Germany Archives - The Industry Spread

Equities Muted Post Strong Rebound, Lingering Stimulus Keeps Bulls Sustained

August 21, 2019

Asian market opened positive post bullish price action in US Wall Street last night. US decision to give China’s Huawei a 90-day extension combined with easing recession woes played a major role in influencing positive action in the global market yesterday. Lingering influenced from previous sessions positive cues helped underpin market bulls in Asian market today.

EURUSD at Weekly Lows, Gold below 1,500

August 20, 2019

Asian indices continue higher for second day mirroring the Wall Street as traders looking for stimulus in major economies that can boost hectic growth. Germany is prepared to increase fiscal spending as its economy heading to recession, while the central bank of China lowered corporate borrowing costs. The Hang Seng trading 0.05 percent higher at 26,306, Nikkei225 in Japan is 0.46% higher at 20,656.

Fed to be Patient Raising Rates, Asian Stocks at Four Month High

January 31, 2019

Asian stocks finished the session close to four-month highs, following Wall Street indices, after the FED pledged to be patient in raising rates going forward. Shares in Japan was 1.06% higher at 20,773, and the Shanghai Composite index is gaining 0.35 percent. In Hong Kong, the Hang Seng index finished 1.04 percent higher at 27,935, and South Korea’s Kospi added 0.2%. Australian stocks have not been able to replicate the positive performance in other Asia markets with ASX200 giving up 0.4 percent to 5,864.