Marginal Gains Recorded by Asian Shares, Euro Slides Upwards
On Tuesday, share markets across Asia managed to post marginal gains, with the Australian stocks gaining mainly because of upbeat earnings posted by the country's most prominent lender, Westpac. The Euro, on the other hand, managed to hold its ground with Greece being given 30 days to reveal that its deficit plans were successfully on track.
Across Europe, experts expected substantial gains to be recorded by Britain's FTSE 100, Germany's benchmark DAX and France's CAC, which could start the trading session 0.3-0.5% higher, ahead of results from Barclays, and S&P futures, on the other hand, declined 0.1%.
"Looking at the type of shares people are buying, it seems like the risks are tilted toward the downside rather than the upside", said Kiyoshi Noda, Chief Fund Manager at MU Investments.
In Japan, the Nikkei index managed to gain 0.2%, to trade at above 10,000 points mark for the third consecutive session.