Asian Stock Market: Bulls take a breather as markets await Xi-Biden comments on Ukraine

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Asian Stock Market: Bulls take a breather as markets await Xi-Biden comments on Ukraine By anilpanchal7 Asia Equities RiskAppetite Ukraine China

BOJ couldn’t please Japanese traders despite extending easy-money policy.US President Biden, Chinese leader Xi will hold a telephone call, Turkey pushes for Putin-Zelenskyy meet.wanes during early Friday, after nearly three days of upbeat performance, as anxiety over Ukraine’s peace talks with Russia intensifies. Also challenging the sentiment could be western statements over the Kyiv-Moscow tussle and fresh increase in Chinas’ COVID-19 numbers.

That said, the MSCI’s index of Asia-Pacific shares outside Japan drops near 2.0% whereas Japan’s Nikkei 225 rises around 0.30% intraday during the early morning in Europe. It should be noted that the shares in Australia and New Zealand remain firmer whereas markets in India are off due to Holi. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

 

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