Thursday, 13 March 2014

Global Market Update by MarketMagnify

Asian shares rebounded on bargain-hunting early Thursday, overcoming mixed signals from Wall Street overnight. Investors were also awaiting a raft of economic data from China.
On Wednesday, stocks in the region saw steep declines as copper slid to a near four-year low after recent economic reports from China indicated slowing growth.
The nation’s first bond default in at least 17 years last week also had investors questioning the possibility of the industrial metal being used as collateral.
US stocks were little changed on Wednesday as investors mulled over the global economic climate and tracked events in Ukraine.


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