Tuesday, 22 March 2016

ASIAN MARKET NEWS 23 MARCH 2016

Wall Street shares were mixed on Tuesday. The S&P 500 lost 0.09 percent while the Nasdaq Composite added 0.27 percent. But emerging markets fared better, with MSCI's emerging market index rising 0.2 percent to four-month high, having gained more than 20 percent from its seven-year trough high in January.

 "After the Group of 20 meeting and China's parliament meeting, markets got confirmation that policymakers will take necessary steps in monetary, fiscal policy," said Koichi Yoshikawa, executive director of financial markets at Standard Chartered Bank in Tokyo.

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