• European stocks opened lower Thursday morning, as heightened expectations of faster interest rate hikes in the U.S. hampered risk appetite globally.
The pan-European Stoxx 600 was down around 0.65 percent shortly after the opening bell, with all sectors and major bourses in negative territory.
• Most Asian share markets followed S&P 500 futures lower on Thursday as speculation of faster hikes in U.S interest rates soured risk appetite globally.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.8 percent, with most of the region in the red.
• Japan’s Nikkei share average fell on Thursday on across-the-board selling after U.S. shares dropped overnight on speculation about faster interest rate hikes, while Ricoh stumbled after a media report said it was considering an impairment charge.
The Nikkei declined 1.1 percent to 21,736.44.
• China’s major stock indexes scored their best single-day gains in more than 18 months, as investors played catch-up buying after the week-long Lunar New Year holiday. The rally was led by consumer and transport firms seen benefiting from the long break when locals splashed out more on trips and consumer goods.
At the close, the Shanghai Composite index was up 69.57 points or 2.17 percent at 3,268.73, its best single-day gain since August 2016.
Reference: Reuters, CNBC