On Wednesday Exchanges of Asia Pacific Region are trading negatively. Weak US statistical data were published the day before, which has considerably disappointed investors. Independent stock index of the region MSCI Asia Pacific has dropped by 0.9 percent – 116.15 points. Japanese index Nikkei has lost 0.73 percent, Hong Kong Hang Seng has reduced by 1.13 percent.
Information about the rise of Japanese cars sales has had positive impact of the rise of securities of the car manufacturers: the shares of Toyota Motor have risen by 0.8 percent, Honda Motor – by 0.4 percent.
The chart below reflects the dynamics of Nikkei225 index: the index is currently traded within fifth wave; when it is over, correction or good pullback may start. Rising lead-in waves are required for such scenario to be implemented. Significant resistance is provided at point 8806.
