Asian equities generally rally

Asian equities generally rally

On Tuesday, Asian equities headed north, with Chinese shares adding nearly 0.5% right after Donald Trump told that he’ll probably ramp up levies on $200 billion of China’s products.

US leader told that he actually expects to proceed with lifting duties on $200 billion in China’s imports to 25% from the current reading of 10%.

American President told he’s ready to accept the Asian country’s China's request to postpone that lift scheduled on January 1. The remarks ran counter to recent rumors about a probable agreement when US leader meets Chinese President Xi Jinping at the highly-anticipated G20 summit in Argentina this week.

Apple went down by 2% in after-hours trading because Trump told that the new levies could affect laptops and iPhones imported from China. Trump added that the rate could be either 25% or 10%.

By the way, Apple’s products are exempt from the duties now. As for the equities of the company’s Asia-listed suppliers, they demonstrated mixed performance. Hon Hai Precision slumped by 0.7%. On the contrary, Pegatron managed to rally by up to 0.4%.

In addition to this, in China, the Shanghai Composite as well as the Shenzhen Component managed to tack on by respectively 0.4% and 0.5%.

Besides this, the Hang Seng Index was nearly intact in Hong Kong coming up with a reading of 26,361.00.

Apart from that, Japan’s Nikkei 225 headed north by up to 0.7%. Moreover, chat app operator Line Corp headed south by up to 9% following reports that it’s already teaming up with Hong Kong-listed Tencent Holdings Ltd for the purpose of providing mobile payment services to small Japanese retailers.

In addition to this, the KOSPI index ascended by nearly 0.6% in South Korea.

Meanwhile, in Australia, the ASX 200 index managed to surge by 1%.




Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

What Currency Will Overperform?
What Currency Will Overperform?

S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera