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On Friday, Asian equity markets descended across the board, taking a breather from recent leaps and after the ECB took rather a dovish stance on policy as well as its everlasting stimulus program.
In Hong Kong, the Hang Seng Index decreased 0.19% trading at 26,690, with equities still keeping to peaks not observed for two years. On Friday, the market started on a positive note, but rebounded on profit taking.
China's markets shrugged off some recent profits, dropping for the first time in four days. The Shanghai Composite Index slid 0.21% trading at 3,238. The Shenzhen Composite Index didn’t change, soaring just 0.02% and demonstrating 1848.
In Japan, the Nikkei went down 0.30% trading at 20,084. On Thursday, the Bank of Japan didn’t change it monetary policy and hinted that a near-term change in its stance wasn’t probable. The Bank of Japan’s monetary policy statement as well as interest rate verdict was expected to comment on the tempo of asset buying at ¥80 trillion every year and probably hint of tapering.
On Friday, Asian stocks were quite mixed, while the evergreen buck kept to two-year maximums on rumors that later in the day figures will indicate the American economy has managed to outperform the rest of the developed world…
On Thursday, American shares were suppressed by dismal earnings from industrial businesses, in particular, 3M…
On Thursday, European stocks declined after a mixed pack of earnings from the region as well as worries for the euro zone economy resurfaced following a dismal German sentiment poll yesterday…
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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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