Turkey stocks head south at close of trade
On Friday, Turkey stocks headed south after the close due to the fact losses in the Tourism, Transport, and Real Estate Investments sectors led shares down…
Asian stocks go up
On Thursday, Asian stocks rallied after the major US bank took a more accommodative stance at its policy gathering, although worries over US-China trade negotiations and decelerating global surged capped broad profits and suppressed some markets.
As a matter of fact, MSCI's index of Asia-Pacific stocks rallied by 0.5%.
Chinese blue-chips that spent the morning fluctuating between minor losses and profits stood still, while Seoul's Kospi managed to acquire 1% because watchdogs announced plans to reduce the stock transaction tax in 2019.
Australian stocks that had surged earlier in the session, dived, losing 0.5%.
On Thursday, Japanese markets are unavailable due to a public holiday.
Profits in the broad Asian index arose after a wobbly trading session on Wall Street overnight, following a move toward risk because the Fed's dovish shift was overtaken by trade and surge worries.
On Wednesday, American leader warned that the US cabinet might leave levies on China’s goods for a substantial period just to ensure China’s compliance with any trade agreement.
By the way, China-US trade negotiations are expected to resume next week.
Trump's remarks had more of an effect on American equities than their Asian rivals. A move lower in American interests rates has a greater impact or efficacy in Asia and EM than in America.
The Dow Jones Industrial Average headed south by 0.55% hitting 25,745.67, while the S&P 500 decreased by 0.29% being worth 2,824.23. As for the Nasdaq Composite, it surged by just 0.1% hitting 7,728.97.
The evergreen buck kept easing having tumbled on Wednesday, diving to 95.874. Versus Japan’s currency the evergreen buck dipped by 0.1% hitting 110.59 yen.
As for the common currency, it surged by 0.14% being worth $1.1427.
Similar
Asian stocks drift away from nine-month maximum
On Thursday, Asian stocks went down after losses on Wall Street, although trade was subdued due to the fact that market participants waited for business polls in the European Union and were mostly on the sidelines ahead of the long Easter weekend holiday…
Wall Street is intact
On Wednesday, Wall Street's key indexes stood still because a Qualcomm-led soar in chipmakers was compensated by a dive in healthcare shares for the second straight trading marathon, although quarterly gains came in largely positive…
Latest news
Weekly CryptoNews
Did Bitcoin manage to recover and what was the hottest news in the crypto and blockchain world? Read and find out!
Most Asian stocks post strong revenues with Nikkei rising more than 2%
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 real wages surge is slowest in almost two years
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…
Deposit with your local payment systems
