Good morning Asian markets trader, Asian markets climbed on the first business day of the Year of the Sheep, floated by a bailout bargain in the middle of Greece and the euro zone a week ago. but trading volumes stay light with China, Taiwan Vietnam still shut for the Chinese New Year occasion.
Meanwhile Wall Street set the positive sentiments by shutting at highs last Friday after Greek and euro zone fund priests consented to expand the nation's monetary protect by four months. The Dow Jones Industrial Average close up 0.9percent, while both the S&P 500 and Nasdaq completed 0.6 percent higher.
On the other hand, there are experts who stay wary, saying the Greek finance crisis may not be "out of the dark areas yet." "[Greece] has until today to submit their rundown of changes to the Europeans so there's still uneasiness in the business sectors about whether the rundown will fulfill the Germans. [Bailout extension] is a positive point of view however there's something else entirely to come," Clive McDonnell, head of Equity Strategy at Standard Chartered, told CNBC Asia's
source : CNBC
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