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• European equities open lower on Wednesday morning as investors watch out for corporate earnings and fresh data.
The pan-European Stoxx 600 was down by 0.13 percent with most sectors trading in negative territory.
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• Asian shares flinched from testing their 2007 record peak on Wednesday, as investors booked profits in high-tech shares while oil prices hit three-year highs due to production cuts and a fall in inventories.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS slipped 0.5 percent after six straight days of gains until Tuesday, that had taken it within a stone’s throw from the record high touched in November 2007.
• Japan’s Nikkei share average took a breather on Wednesday after sharp gains, with some index-heavy stocks losing ground after the index hit a 26-year high.
The Nikkei .N225 fell 0.3 percent to 23,798.90, staying slightly below its 26-year high of 23,951.61.
• China shares extended their rally on Wednesday to close at the highest in seven weeks, climbing for a nine straight session, led by banking and consumer stocks.
At the close, the Shanghai Composite index was up 8.24 points or 0.24 percent at 3,422.14.
Reference: Reuters, CNBC
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