Mixed trade in Asia and highly positive moods before Europe start

12.10.2018 / 07:33

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Asian markets are trading in mixed moods stemming from Wall Street sales and much better data on China's trade balance. Namely, good data from China may prove to be key to the end of global sell-offs and lead to growth in Europe. Currently European index futures indicate a strong start with more than a percentage increase.

The main movements of the stock market in the Asian region:

As far as the FX market is concerned, the JPY posted a decline, mainly due to China's trade balance data. TRY will be in focus today, as investors expect more information about the deportation of Pastor Branson back to the United States. Late last night, it became clear that the US and Turkey had reached an agreement regarding the return of Pastor Branson back to the United States.

Here are the main FX moves currently:

Trader Petar Milanov

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Mixed trade in Asia and highly positive moods before Europe start

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