Asian Equities Follow Wall St Lower

Asian shares caught Wall Street’s gloom on Wednesday, while the dollar was on track for a sixth losing session against the yen after the Bank of Japan upgraded its view on capital expenditure.

The shadow was likely to fall over the European open, with financial spreadbetters expecting Britain’s FTSE 100 .FTSE to open down 0.2 percent, Germany’s DAX .GDAXI off 0.3 percent, and France’s CAC 40 .FCHI down as much as 0.4 percent.

“Following a session of minimal economic data and dismal retail earnings from both sides of the pond, European markets look set to open lower,” Jasper Lawler, market analyst at CMC Markets, wrote in a note to clients.

Reuters

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