Global markets mixed but European and US markets fared better than their Asian counterparts

Stock markets around the world fared pretty mixed yesterday as European and US markets fared better than their Asian counterparts, because the new Italian Government renewed its pledge to toe in line with EU fiscal policy direction, and there were some good economic data to support Dow Jones to break new grounds. But Asian markets fared pretty lackluster amid the power house of Asia, China, still in holiday and Nikkei taking profits after running high for 8 consecutive days. Whereas ASX 200 put up a good show yesterday, marked by strong rebound. So how was ASX 200 faring lately? Charley Wang, CEO of 123 Property Management remained cautious about the near future of ASX 200 as there were too many uncertainties around.

Borsa Italiana, italian stock exchange, in Piazza Affari, Milan, Italy,. iStockphoto Source: iStockphoto