Soft equities in the Asia-Pacific

FXstreet.com (Barcelona) - Local share markets in the Asia-Pacific are trading in the negative overall following the slight decline in US SP500 index, with the exception of the Australian ASX index that gains a +0.27%, and the Korean Kospi that is currently breaking at even.

The Nikkei index is losing some -0.52% shy of the 14700 points mark in the negative all session long, while Hong-Kong's Hang-Seng is down -0.23% and Shanghai Composite index is leading the way lower down -1.27% following bad domestic PMI data.

Flash: AUD/USD, 0.8870/0.8770 next important target - JPMorgan

AUD/USD weekly chart suggests the bearish setup remains intact, with recent corrective price action pointing at 0.8870/0.8770 as the next important target area, according to JP Morgan FX Strategists.
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EUR/GBP shuffling sideways after Tuesday’s bounce ahead of Euro-data

The EUR/GBP is consolidating Tuesday’s gains at 0.8598 and biding time until a flurry of Euro Zone data is released Wednesday.
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