· European stocks open lower on Wednesday morning as investors look out for new earnings reports and economic data.
The pan-European Stoxx 600 was 0.13 percent lower with most sectors moving in negative territory.
· Asian shares edged higher on Wednesday, while U.S. Treasury yields and the dollar got a lift following a report that Republican senators were leaning toward John Taylor to be the next Federal Reserve chief.
MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS shrugged off early sluggishness and was up 0.1 percent.
· Japan’s Nikkei share average dropped for the first time in 17 days in choppy trade on Wednesday as investors took profits on the record run of consecutive daily gains, although higher U.S. yields supported financial stocks.
The Nikkei ended 0.5 percent lower at 21,707.62. It opened 0.4 percent higher and traded in positive territory in the morning, but languished in the afternoon as investors grew cautious about the rally.
· China blue-chips extended gains on Wednesday to 26-month highs, underpinned by robust profits from tech firms and as the ruling Communist Party revealed its new leadership line-up.
The blue-chip CSI300 index rose 0.5 percent, to 3,976.95 points, while the Shanghai Composite Index gained 0.3 percent to 3,396.90 points.
Reference: Reuters, CNBC
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