Markets Are Going Nowhere After HUGE Day In Asia

By on January 18, 2013

Hong Kong Stock Exchange

US futures, Europe are all pretty much going nowhere right now. That’s fine. Those markets have been on a tear.

But it was a huge night in Asia.

Chinese stocks rallied 1.4% on the back of a decent GDP report, which saw Q4 growth hit 7.9%, slightly above expectations.

And the ongoing Yen depreciation show in Japan caused the Nikkei to jump 2.8%, one of its biggest session gains in a long time.

Hong Kong also gained 1.12%.

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