Asian equities tack on

Asian equities tack on

On Monday, Asian equities started the new quarter with mild revenues following a sturdy performance by global stocks the previous week. Meanwhile, the evergreen buck stood still ahead of major economic indicators.

MSCI's index of Asia-Pacific equities inched up 0.3%.

In South Korea, KOSPI managed to ascend 0.6% and Japan's Nikkei rallied 0.55%. Additionally, the Hang Seng surged 0.25% in Hong Kong, while Shanghai added 0.4%.

Last Thursday, Wall Street gained because technology equities managed to rebound, concluding a chaotic first quarter on a high note. As a matter of fact, a great number of key financial centers were unavailable due to the Good Friday Easter holiday.

Besides this, the previous week MSCI's world stock index concluded up 1.2%. However, it lost approximately 1.5% during the first quarter. It was pushed away from record maximums because tensions over global trade stepped up, turmoil in the White House worsened and market-leading technology companies fluctuated on concerns of regulation as well as other issues.

While worries of an all-out global trade conflict that gripped the financial markets the previous month have relieved a bit, tensions between China and America over tit-for-tat duties kept traders on edge.

On Monday, China imposed extra duties on American products including wine, frozen pork as well as certain nuts and fruits, responding to American duties on imports of steel and aluminum.

The evergreen buck stood still showing a result of 106.340 yen. As for the common currency it was nearly intact sticking to $1.2327.

The US currency had rallied approximately 0.6% versus a basket of six key currencies the previous week underpinned by a number of factors including evident progress on North Korea issues.

American crude futures edged up 0.4% ending up with $65.21 per barrel, while Brent futures added 0.55% hitting $69.73 a barrel.




Latest news

Market Crash Incoming?
Market Crash Incoming?

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.

What Currency Will Overperform?
What Currency Will Overperform?

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.

Deposit with your local payment systems

Feel the Team Spirit

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera