July 29, 2019
Asian stocks start the week lower today as investors await the first interest rate cut in a decade from the Fed, and U.S. trade negotiators will likely visit China next week for their first face-to-face talk with Chinese officials since the G20 meeting. The Nikkei225 ended 0.37 percent lower at 21,577, the Hang Seng finished 1.20 percent lower at 28,056. The Shanghai Composite ended 0.14 percent lower to 2,940, while in Singapore the FTSE Straits Times index finished 0,63 percent lower to 3,343. Australian equities trading lower, The ASX 200 is trading near record highs as the ASX200 is gaining 0.14% to 6803.5.