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On Friday, Asian markets offered quite mixed performance, pointing mostly higher, although Shanghai and Tokyo went down because commodity-dependent stocks declined on a stronger greenback that makes imports priced in the US currency less affordable.
Japan's Nikkei 225 sagged 0.19%.
South Korea's Kospi managed to earn 0.77%. Australia’s S&P/ASX 200 lost 0.70%. As for the Hang Seng Index in Hong Kong, it was intact, while the Shanghai Composite headed south 0.2%.
Overnight, American shares demonstrated records peaks because market participants appreciated the publication of better than expected initial jobless claims reports, while the Fed minutes kept driving market sentiment amid a dent in hopes that the major US bank would lift rates for a total of three times this year.
The American economy kept showing signs of a rebound in the second quarter, right after initial jobless claims inched up less than expected.
When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
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On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
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BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!
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