All red across the Asia-Pacific

FXstreet.com (Barcelona) - Local share markets are all trading in the deep red with no exception at the moment. Following a soft NY close for US equities, and a skyrocketing Oil price last above the $101.5 mark, at fresh 13-month highs, risk is definitely off in the region.

Nikkei index is down -0.28% above the 14100 points mark off recent session lows, while the Shanghai Composite index is down -0.88% also paring part of the initial loses at the moment. Australian ASX is down -1.52%, Korean Kospi -0.72%, and Hong-Kong's Hang-Seng -1.18%.