SYDNEY (Reuters) – Asian stock markets were down mostly on Wednesday as investors were in a risk-taking mood while a troubled one Pound was waiting for his fate before a parliamentary vote on Brexit took place.
The broadest MSCI index for Asia Pacific equities outside Japan () lost 0.4% in slow trade, and Almost every major index in the region lost losses.
The Japanese Nikkei () led with a minus of 1
The blue chips from Shanghai () dropped by 0.4 percent after two days of profit. The E-Mini-Futures for the S & P 500 () fell by 0.25 percent.
The appetite for risk was weakened after the British legislature crushed the divorce of Prime Minister Theresa May in the European Union and within a few days Parliament had to decide whether to support a no-deal Brexit would be delayed at the last minute.
MEPs voted against May's revised Brexit deal by 391 to 242 as their talks with EU leaders soothed the EU leaders at the last minute to quash their critics' concerns about leaving the EU without agreement and, failing that, another vote will be taken on Thursday to extend the Brexit deadline.
"Today's vote certainly seems to go against the government," said David de Garis, director of economies and the National Australia Bank market.
"Assuming that the vote on Thursday will be approved by a majority, it's called an extension, which we expect will give the Sterling some comfort," he added. "It's still a fast-moving environment with political pressure at an understandably extreme level."
The pound could get along with some comfort after some wild sessions. It was the last time at 1.33085
US. INFLATION SLOW
On Wall Street Boeing Co (N 🙂 lost a further 6.1 percent for its biggest two-day decline since June 2009, as more countries hit the company's 737 MAX 8 aircraft after the crash from Sunday in soil brought Ethiopia, the second deadly crash in months.
Boeing's decline pushed the Dow () down 0.38 percent, even as the S & P 500 () gained 0.30 percent and the Nasdaq () 0.44 percent. ()
A weak US inflation report for bonds polished in February as it clouded the dollar. Annual consumer price inflation slowed to 1.5 percent, its lowest level since September 2016.
The data merely bolstered expectations that the Federal Reserve will remain patient in interest rates, and could attend its policy meeting in the next Listen to the week a little more subdued.
US Treasuries 10-year notes () fell to a 10-week low of 2.596 percent, while the dollar rallied to 96,956 () against the basket of currencies.
The Dollar slipped to 111.18
In the commodity markets, the collapse of the dollar caused gold to reach its peak in two weeks, reaching $ 1,304.11 per ounce
The price of oil rose as a result of the tightening According to a Saudi official, the global offer said that the kingdom was planning to reduce oil exports in April, while the US government reduced its forecast for the growth of domestic crude oil production. 19459023
US. Crude oil () recently rose 20 cents to $ 57.07 a barrel, while Brent crude (-) added 11 cents to $ 66.78.