Asian shares advanced amid range bound trade on Wednesday, with Japan’s Nikkei 225 index clinching an 18-year peak. Optimism around Greece’s debt talks continues to buoy sentiment ahead of a meeting of EU finance ministers later in the day.

Overnight, U.S. equities handed over a mildly positive lead, with the Nasdaq Composite eking out another record close, as investors awaited clarity on Greece and eyed continued signs of moderate economic growth. The blue-chip Dow edged up 0.13 percent, while the S&P 500 ended flat.

In Europe, the pan-European Stoxx 600 index closed around 1.2 percent higher, with all sectors ending the day in positive territory.

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities.

Opinions are the authors — not necessarily OANDA’s, its officers or directors. OANDA’s Terms of Use and Privacy Policy apply. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Recommended Content


Recommended Content

Editors’ Picks

EUR/USD holds above 1.0700 ahead of key US data

EUR/USD holds above 1.0700 ahead of key US data

EUR/USD trades in a tight range above 1.0700 in the early European session on Friday. The US Dollar struggles to gather strength ahead of key PCE Price Index data, the Fed's preferred gauge of inflation, and helps the pair hold its ground. 

EUR/USD News

USD/JPY stays above 156.00 after BoJ Governor Ueda's comments

USD/JPY stays above 156.00 after BoJ Governor Ueda's comments

USD/JPY holds above 156.00 after surging above this level with the initial reaction to the Bank of Japan's decision to leave the policy settings unchanged. BoJ Governor said weak Yen was not impacting prices but added that they will watch FX developments closely.

USD/JPY News

Gold price oscillates in a range as the focus remains glued to the US PCE Price Index

Gold price oscillates in a range as the focus remains glued to the US PCE Price Index

Gold price struggles to attract any meaningful buyers amid the emergence of fresh USD buying. Bets that the Fed will keep rates higher for longer amid sticky inflation help revive the USD demand.

Gold News

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei Price Prediction: SEI is in the zone of interest after a 10% leap

Sei price has been in recovery mode for almost ten days now, following a fall of almost 65% beginning in mid-March. While the SEI bulls continue to show strength, the uptrend could prove premature as massive bearish sentiment hovers above the altcoin’s price.

Read more

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

US core PCE inflation set to signal firm price pressures as markets delay Federal Reserve rate cut bets

The core PCE Price Index, which excludes volatile food and energy prices, is seen as the more influential measure of inflation in terms of Fed positioning. The index is forecast to rise 0.3% on a monthly basis in March, matching February’s increase. 

Read more

Majors

Cryptocurrencies

Signatures