Market Updates: Asia Mixed, US Futures Up Amid Banking Sector Stress and Fed Decision.

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Source: CNBC
Market Updates: Asia Mixed, US Futures Up Amid Banking Sector Stress and Fed Decision.
Photo: CNBC
TL;DR Summary

Asia-Pacific markets were mixed as investors continue to assess the impact of the banking troubles in the US and Europe. Deutsche Bank saw a selloff of its US-listed shares after its credit default swaps jumped without an apparent catalyst. Hong Kong's inflation rate slowed to 1.7% in February, lower than expectations of 2.3%. Japan's services producer price index rose 1.8% in February year-on-year. St. Louis Federal Reserve President James Bullard said central bank policy should help contain cracks in the financial system. Gold is up 1.4% so far this week.

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