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On Tuesday, Asian stocks were quite mixed, with Tokyo giving up some revenues on a weakening yen.
In Japan, the Nikkei 225 went down 0.23%, South Korea's benchmark Kospi index tacked on 0.18%. South Korean tech shares demonstrated mixed performance right after the sell-off in the last trading session. Samsung Electronics grew 0.09%, LG Display tacked on 2.72%t, while memory chip supplier SK Hynix decreased by 0.35%.
In Australia, the S&P/ASX 200 went up by 0.06%. Additionally, several employees of the Australian gaming group, Crown Resorts were charged for the promotion of gambling in China, as Reuters informed. Stocks of Crown managed to gain 0.27% in early trade.
The National Australia Bank published its May business confidence survey, unveiling a plus-7 figure, down from last reading at plus-13 as well as its business poll at plus-12, also dipping from the previous outcome at plus-14.
On Thursday, American equities decreased in volatile trade because optimism provoked by progress in US-China trade negotiations faded away, with market participants preferring defensive sectors, including utilities and real estate…
On Wednesday, American equities rallied, backed by the technology sector due to the fact that signs that China would ease its "Made in China 2025" industrial policy contributed to optimism driven by US leader’s positive remarks on trade…
On Tuesday, European equities started higher due to the fact that a new whiff of optimism over the China-U…
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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