On Monday, Asian stocks were mixed in thin regional trade amid Mainland China getting a boost.
Meanwhile, the ASX 200 went down 1% in Australia. The heavily-weighted financials subindex slumped 1.28% because key banking equities were pressured. Stocks of ANZ slumped 1.26%, Westpac dipped 1.54%, Commonwealth Bank lost 0.96%, and the National Australia Bank declined 1.44%.
Japan's benchmark Nikkei 225 sank 0.84%, while the Shanghai composite managed to add 0.11%. Additionally, the Hang Seng index surged 0.46% in Hong Kong.
The previous week, American shares retreated from record peaks on the back of ascending American political jitters as well as an earnings report from General Electric, which undershot Wall Street forecasts bringing the broader market lower.
On Friday, the political scandal involving Donald Trump heated up right after Special counsel Robert Mueller urged the White House to preserve all documents regarding the June 2016 meeting that US President as well as other associated had with a Russian attorney.
On Wednesday, Asian stocks managed to rally due to the fact that Fed Chair Jerome Powell came up with an upbeat assessment of the American economy at his congressional testimony…
On Tuesday, European equities went down, having a second straight loss because telecom stocks were pressured, while market participants stepped back from risk ahead of testimony having to do with monetary policy from Fed Chair Jerome Powell…
On Monday, American futures didn’t change because market participants turn their attention to corporate earnings…
In February, Japan's exports probably ascended at the fastest pace for two years due to a softer yen as well as improving global demand, as a Reuters survey showed on Friday…
On Monday, stocks in Asia declined with markets in Japan unavailable for a holiday and traders watching oilfield-related stocks after a bankruptcy filing by Singapore's Ezra Holdings…
On Friday, the evergreen buck added against the Japanese yen and euro, drifting away from recent minimums, though revenues were capped as traders focused on a showdown between Donald Trump and members of his own party as for a fresh healthcare bill…
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