Asia-Pacific stocks mainly dip
On Friday, equities of the Asia-Pacific region closed mostly with a dive, when the trading conflict burst out again.
Market participants are waiting for the report on employment outside of American agriculture, expected to be uncovered a bit later today.
The Shanghai Composite Index in China headed south because the global provider of MSCI Inc. indexes. added up to 230 shares of China, included in the May stock exchange, in its major index of emerging markets as well as other indices.
The index of activity of purchasing managers Caixin that appears to be a key indicator of the state of China's manufacturing sector, accounted for 51.1 in May, the same outcome as in April, although the figure was a bit below market experts’ estimate of 51.3.
Japanese equities concluded a bit lower, as worries as for the global trade clash resumed, and Donald Trump understated the likelihood of reaching a quick solution with North Korea at the approaching summit.
While Fast Retailing equities went down by 1.7%, Mazda Motor managed to ramp up its capitalization by up to 1.2%. As for Toyota Motor, it shares rallied by 2.9%.
The market value of Olympus Corp surged by approximately 4% right after the activist investor ValueAct Capital turned out to be the key shareholder in the manufacturer of cameras as well as medical equipment.
According to the latest survey, conducted by Nikkei, the volume of industrial output in Japan kept soaring in May, although more slowly. In May, the index of business activity of the manufacturing sector from Nikkei accounted for 52.8 that is lower than the previous reading of 53.8.
Australian stocks went down a bit, while financial institutions suffered a lot.
ANZ equities went down 1.5%, after news that the bank experiences criminal charges about the alleged conduct closely connected with the placement of equities in the amount of about $2.5 billion in 2015.
Similar
The US-China trade war escalates
More tariffs were introduced
Stocks of technological companies fell, pay attention to earnings
Yesterday, the US Justice Department announced a broad antitrust review ...
Futures head south after China data points to decelerating retail sales
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
Latest news
Bitcoin dives 14%, slumping below $5,000
On Tuesday, crypto assets dived, with Bitcoin decreasing below the psychologically crucial $5,000 mark for the first time this year…
British inflation tacks on for the first time this year
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
Market updates on June 18
Welcome to Tuesday, people! Here’s your markets update ahead of the European trading session.
Deposit with your local payment systems
