There are some doubts about Apple sustainability amid coronavirus. Who will buy and who will produce new IPhones?
Asian equities mostly inch up with Tokyo down despite firm Q2 GDP
On Monday, Asian equities mostly grew, with Tokyo bucking the trend because regional data sets were quite mixed including a sudden gain during the second quarter Japan GDP. However, China posted weaker than expected industrial output as well as and retail sales.
In Japan, the Nikkei 225 declined 0.84%, South Korea's Kospi added 0.63%. The Shanghai Composite leapt 0.39% in China. Additionally, the Hang Seng demonstrated a solid 1.16% soar in Hong Kong. The S&P/ASX 200 edged up 0.72%.
China’s fixed-asset investment rallied 8.3%, versus July’s 8.6% surge.
Japan's second quarter demonstrated a 4% soar on year because investment in plant as well as equipment raised market sentiment for the sixth straight quarter of expansion.
The figure surpassed a 2.5% revenue expected on year. The quarter pace at 1.0 exceeded the 0.6% observed. Japan’s second quarter GDP was supposed to rally a provisional 2.5% on year as well as at a 0.6% tempo on quarter.
The so-called “stock market bloodbath” has continued on Friday with major indices falling down to the lows of the last October. What's going on?
Besides coronavirus, other news has been driving the stocks of Apple, Wallmart and General Motors to the lower levels.
US Fed comes right on time with the crisis support program announcement. How does the stock market react?
We could gain from buying emerging-market currencies such as South African rand, Mexican peso and Brazilian real.
Here are the most important topics that will determine the dynamics of currencies, commodities and stocks on Thursday, April 9. N