American futures sink ahead of jobs data
On Friday, American futures went down by nearly 0…
Asian equity markets tack on after Wall Street
On Thursday, the stock indices of the Asia-Pacific region demonstrated positive dynamics after the active soar on Wall Street, while a minor dive was seen only in mainland China.
The MSCI Asia Pacific index went up by 0.5%.
The Japanese indicators Nikkei 225 as well as Topix jumped by respectively 0.9% and 0.6%. The leaders of surge were represented by chemical companies – their index rallied by 1.8%, while Shiseido Co managed to gain 5.6%.
In addition to this, equities of car makers, including Toyota Motor Corp managed to ascend by 0.9%, Mazda Motor Corp gained 1.2%.
The Australian S&P/ASX 200 soared by 0.5%.In April, Australia cut exports by approximately 2% compared with the previous month following a 1.7% jump in March. The dive occurred because of the decreased supply of iron ore as well as coal abroad. Simultaneously, the value of imports didn’t change, while in March, there was a 0.7% leap. In April, trade surplus of Australia was a bit less than anticipated.
The market value of the world's number one mining companies BHP Billiton as well as Rio Tinto edged up by respectively 2.1% and 3.3%.
As a matter of fact, the Chinese index of the Shanghai Composite went down by 0.01%. As for the Shenzhen Composite, it lost 0.3%, while the Hong Kong Hang Seng ascended by 0.6%.
In Shanghai, steel went up by 2.5% on Thursday, hitting a peak of 3 months - 3,869 Yuan. It became possible due to reports that China’s actually tightening environmental inspections in industrial enterprises. Besides this, inventories of steel in this Asian country keep diving.
As for the value of the South Korean index Kospi, it dived by 0.7%.
Moreover, the capitalization of one of the world's leading semiconductor producers Samsung Electronics Co. tumbled by 1.2%.
Similar
Asian markets decrease
On Thursday, Asian markets tumbled in the morning, with Hong Kong shares losing nearly 3% after the detaining of the chief financial officer of Huawei Technologies…
European equities sink to 2-week minimum
On Wednesday, fears about American bond markets indicating an upcoming recession as well as a still escalating trade conflict between the world's two leading economies brought European equities down after a 3% decline on Wall Street…
Latest news
Forex today: easing geopolitical tensions
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
Common currency ascends ahead of euro zone data
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
Greenback edges down
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
Deposit with your local payment systems
