Equity World - Japanese stocks rose after the yen posted the biggest one-day decline against the dollar in a week. Markets in Asia likely will move thinner because it will be open only half a day ahead of the Chinese New Year celebration.
The broader Topix index rose 6 points above the highest level ever achieved in the month of December 2015, while Australian stocks also rose. The Mexican peso fell after the country's president canceled a meeting with Donald Trump. The price of oil is above $ 53 per barrel, while gold was heading for the longest slump in three months. Financial markets are jittery effects of tensions between the US and Mexico that threatens one of the largest bilateral trade relationship in the world. Signs of US expansion which remains on uneven footing appear on Thursday, as data showing a rise in bond yields damped home purchases last month, while jobless claims rose more than expected. Japan's consumer prices fell for the 10th month, although the pace of decline has eased, supporting hopes to return to the desired inflation rate until the end of this year. China's market, South Korea, Taiwan and Vietnam will be closed Friday for the start of Lunar New Year. Hong Kong while in Malaysia and Singapore will open only half a day. Stock market Japanese index, the Topix rose 0.4 percent at 09:41 in Tokyo, as well as with the Nikkei 225 Stock Average rose 0.2 percent. S & P / ASX 200 Index rose 0.7 percent Australia, the market reopened after being closed Thursday for a national holiday. The S & P 500 Index slipped 0.1 percent at 2,296.68 on Thursday in New York, after a see-through 2,300 for the first time. read Gold Prices Down On Lack of Demand From China | Equity World
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