Asian Markets will open lower on Wensday, although the last hour of trading in the US session indexes erased some of their losses. More of the time during the session indices were trading with a decrease. Decline started without news.
Dollar and yen were the strongest currencies and certainly this will continue during the Asian session. A slight decline in the oil price around $ 47.45 a barrel after hitting the front peak in November 2015.
Investors are cautious awaiting the meeting of Opec on Thursday and also Non-farm employment change of US data on Friday. Today we expect manufacturing data from China and the Gross Domestic Product of Australia. Trading AUD and JPY tonight might be profitable.
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