On Thursday, Asian stocks sagged after the US major financial institution utilized a hawkish bent overnight, while dropping metals also weighed on Asian stock markets.
Australia's S&P/ASX 200 went down 0.45%, Hong Kong's Hang Seng Index lacked 0.39% and the Shanghai Composite descended 0.59%.
Due to the Greenery Day holiday Japanese markets were unavailable.
As for Australian resources benchmarks, Rio Tinto sagged 2.29%, BHP Billiton declined 0.67% because base metals lost favor.
The sag in copper prices became evident after a leap in inventories powered worries as for an economic slowdown in China, the world's number one copper consumer.
Overnight, American shares were mixed after the close because revenues in the Oil & Gas, Financials as well as Technology sectors brought stocks up, while losses in the Basic Materials, Telecoms as well as Utilities sectors brought stocks down.
The Dow Jones Industrial Average managed to grow 0.04% at the close in NYSE, while the S&P 500 index headed south 0.13%. As for the NASDAQ Composite index, it went down 0.37%.
On Wednesday, Asian stocks managed to rally due to the fact that Fed Chair Jerome Powell came up with an upbeat assessment of the American economy at his congressional testimony…
On Tuesday, European equities went down, having a second straight loss because telecom stocks were pressured, while market participants stepped back from risk ahead of testimony having to do with monetary policy from Fed Chair Jerome Powell…
On Monday, American futures didn’t change because market participants turn their attention to corporate earnings…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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