Asian stocks lower on lacklustre Chinese data

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Source: Reuters
Equity markets across Asian declined on Wednesday after the official data from China revealed that consumer inflation cooled more than anticipated in September, adding to concerns over the world's second largest economy. The Shanghai Composite dipped 0.95%, while Hong Kong's benchmark Hang Seng dropped 0.89%. Elsewhere, Japan's Nikkei index plunged 1.89%, the Australian S&P ASX fell 0.11%, while South Korea's Kospi index was down 0.47%. 
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Wed, 14 Oct 2015 11:03:13 GMT

French consumer prices decline in September

According to the official report on Wednesday, consumer prices in France posted a 0.4% monthly drop in September, reversing August's 0.3% increase, while on a yearly basis inflation remained flat. Meanwhile, experts and markets are now waiting for the further ECB moves, including possible expansion of the QE program, aimed to combat the low inflation around the Euro zone.

Wed, 14 Oct 2015 10:41:08 GMT

Euro rises against Greenback amid China concerns

The shared currency benefited from investors' worries over Chinese growth and advanced versus the US Dollar, however the recent slowdown in German economic sentiment limited gains. The EUR/USD added 0.35% to trade at $1.1417 by 07:19 AM GMT. The single European currency proved its safe-haven status, as it extended gains amid another sell-off in Asia after disappointing Chinese CPI data. 

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