Fitch Ratings Archives - The Industry Spread

Asian Equities Turn Red, Euro Picture Improves

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.

Oil at Yearly High, Slow Forex Trading

Asian stocks finished higher today in a quiet session after a four-day Easter break, as U.S. Secretary of State Mike Pompeo announced: “that as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian crude or condensate.”

Oil Hits Five Months High

Asian stocks finished mixed today in a quiet Easter Monday session U.S. Secretary of State Mike Pompeo will announce “that as of May 2, the State Department will no longer grant sanctions waivers to any country that is currently importing Iranian crude or condensate.”. The Nikkei225 main index added 0,08 percent to 22,217. Shanghai Composite finished 1.73 percent lower at 3,214, and in Singapore, the FTSE Straits Times index finished 0.18 percent higher at 3,353, while all other stock markets were closed.  

European Equities Lower after Weak Data

Asian stocks finished lower from nine months highs, after worse than expected figures from Japan. Sino-US trade relations were in focus again today as White House economic adviser Larry Kudlow said “very good progress” was being made in talks. The Nikkei225 main index lost 0,89 percent to 22,080, the Hang Seng benchmark in Hong Kong finished 0.46 percent lower at 29,982. Chinese stocks also finished lower, with Shanghai Composite finishing 0.12 percent lower at 3,259, and in Singapore, the FTSE Straits Times index finished 0.17 percent lower at 3,342.

AUDUSD Eyes 0.72, Gold Continues South

Asian stocks finished higher close to nine months highs, as investors sentiment was supported by strong Chinese industrial production numbers and better GDP data. In Japan, the Nikkei225 main index added 0,25 percent to 22,277, the highest since December 4th, 2018. The Hang Seng benchmark in Hong Kong finished 0.02 percent higher at 30,109.