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On Wednesday, stock indices of the countries of the Asian-Pacific region demonstrated differently directed moves.
The index of the region MSCI Asia Pacific soared by about 0.1% from the market start.
Investors positively perceived the signals of the US and China that they are open to trade negotiations, as MarketWatch revealed.
On Tuesday, Chairman of the People's Republic of China Xi Jinping pledged to actively develop the country's openness policy for the outside world. Previously, a number of high-ranking representatives of the US authorities paid attention to the situation with China, and the overall tone of their statements seemed to be soft enough.
However, notwithstanding the easing of fears about the trade war, volatility in the stock markets is going to remain at least until the end of May, that is, before the planned dates for the introduction of import duties in America.
In addition to this, Japanese indices Nikkei 225 as well as Topix slumped by respectively 0.35% and 0.23%.
The most considerable dive took place in equities of retailers. J.Front Retailing Co. sagged more than 10% (the maximum sink for seven years) because of a poor prognosis of the company's revenue.
The price of securities of consumer electronics manufacturers Sony Corp. as well as Panasonic Corp. headed south by respectively 0.8% and 0.1%.
The value of the South Korean index Kospi inched down by about 0.21%.
The Australian indicator S&P/ASX 200 headed south by approximately 0.51%.
Cheaper equities of the four largest Australian banks performed the following way: Westpac Banking dived 1.4%, National Australia Bank declined 1.2%, Australia & New Zealand Banking sagged 1%, while Commonwealth Bank of Australia tumbled 1.2%.
Simultaneously, the market value of the world's leading mining companies BHP Billiton Ltd. and Rio Tinto inched up by respectively 1.9% and 1.3%.
On Friday, Wall Street's key indexes were braced for reporting their biggest weekly profits for a month because traders were quite optimistic about the everlasting trade negotiations to tackle a bruising tariff clash between China and America…
On Thursday, Wall Street shrugged off early losses because a sudden dive in retail sales affected investor hopes for progress at the everlasting US-China trade negotiations in Beijing…
On Wednesday, European equities went up because upbeat mood about Washington and Beijing trade negotiations backed global markets, while data revealed that earnings surge estimates for the European Union are stabilizing after abrupt downward revisions…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
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…
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…
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