Forex Education Center And Investment- Affected by Wall Street, Asian Stocks Rebound,After three consecutive days depressed, stocks in the Asia Pacific (Asian markets) bounce back. Strengthening Asian markets following the S & P 500 index also rebounded.
Quoted from Bloomberg, Wednesday (10/15/2014), the MSCI Asia Pacific Index rose 0.1 percent at 9:50 am in Tokyo, Japan. Rose from the lowest level since March.
Japan's Topix index gained 0.4 percent. Previously, Topix had dropped for five consecutive days. Seoul's Kospi index, South Korea, also rose 0.1 percent. While the S & P / ASX 200 rose 0.7 percent Australia.
It would be a lot of sentiment that would affect the movement of Asian stock markets today. China will release inflation data which is thought to be the lowest inflation in the last two years. South Korea is also expected to cut interest rates today.
"There are surprises that would be a negative sentiment in the market today," said Portfolio Manager Pengana Capital Ltd., Melbourne, Australia, Tim Schroeders.
He continued, sizeable volatility is bound to happen in the Asian markets are affected by the world economic growth is disappointing and fears of the risk of ongoing geo-political