FACEBOOK, GOOGLE: Russian threat? Give me a break
Russian media companies are complaining that Youtube and Facebook block them. So sad. Now, what about the stock price?
Asian stocks are mixed as Tokyo revives after muted Wall Street
On Tuesday, Asian stocks traded mixed, with Tokyo reviving after America demonstrated a muted reaction to President Donald Trump's inability to replace Obamacare.
Japan's Nikkei 225 inched up 1.07%, reviving from a steep drop overnight as Lenovo Group and Fujitsu announced the postponement of their target date for a final agreement on their personal computer business tie-up. Stocks of Fujitsu rallied 2.70%t and the Hong Kong-listed Lenovo surged 1.23%.
In Australia, the S&P/ASX 200 soared 1.15%. However, retail company Myer dipped 4%, having soared 18% on Monday amid rumors that a takeover bid was on the cards.
The Shanghai composite tumbled 0.26%, while Hong Kong's Hang Seng index gained 0.49%.
Overnight, American stocks closed mostly lower on, as market participants mulled over President Trump’s ability to push through major proposals, which include tax reform, right after on Friday the healthcare bill was dropped.
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Stocks jump on vaccine progress
Pfizer Inc. announced that its Covid-19 vaccine prevented more than 90% of infections in a large-scale study.
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All eyes on AUD
Australian Private Capital Expenditure will be out on Thursday at 2:30 MT time!
Market is crazy after Biden’s transition
Oil jumped to March high, stocks are heading to record highs, while the US dollar is on the back foot.
Wednesday is full of US reports
News geeks get ready for the chain of US reports, which starts at 15:30 MT time on November 25!
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