Asian Markets Follow The US Lower

Asianmarketssad

Moments ago, China said its September CPI was 6.1%, which was just below economists’ estimate of 6.2%. However, Asian markets are trading lower following weakness in US markets.

Korea’s Kospi is down 0.4%.

Japan’s Nikkei is down 0.7%.

Australia’s S&P/ASX is down 1.0%.

Shanghai Composite is down 0.6%.

Hong Kong’s Hang Seng is down 1.4%.

S&P also downgraded Spain just after 6:00 pm, causing the euro drop.  Check out how the euro has performed:

EURUSDEUR/USD

Photo: FinViz

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