Theresa May Archives - The Industry Spread

Volatility returns in Forex, EURUSD rebounds from YTD Lows

May 24, 2019

Asian indices finished mixed today as the China-U.S. trade dispute entering the 15th month, with few signs a deal will be reached in the near-term. The Nikkei225 finished 0.16 percent lower to 21,117 the Hang Seng benchmark in Hong Kong finished 0.42 percent higher at 27,384. The Shanghai Composite finished 0.02 percent higher to 2,852 below the 100-day MA, while in Singapore the FTSE Straits Times index finished 0.28 percent lower to 3,169.

Sterling at Four-Month Lows

May 22, 2019

Asian markets finished mixed today amid global politics and geopolitical uncertainty. The Nikkei225 finished 0.05 percent lower to 21,283, the Hang Seng benchmark in Hong Kong finished 0.04 percent lower at 27,647. The Shanghai Composite finished 0.87 percent lower to 2,880, while in Singapore, the FTSE Straits Times index finished flat at 3,184.

Asian stocks Mixed as Brexit Deadline gets Closer

April 8, 2019

Asian stocks finished in a mixed state on Monday, as investors follow recent positive signs of the China-US trade deal. While in the UK, PM Theresa May said she would seek another Brexit extension, voiced her opposition to a no-deal Brexit and continues talks with Labour leader Jeremy Corbyn to break the deadlock. In Japan, the Nikkei225 main index lost 0,21 percent to 21,761, the Hang Seng benchmark in Hong Kong finished 0.33 percent higher at 30,015.

Traders Cautious Ahead of US Employment Figures

April 5, 2019

Asian stocks finished in a mixed state on Friday, as investors kept their eye on a key meeting between Donald Trump and Chinese Vice Premier Liu He. While in the UK, PM Theresa May said she would seek another Brexit extension, voicing her opposition to a no-deal Brexit and calling for urgent talks with Labour leader Jeremy Corbyn to break the deadlock. In Japan, the Nikkei225 main index added 0,38 percent to 21,807 and in Singapore, the FTSE Straits Times index gained 0.19 percent higher at 3,322.

Asian Stocks at Seven Month High, Oil at Five Month High

April 3, 2019

Asian stocks extend recent rally at seven-month highs as reports favoring the US-China trade deal, and PM Theresa May said she would seek another Brexit extension, voicing her opposition to a no-deal Brexit and calling for urgent talks with Labour leader Jeremy Corbyn to break the deadlock. In Japan, the Nikkei225 main index added 0,97 percent to 21,713, the Hang Seng benchmark in Hong Kong finished 1.15 percent higher at 29,965.

RBA Keeps rates Unchanged, Oil at Five Month High, Bitcoin Rallies Above 5,000

April 2, 2019

Asian stocks finished on positive tones as investors digest better China PMI figures and progress in trade negotiations between the US and China. In Japan, the Nikkei225 main index added 0,13 percent to 21,537; the Hang Seng benchmark in Hong Kong finished 0.09 percent higher at 29,590. The Shanghai Composite outperformed for one more day, finishing 0.41 percent higher at 3,183 and in Singapore, the FTSE Straits Times index gained 0.52 percent higher at 3,267.

Positive Mood on Better China PMI figures

April 1, 2019

Asian stocks finished strong as investors digest better China PMI figures and progress in trade negotiations between the US and China. In Japan, the Nikkei225 main index added 1,43 percent to 21,509, the Hang Seng benchmark in Hong Kong finished 1.69 percent higher at 29,541. The Shanghai Composite outperformed for one more day, finishing 2.58 percent higher at 3,170, and in Singapore, the FTSE Straits Times index gained 1.02 percent higher at 3,245. Australian equities also in positive performance.