Asian stocks are having a good day as risk sentiment holds up
Tech stocks were a bit shaky on the day but that is very much overshadowed by gains in financials following a strong report by Citigroup overnight. Asian stocks in general are also getting a lift as China reiterated that they are willing to introduce measures to boost the economy further if need be.
The Hang Seng index is up by 1.7% while the Shanghai Composite is up by 1.1% currently and the mood in equities is helping to keep risk assets underpinned too. Oil is up by 1.4% on the day while in the currencies space that is helping to boost the kiwi and aussie ahead of European trading.
