Commodities
APR stock exchanges fluctuate on multidirectional factors
Asia-Pacific (APAC) stock indexes showed no unified dynamics on Thursday as investors continue to assess economic prospects, as well as the outcome of the Bank of Japan meeting and macro statistics, trading data show.
The Shanghai Composite Index was down 0.42% to 3,290.8 points, the Shenzhen Composite was down 0.06% to 2,209.17 points and Hong Kong Hang Seng Index was down 1.35% to 2,608.29 points. South Korea’s KOSPI was up 0.71% to 2403.72 points. The Australian S&P/ASX 200 was up 0.08% to 6764.5 points; the Japanese Nikkei 225 was up 0.22% to 27740.5 points.
Traders in the region estimate multidirectional factors of the market, which does not give a unified direction to the trades. Thus, among investors there are fears for the prospects of the economy on the background of the situation with the coronavirus in China.
At the same time, bidders estimate the decision of the Bank of Japan to keep the discount rate at the negative level – minus 0.1%. The regulator also lowered the forecast of the country’s GDP growth in the current fiscal year to 2.4%. In April; the growth of 2.9% was expected; at the same time the inflation forecast was raised to 2.3% from 1.9%.
Traders also paid attention to the statistics on Japan. Thus, imports in the country in June rose by 46.1% year-on-year against the forecast of 45.7%; exports rose by 19.4%, while growth by 17.5% was expected.
Wall Street also provided support to the indices. On Wednesday the US stock indices rose within 1.5%.
Commodities
US oilfield firms face pricing squeeze as fracking demand slumps
Commodities
European natural gas prices rise amid high demand and falling inventories
Commodities
Oil prices hover near two-week low, Libya supply disruption offers support
- Forex3 years ago
Forex Today: the dollar is gaining strength amid gloomy sentiment at the start of the Fed’s week
- Forex2 years ago
Unbiased review of Pocket Option broker
- Forex3 years ago
How is the Australian dollar doing today?
- Forex2 years ago
Dollar to pound sterling exchange rate today: Pound plummeted to its lowest since 1985
- Cryptocurrency3 years ago
What happened in the crypto market – current events today
- World2 years ago
Why are modern video games an art form?
- Commodities2 years ago
Copper continues to fall in price on expectations of lower demand in China
- Forex2 years ago
The dollar is down again against major world currencies