected Friday's NFP data in the US, and today's Australian retail sales. Hong-Kong's Hang-Seng is the only major index in the positive up +0.22%, while the Korean Kospi is down -0.26%, and the Australian ASX down -0.23%. The Shanghai Composite index is near its starting price, about to break even.