FTSE100 Archives - The Industry Spread

Global Markets Calm ahead of FOMC Meeting

March 19, 2019

Asia stocks finished almost flat today as traders awaited the U.S. Federal Reserve meeting later on Wednesday. In Japan, the Nikkei225 main index lost 0.08 percent to 21,566 and the Hang Seng benchmark in Hong Kong finished 0.19 percent higher at 29,466. The Shanghai Composite finished 0.18 percent lower at 3,090, while stocks in Australia has again seesawed in and out of negative territory, held back by losses in the Financial, IT, Healthcare and Energy sectors. Miners extended yesterday’s strong gains, buoyed by further strength in the price of iron ore. The ASX 200 closed down 5 points or 0.1% to 6,184.

Global Equities Advance, Yen stabilizes at 111.70 After BoJ

March 15, 2019

Asia stocks advanced in the last trading day of the week as traders spy a possible light at the end of the tunnel in talks between the UK and EU and China’s suggestion of an official state visit by President Xi linked to a trade deal will see the meeting take place in late April, a delay to the much-anticipated March finish. In Japan, the Nikkei225 main index rose 0.77 percent to 21,450, and the Hang Seng benchmark in Hong Kong finished 0.90 percent higher at 29,109.

Bulk up for another Pound Roller Coaster Today

March 13, 2019

Brexit uncertainties weighed on Asian markets, and in Japan, the Nikkei225 main index lost 0.99 percent to 21,290, and the Hang Seng benchmark in Hong Kong gave up 0.39 percent at 28,920. The Shanghai Composite shed 1.09 percent at 3,026, while stocks in Australia has extended its longest losing streak for the year, recording loses for a fourth straight day with geopolitical concerns continuing to weigh on the local market. Soft US inflation data and further Brexit uncertainties weighed on the ASX 200 as the index fell 13 points or 0.22% to close the session at 6161.2.

Federal Reserve Will be Patient About Raising Interest Rates

January 11, 2019

Asian markets finished higher after Chairman Jerome Powell reiterated that Federal Reserve would be patient about raising interest rates, Japan’s Nikkei 225 index gained 0.7%, Hong Kong’s Hang Seng rose 0.1%, the Shanghai Composite index also advanced 0.1%, Australian stocks eased by 0.3%, slipping for the first time in five sessions despite encouraging retail trade data.

Asian Markets Tumbles over 2%

December 6, 2018

Asian stock indices took a hit on the chin led by technologies stocks after Canadian authorities arrested the chief financial officer of Huawei Technologies for allegedly violating Iran sanctions. No major gains due to concerns for European Union. Gold bullish momentum sturdy.