Edward Culchenko
Asian-Pacific indices are multidirectional (mostly bearish) today. Investors are worried about the current economic situation in the eurozone. Greece will probably need more financial support in the near future as its budget deficit turns out to be much more substantial.
The current situation looks as follows:
· MSCI Asia Pacific is around yesterday’s levels (it rallied 0.25 up and then dropped 0.3% down).
· Nikkei 225 is up by 0,2%.
· Hang Seng is down by 0,2%
· S&P/ASX 200 has lost 0,3% of its value.
and Market Leader expect Asian-Pacific markets to remain mostly bearish in the near future, especially as S&P downgraded all the forecasts for Asian-Pacific economies.
The chart below, courtesy of , reflects the current state of affairs in the market of FTSE100:
Edward Culchenko
