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Asian markets rise after Wall Street earnings

FXstreet.com (Barcelona) - Earnings season in the US, with Apple announcing its report after the NY close, is also affecting Asia and its equity indexes. Mainland China’s Shanghai Composite (+1.13%), Hong Kong’s Hang Seng (+1.49%), Japan’s Nikkei Stock Average (+2.06%) and South Korea’s Kospi (+0.82%) closed higher on Wednesday, and are now passing the torch to Europe. Futures for the German DAX 30 (+0.04%) and the French CAC 40 (+0.19%) are signaling a higher opening. Ahead on the economic calendar is German IFO survey for April, coupled with Spain PPI and Italy Retail Sales.

Switzerland: UBS Consumption Indicator rises slightly in March

The Swiss UBS Consumption Indicator grew to 1.25 in March, following 1.24 in February, according to data released today by the UBS.
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Forex: GBP/USD flat ahead of UK data

The sterling is trading almost unchanged on Wednesday, hovering over the area of 1.5235/40 ahead of UK data: BBA Mortgage Approvals (31.2K exp.) and the CBI Distributive Survey (7 exp.)...
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