Regulators in China today unveiled a pilot scheme that will allow cross-border stock investments between Shanghai and Hong Kong.
Today saw further evidence of Japan’s improving economic trend and its progress in combating deflation with some encouraging inflation readings and employment data.
The European equity market demonstrated its resilience in February, notching up gains despite the distractions of a change of prime minister in Italy, turmoil in Ukraine, and a largely underwhelming earnings season. There is ample scope for further share price gains to come as the eurozone recovery gains traction and corporate earnings are poised to show improvement.
Many of the announcements in the Budget had been widely anticipated but the news on annuities and betting duty took the market by surprise.
The eurozone registered a stronger pace of GDP growth in the fourth quarter of 2013, indicating that the nascent recovery is gaining traction.