American equities stand still as trade and economic fears weigh
On Monday, American futures were generally intact suppressed by trader fears over the world’s economic deceleration…
Equities in Asia are mixed with RBA slated to disclose interest rate views
On Tuesday, Asian equities showed mixed performance, reacting to renewed tensions closely connected with North Korean recent nuclear tests.
Japan's Nikkei 225 went down 0.71% on a stronger yen. At the same time the Kospi slumped 0.21%.
Meanwhile, in Australia, firm current account data as well as a good outcome for the China Caixin services PMI didn’t manage to raise the S&P/ASX 200 that dived 0.20%.
Japanese car makers were quite mixed notwithstanding posting sturdy August sales in China. Additionally, in August Toyota sales grew 13.2% versus last year.
Tensions on the Korean Peninsula were still in the spotlight even as financial markets recovered moderately.
The Shanghai Composite edged up 0.20%, the Hang Seng index soared 0.22% in Hong Kong.
In Australia, the RBA interest rate decision is believed to see the key financial institution hold steady at 1.50%, which is a record low.
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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…
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