Disney's "Mulan" was released yesterday. And there is a lot of publicity about it...
Asian equities are mixed with Japan demonstrating a rebound after NKorea missile
On Wednesday, Asian equities were mixed with Tokyo demonstrating a rebound just a day after a North Korean ballistic missile test over Japan. However, market participants were braced for reacting anew to recent provocations after the United Nations Security Council officially condemned North Korea once again for enhancing its weapons programs.
The Nikkei 225 rallied 0.53% in Japan, while South Korean Kospi soared 0.09%.
In Australia the S&P/ASX 200 declined by 0.15%. Additionally, Telstra, Australia's number one telco, happened to be in the spotlight having dropped nearly 8% because it reported on Wednesday that it would be rejecting an initiative to have future income from National Broadband Network monetized.
The Hang Seng index rallied 0.79% in Hong Kong, while the Shanghai Composite went down 0.03%. Additionally, Hong Kong-listed equities of China Southern Airlines rose 4.74% right after the airline told on Tuesday that its first-half revenue had sunk 11%. Equities of the company on the mainland tacked on 5.81%.
Long time we haven't checked the S&P 500 stocks - there are interesting events and trends to follow.
Nvidia and Alibaba report their Q2 results this week. Grab the levels and prepare to step in!
China's industrial rebound, progress in US fiscal stimulus and other important news in this article.
The market sentiment is mixed as investors weigh US stimulus package against the rising infections and worse-than-expected US unemployment claims. Jump in for fresh analysis of EUR/USD, USD/JPY, S&P 500 and gold!
US Initial jobless claims will be announced on Thursday at 15:30 MT time.