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On Tuesday, Asian equities managed to gain because market participants monitored the Korean peninsula for probable reaction by Pyongyang to newly-imposed UN economic sanctions.
The Nikkei 225 rallied 1.05%, the Kospi in South Korea reported 0.12% jump. Additionally, in Australia, the S&P/ASX 200 rallied 0.72%. As for the Shanghai Composite, it soared 0.07%.
The fresh UN sanctions on crude exports to North Korea happen to be relatively moderate especially compared with the authentic US proposal as for crude exports. So it can hardly affect the operations of the North Korean military, as some experts state.
Overnight, American equities concluded steeply higher because the fallout from Hurricane Irma didn’t happen to be as terrible as anticipated after on Monday Irma was downgraded to a tropical storm, while relieving geopolitical uncertainty on the Korean peninsula backed market sentiment.
On Friday, the major US indices went down amid a drop in the consumer sector led by shares of tobacco manufacturers as well as technology companies…
On Thursday, China's stock market concluded up due to strengthening sectors of oil and gas equipment, insurance as well as gas and water supply…
On Thursday, stock indices of Western European countries concluded in positive territory on expectations of positive corporate reporting as well as signals on mitigation of some factors of geopolitical tension…
On Monday, the euro drifted away from peaks reached in the Asian session because market participants took profits from its revenues after centrist Emmanuel Macron's win over the far-right Marine Le Pen in France's presidential election…
On Monday, Asian stocks traded mostly higher, with Shanghai bucking the trend because centrist Emmanuel Macron fully matched opinion survey hopes and left anti-EU far-right nominee Marine Le Pen behind…
Japan's March real wages went down at the fastest pace in nearly two years, weighed by minor nominal pay lifts as well as a moderate ascend in consumer prices, thus posing a setback for Prime Minister Shinzo Abe's tries to revitalize the Japanese…
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