The US authorities filed a lawsuit against Facebook - what are the implications?
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.
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Have you seen the Tesla stock price? But it has already dropped from that high... will it move up again?
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The Canadian central bank will make a monetary policy report and announce interest rates on Wednesday, January 20, at 17:00 MT time. Also, the BOC press conference will be held later.
USD’s rally takes a pause, while riskier assets are modestly rising.