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European equities cannot match Asian fortitude, USD/JPY hits 100.00

FXstreet.com (Lisbon) - Global equities followed US markets higher overnight, as Asian stocks rallied strongly – a mood not quite shared thus far by their European counterparts Tuesday.

Beginning with the indices and composites, the Shanghai traded at +1.15% as it settled in region of 2237.98, up +25.47 points. In addition, the Nikkei is in positive territory at 14423.96, ascending +218.13 points or +1.54%. Finally, the Hang Seng also moved higher towards 22878.07, or +0.57% after a movement of +128.24 points.

In European markets, today the EURO STOXX fell -0.18% as it moved in region of 2798.31, down -5.11 points in these moments. Moreover, the FTSE 100 is trading in negative territory, operating at 6532.79, contracting -16.59 points or -0.25% at the time of writing. Finally, the DAX has moved higher at the opening, trading in the zone of 8276.24, presently +0.01% after a movement of +0.65 points.

Moving to commodities, the price of gold has settled at $1378.20 per oz., while silver is now negotiating a spot price of $23.32 per oz. Tuesday.

In terms of FX, the EUR/USD is now trading at 1.3256 (+0.01%), the USD/JPY has settled at 100.00 (+0.42%), the GBP/USD at 1.5595 (+0.01%), and the USD/CHF at 0.9336 (+0.01%).

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