Zuckerberg has lost 7 billion dollars as companies pull adds from Facebook. Catch the moment!
Asia stocks edge down on Fed minutes
On Thursday, most Asian stock markets went down following minutes from the Fed’s last meeting, which revealed a lack of consensus on the future pace of American interest rate hikes, while crude prices tacked on following yesterday’s steep dip.
Outside Japan MSCI's broadest index of Asia-Pacific shares headed south 0.2%. Japan's Nikkei went down 0.3% as a stronger yen affected the outlook for export earnings.
South Korea's KOSPI decreased 0.2%, while Australian stocks slumped 0.3%.
Meanwhile, China's blue chip CSI 300 index showed a 0.2% sink, while Hong Kong's Hang Seng lost 0.1%.
This week trading in Asia has been impacted by tensions on the Korean peninsula. North Korea dared to fire a missile. As US officials state, it happened to be an intercontinental ballistic missile. It fell into Japanese waters.
On Wednesday, the United States told it was ready to employ force if required to stop North Korea's nuclear missile program, though added it preferred global diplomatic action versus Pyongyang.
Riskier currencies and stocks are in favor of investors. Surprisingly, gold rallies too. Let’s have a closer look.
Congratulations! Gold has just opened a new era... or, rather, reopened...
Canada will publish the employment change and the unemployment rate on July 10, at 15:30 MT time.