The US authorities filed a lawsuit against Facebook - what are the implications?
Asian equities mostly sag as Harvey impact
On Monday, Asian equities went down, with Hong Kong out-of-step- because the impact of Hurricane Harvey on American surge in the current quarter and also the absence of fresh clues on monetary policy by the Fed or ECB weighed at the weekend.
In Japan, Nikkei 225 relieved 0.10%, South Korea's Kospi went down 0.65% following a weekend missile test by North Korea.
Meanwhile, in Australia, the S&P/ASX 200 edged down 0.66%, the Shanghai Composite dived 0.86% and the Hang Seng index rose 0.56%.
The previous week, Wall Street managed to conclude higher on Friday, thus snapping a two-week diving streak amid revived optimism that Donald Trump is going to deliver on tax reform, while confounding hopes for a rate lift later in 2017 spurred market sentiment.
The Dow Jones Industrial Average ended lower showing 21,813. Additionally, the S&P 500 concluded 0.17% higher. Meanwhile, the Nasdaq Composite was intact.
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.