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.