Asian markets down on concerns over Cyprus

FXstreet.com (Barcelona) - Japan’s Nikkei Stock Average (-2.35%), Hong Kong’s Hang Seng (-0.56%) and South Korea’s Kospi (-0.11%) fell on Friday on concerns over Cyprus and its difficulty in getting financial support, also from Russia. Talks are ongoing. Mainland China’s Shanghai Composite was one exception from the overall sentiment and rose +0.15%.

Futures for the German DAX 30 (-0.28%) and the French CAC 40 (-0.44%) are signaling a lower opening ahead of one more Parliament vote in Cyprus, on banking restructuring and wealth fund bill. Also, Germany will have the March IFO survey at 09:00 GMT.