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Asian markets up despite worries over Dijsselbloem and yesterday’s US data

FXstreet.com (Barcelona) - Most Asian equity indexes moved higher on Wednesday. Japan’s Nikkei Stock Average (+0.18%), Hong Kong’s Hang Seng (+0.64%), South Korea’s Kospi (+0.64%) and Mainland China’s Shanghai Composite (+0.12%) despite worries over Dijsselbloem’s ‘Cyprus is a template’ comment and yesterday’s weaker-than-expected US consumer confidence and core durable orders.

Futures for the German DAX 30 (+0.36%) and the French CAC 40 (+0.53%) are signaling a higher opening ahead of EMU confidence reports, Italy retail sales and industrial orders. German import prices rose 0.3% in February, more than the 0.2% expected. April GfK consumer confidence remained unchanged at 5.9 in Germany.

Switzerland: Feb UBS Consumption Indicator increased to 1.26 vs 1.15 in Jan

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Germany: Gfk Consumer Confidence Survey steady at 5.9 in April

The German Gfk Consumer Confidence Survey remained unchanged at 5.9 points in April, according to data released today by GFK. This result is in line with expectations.
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