What will move the market on October 18-22?
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
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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