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Asian equity markets rally Tuesday

FXstreet.com (Barcelona) - Japanese equities have followed up yesterday’s manic performance with a clear break higher Tuesday, despite the fall of JGB 20-year government bonds. In China, a robust Monday was succeeded by yet another strong performance today, which encapsulates a healthy two-day rally.

Beginning with the indices and composites, the Shanghai rose +1.23% as it settles in region of 2321.32, up +28.24 points in these moments. In addition, the Nikkei 225 is again trading in positive territory, operating at 14311.98, following a recovery of +169.33 points or +1.20% at the time of writing. Finally, the Hang Seng Index has edged higher today, trading in the zone of 22928.32, presently +1.07% after a movement of +242.27 points.

Moving to commodities the prices of gold and silver are trading at USD $1388.80 and $22.46 per oz. respectively. Moreover, the price of crude dove to USD $94.53/bbl Tuesday.

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