ONLINE FOREX BROKER
On Wednesday, Asian equities kept rebounding following a steep dive on Wall Street overnight.
The Shanghai Composite as well as the Shenzhen Component slumped by respectively 0.1% and 0.3% in China.
US Trade Representative Robert Lighthizer’s office dared to accuse China of not changing its unfair practices as to its intellectual property as well as technology transfer policies.
Later this month American leader is expected to meet his Chinese rival Xi Jinping at the G-20 summit in Buenos Aires.
The Hang Seng Index tumbled by 0.3% in Hong Kong.
A Chinese travel website backed by tech company Tencent Holdings Ltd, Tongcheng-Elong Holdings Ltd managed to raise up to $180 million from an IPO in Hong Kong.
The given company sold up to 143.8 billion shares. The IPO generated far less than the $1 billion, which had been initially touted.
Sluggish markets along with a dive in the share price of Ctrip.Com International Ltd ADR made the company to diminish the IPO’s size.
Japan’s Nikkei 225 dived by 0.5%.
In addition to this, the KOSPI headed south by 0.3% in South Korea. The ASX 200 lost 0.2% in Australia.
The sink in Asian equities occurred after an abrupt dive on Wall Street overnight.
Besides this, the Dow Jones Industrial Average went down by 551.80 points concluding at 24,465.64. Moreover, the S&P 500 tumbled by 1.8%. As for te Nasdaq Composite, it lost 1.7% showing 6,908.82.
Aside from that, the Dow as well as the S&P 500 erased their profits for this year. For the year they have gone down by respectively 1% and 1.2%.
Furthermore, crude was gained attention after Trump came up with a statement, telling that America stands by Saudi Arabia notwithstanding the murder of the reporter and US resident Jamal Khashoggi by Saudi agents in October.
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.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
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.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.
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