Asian indices Archives - The Industry Spread

Asian Indices Higher, GBPUSD Retreats Ahead of Brexit Vote

October 22, 2019

Asian Indices ended higher today as investors turn cautious ahead of UK Parliaments vote on Brexit deal. Meanwhile, the US and China’s partial trade deal spill optimism in equities markets. Chinese Government wants to proceed with further discussions before signing the phase one trade deal.

Asian Indices Lower, Bitcoin Slumps

September 25, 2019

Asian indices finished lower today as political turbulence in the US weighs on global equities. The US and China planning to restart negotiations in early October. The oil price stabilized after the drone attack in Saudi Arabia oil facilities which will cut 5% of the world oil supply.

Asian Indices Rebound, AUDUSD Under Pressure

August 28, 2019

Asian indices finished higher today as trade tensions between the China and USA ease. President Trump on Friday announced the increase of tariffs on $250 billion of Chinese goods to 30% from 25% starting Oct. 1, and above that, he will hike tariffs on another $300 billion in Chinese imports to 15% from 10%.

Asian Indices Lower as Trade War Intensifies

August 27, 2019

Asian indices finished sharply lower at the start of the week as the trade war between China and USA intensifies. President Trump announced the increase of tariffs on $250 billion of Chinese goods to 30% from 25% starting Oct. 1, and above that, he will hike tariffs on another $300 billion in Chinese imports to 15% from 10%.

Global Equities Higher Ahead of Jackson Hole meeting

August 23, 2019

Asian indices finished higher today as investors turn cautious ahead of the Jackson Hole meeting later this week. The Hang Seng trading 0.54 percent higher at 26,190, Nikkei225 in Japan is 0.34% higher at 20,697. The Shanghai Composite trading 0.55 percent higher to 2,899, while in Singapore, the FTSE Straits Times index finished 0,53 percent lower to 3,111. Australian equities trading higher, the ASX 200 is 0.34% higher to 6,523.

Asian Indices Mixed on US-China Trade Tensions, EURUSD Breaks Below 1.11 

August 16, 2019

Asian stocks finished mixed today as US-China trade tensions show no sign of relief. The Hang Seng ended 0.73 percent higher at 25,681, Nikkei225 in Japan finished 0.07% lower at 20,389. The Shanghai Composite ended 0.67 percent higher to 2,834, while in Singapore the FTSE Straits Times index finished 0.70 percent lower to 3,105. Australian equities finished lower, the ASX 200 ended 0.14% lower to 6,399.