{"id":5205,"date":"2014-03-25T22:38:55","date_gmt":"2014-03-26T05:38:55","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=5205"},"modified":"2014-03-25T22:38:55","modified_gmt":"2014-03-26T05:38:55","slug":"asian-stocks-muted-amid-dearth-of-market-moving-news-but-european-shares-and-us-futures-rise","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/03\/25\/asian-stocks-muted-amid-dearth-of-market-moving-news-but-european-shares-and-us-futures-rise\/","title":{"rendered":"Asian stocks muted amid dearth of market moving news but European shares and US futures rise"},"content":{"rendered":"

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MANILA, Philippines – Asian stock markets were muted Tuesday with little news to excite investors, but European shares and U.S. futures were mostly higher.<\/p>\n

In early European trading, Britain’s FTSE 100 was up 0.8 per cent at 6,571.0 and Germany’s DAX rose 0.8 per cent at 9,258.50. France’s CAC-40 climbed 0.9 per cent at 4,314.48.<\/p>\n

Futures augured slightly higher opening on Wall Street, with S&P 500 futures up 0.1 per cent at 1,851.90. Dow Jones industrial futures edged up 0.1 per cent to 16,224.<\/p>\n

Japan’s Nikkei 225 closed 0.4 per cent lower at 14,423.19. Hong Kong’s Hang Seng fell 0.5 per cent to 21,732.32 while China’s Shanghai Composite rose 0.5 per cent at 2,067.31.<\/p>\n

Benchmarks fell in Australia, South Korea, and most of Southeast Asia and were up in Taiwan, New Zealand and Malaysia.<\/p>\n

“The general mood is somewhat expectant of stimulus measures coming out of China,” said Dariusz Kowalczyk of Credit Agricole in Hong Kong. “But there’s no data in the region of a sort of first tier nature and therefore we are not seeing major market moves.”<\/p>\n

Expectations China might announce stimulus spending were boosted Monday by a survey of factory purchasing managers that showed Chinese manufacturing contracted in March.<\/p>\n

Benchmark oil for May delivery was up 24 cents to $99.84 per barrel in electronic trading on the New York Mercantile Exchange. The contract rose 14 cents to close at $99.60 on Monday.<\/p>\n

In currencies, the euro fell to $1.3835 from $1.3836 late Monday in New York. The dollar fell to 102.16 yen from 102.25 yen.<\/p>\n","protected":false},"excerpt":{"rendered":"

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