Market News - European Open Archives - Page 20 of 32 - The Industry Spread

Asian Equities Turn Red, Euro Picture Improves

June 12, 2019

Asian indices finished lower today as trade worries resurface and Hong Kong protests regarding the China extradition bill, weighing on traders sentiment.  The Nikkei225 finished 0.35 percent lower to 21,129 the Hang Seng benchmark in Hong Kong, finished 2.00 percent lower at 27,237. The Shanghai Composite finished 0.54 percent lower to 2,910, while in Singapore the FTSE Straits Times index finished 0.36 percent lower to 3,198.

Relief Rally Continues, Gold under Pressure  

June 11, 2019

Asian indices continue higher for the second day as investor digesting the news that President Donald Trump suspended plans to impose tariffs on Mexico but the market’s going to remain sensitive to trade news flow for some time particularly as we head into the G20. The Nikkei225 finished 0.33 percent higher to 21,204 the Hang Seng benchmark in Hong Kong, finished 0.81 percent higher at 27,796.

Mexican Peso Rallies on Immigration Deal News

June 10, 2019

Asian indices started the week higher as investors are digesting the news that President Donald Trump suspended plans to impose tariffs on Mexico. The Nikkei225 finished 1.20 percent higher to 21,134 the Hang Seng benchmark in Hong Kong, finished 2.31 percent higher at 27,584. The Shanghai Composite finished 0.86 percent higher to 2,852, while in Singapore the FTSE Straits Times index finished 0.69 percent higher to 3,188. Australian equities are closed today.

Markets in a wait and see Stance before NFP Data

June 7, 2019

Asian indices finished mixed today as investors are digesting the European Central Bank meeting and keeping an eye on the US-China trade tensions. The Nikkei225 finished 0.53 percent higher to 20,884 the Hang Seng benchmark in Hong Kong finished 0.26 percent higher at 26,965. The Shanghai Composite finished 1.17 percent lower to 2,827, while in Singapore the FTSE Straits Times index finished 0.36 percent higher to 3,157.

ECB Decision is the Key for Today

June 6, 2019

Asian indices finished lower today as investor sentiment improves amid upcoming rate cuts from major Central Banks but concerns increase as the US –Mexican negotiations fail. The Nikkei225 finished 0.01 percent lower to 20,774 the Hang Seng benchmark in Hong Kong finished 0.13 percent lower at 26,862. The Shanghai Composite finished 0.94 percent higher to 2,834, while in Singapore the FTSE Straits Times index finished 0.47 percent lower to 3,128.

USD/JPY finally rebounds, Kiwi outperforms

June 5, 2019

Asian indices finished higher today as investor sentiment improves amid upcoming rate cuts from major Central Banks. The Nikkei225 finished 1.80 percent higher to 20,776 the Hang Seng benchmark in Hong Kong finished 0.30 percent higher at 26,846. The Shanghai Composite finished 0.06 percent higher to 2,862, while in Singapore the FTSE Straits Times index finished 0.61 percent higher to 3,142.

RBA Delivers the Cut, AUD slightly Higher

June 4, 2019

Asian indices finished mostly lower today as investor sentiment remains fragile amid trade war and the upcoming rate cuts from major Central Banks. The Nikkei225 finished 0.01 percent lower to 20,408 below its 100-day moving average; the Hang Seng benchmark in Hong Kong finished 0.70 percent lower at 26,702. The Shanghai Composite finished 0.96 percent lower to 2,862 also below the 100-day MA, while in Singapore, the FTSE Straits Times index finished 0.20 percent higher to 3,130.

Yen attracts Bids as Trade War Intensifies

June 3, 2019

Asian indices started the week lower as President Trump vowed to impose a 5% tariff on Mexican imports and China blames the U.S. for the breakdown in trade talks and said it won’t back down. The Nikkei225 finished 0.92 percent lower to 20,410 below its 100-day moving average; the Hang Seng benchmark in Hong Kong finished 0.16 percent lower at 26,854.

Mexican peso battered after Donald Trump announced new tariffs on Mexico

May 31, 2019

Asian indices finished lower for one more day as President Trump vowed to impose a 5% tariff on Mexican imports until that country stops immigrants from entering the U.S. illegally. The Nikkei225 finished 1.63 percent lower to 20,601 below its 100-day moving average the Hang Seng benchmark in Hong Kong finished 0.59 percent lower at 26,959. The Shanghai Composite finished 0.03 percent lower to 2,904 below the 100-day MA, while in Singapore the FTSE Straits Times index finished 0.80 percent lower to 3,118. Australian equities closed down 47 points or 0.74% to 6,392.