Switzerland: Feb UBS Consumption Indicator increased to 1.26 vs 1.15 in Jan

Most Asian equity indexes moved higher on Wednesday. Japan’s Nikkei Stock Average (+0.18%), Hong Kong’s Hang Seng (+0.64%), South Korea’s Kospi (+0.64%) and Mainland China’s Shanghai Composite (+0.12%) despite worries over Dijsselbloem’s ‘Cyprus is a template’ comment and yesterday’s weaker-than-expected US consumer confidence and core durable orders.