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On Friday, the vast majority of Asian equities demonstrated moderate revenues, although market participants cast nervous eyes at the United States, where legislation to avert a Federal Government shutdown was proceeding in Congress.
On Thursday, the House of Representatives approved a short-term spending bill, although experts still doubt whether it’s going to have the Senate passed on Friday or not. It needs to take place to guarantee funding supply under debt-ceiling regulations.
Still, upbeat mood as for global surge in the wake of Thursday’s official Chinese growth figures helped Asian equities to go up. The Nikkei managed to gain 0.2% with most other regional stocks in the green. Meanwhile, Australia’s ASX 200 happened to be an exception. The benchmarks found itself under the pressure of a minor blue-chip weakness to conclude down 0.2%.
As for the closely-watched MSCI index of Asian equities, ex-Japan hit a fresh record maximum before rebounding back.
On Monday, Wall Street's three main indexes slumped following another round of US-China trade levies and market participants expected an interest rate lift a day ahead of the Fed’s two-day gathering…
On Friday, the S&P 500 along with the Dow demonstrated record maximums for the second straight day…
On Thursday, American equities jumped a bit due to the fact that market participants set aside fears over the everlasting trade conflict between China and America and turned their focus to economic data as well as earnings out later in the trading…
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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