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Asia, European Markets On the Rise Wednesday 


FILE - A broker watches her screens under the curve of the German stock index DAX in Frankfurt, Germany.

Global markets are on the rise Wednesday as investors wait to hear what steps the U.S. Federal Reserve will take to ensure a post-pandemic recovery.

In Asia, Tokyo’s Nikkei index finished the trading session up 0.1%. In late afternoon trading on, Hong Kong’s Hang Seng was essentially unchanged, while Shanghai’s composite index was down 0.4%. In Sydney, the S&P/ASX was trading flat, the Sensex in Mumbai and Taiwan’s TSEC were both 0.7% higher, and the KOSPI in Seoul was 0.3% higher.

European markets are off to a good start, with London’s FTSE index up 0.6%, the CAC-40 in Paris trading 0.8%, and the DAX index in Frankfurt up 0.9%.

In oil trading, U.S crude is selling at $38.10 per barrel, down 2.1%, while Brent crude is going for $40.48 per barrel, down 1.7%.

The Dow Jones, S&P 500 and the Nasdaq are all trending upward in futures trading.

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