During today's Turkish central bank meeting, the market anticipated a rate cut between 200-300 pips.
Taiwan equities ascend at close of trade
On Monday, Taiwan equities tacked on because profits in the Oil, Gas & Electricity, Plastic as well as Electronic Parts/Components sectors drove shares.
The Taiwan Weighted managed to gain 0.14%.
On the Taiwan Weighted the best performers included Holy Stone Enterprise Co Ltd, HannStar Board Corp and AVerMedia Technologies Inc. They gained respectively 10.00%, 9.98% and 9.88%.
On the contrary the worst performance was shown by such benchmarks as Shuttle Inc, Genius Electronic Optical Co Ltd and Pal Wonn Taiwan Co Ltd. They tumbled 7.14%, 5.83% and 4.85% respectively.
On the Taiwan Stock Exchange ascending shares supplanted decreasing equities by 387 to 350, while 145 were intact.
Equities in Holy Stone Enterprise Co Ltd gained to all time peaks, adding 10.00% being worth 96.80. Stocks in HannStar Board Corp edged up to 5-year maximums, adding 9.98% hitting 22.60. Stocks in Pal Wonn Taiwan Co Ltd dived to 52-week minimums, declining 4.85% hitting 10.80.
The currency pair USD/TWD soared 0.05% showing an outcome of 29.992, TWD/CNY stood still, sticking to 0.2196.
More tariffs were introduced
Yesterday, the US Justice Department announced a broad antitrust review ...
We've got some positive news for the British pound and we are awaiting the release of the core retail sales for Canada at 15:30 MT.
The tweet by Iran's foreign minister increased the possibility of tensions in the region. It pushed the oil prices up.
The European trading session will be highlighted by the events for the British pound. Traders will pay special attention to the BOE meeting at 14:00 MT.