Chinese shares rallied on Friday afternoon in thin volumes from earlier profit-taking to end the day at a near 13-month closing high, with signs of an economic recovery in China contributing to a recent surge. At the close, the Shanghai Composite index was up 0.63 percent at 3,270.80, erasing earlier losses. It was the strongest close for the index since March 21, 2018. The blue-chip CSI300 index was up 1.19 percent at 4,120.61 points, its highest close since March 12, 2018. Trading...
Tokyo stocks closed higher Friday following healthy gains on Wall Street, with Nintendo jumping more than 14 percent following reports its games and popular Switch console will soon be available in China. The benchmark Nikkei 225 index added 0.50 percent or 110.44 points at 22,200.56, while the broader Topix index climbed 0.12 percent or 1.96 points to 1,616.93. Source : AFP
Tokyo stocks opened higher on Friday following healthy gains on Wall Street, while the forex market remained stable. The benchmark Nikkei 225 index was up 0.67 percent or 147.95 points at 22,238.07 in early trade, while the broader Topix index climbed 0.40 percent or 6.38 points to 1,621.35. Source : AFP
Japan's Nikkei rose on Friday morning as Wall Street gains raised risk appetite and lifted cyclical stocks, while Nintendo jumped after Tencent won approval to sell its Switch console in China. The Nikkei share average advanced 0.6 percent to 22,223.41 at the midday break. For the week, the index has risen 1.6 percent, poised for a third week of gain. Shares of Nintendo Co soared after China's Tencent won a key approval to begin selling Nintendo™s Switch console in China, the world™s...
The USDJPY pair extends its side-tend into the European session, wavering back and forth in a 10-pips extremely narrow range just below the 112 handle. A tug of war between the bulls and bears continue tor the sixth straight session, despite some volatility witnessed on Thursday after the Yen hit fresh weekly tops at 111.76 against its American peer following the disappointing German and Eurozone PMIs induced broad risk-aversion. The spot pulled back sharply from the weekly trough and...
USD/JPY has been better bid on the back of renewed optimism surrounding Brexit and global stocks. China announcing stimulus endeavours and with the market backing the notion that the UK will find a resolution to the deadlock in a hung parliament surrounding the Brexit plan has helped risk sentiment rally, supporting the upside in the pair.
As far as the no-confidence vote went, the victory of the vote following yesterday's humiliating defeat where PM May lost the 'meaningful vote' on her Brexit plan by a record margin of 432 to 202. came as expected considering the DUP and hardline Brexiteers had guaranteed their backing. Indeed PM May won with 325 votes. PM May said she would open up Brexit negotiations to a cross-party approach.
Wall Street closed on a positive note on Wednesday, as investors also cheered the optimism in a promising start to earnings season. The Beige Book which also showed eight out 12 Federal Reserve districts reporting modes to moderate growth. Additional support came from US Treasury yields, climbing and flirting with last week's high. the 10-year note hit 2.73%.
USD/JPY levels
Support levels: 108.65 108.30 107.90
Resistance levels: 109.20 109.50 109.85
Source : Fxstreet
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Pasangan USD/JPY memperpanjang tren datarnya ke sesi Eropa, goyah bolak-balik dalam kisaran 10-pips yang sangat sempit tepat di bawah 112. Tarik menarik antara bulls dan bears berlanjut untuk sesi ke...
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Chinese shares rallied on Friday afternoon in thin volumes from earlier profit-taking to end the day at a near 13-month closing high, with signs of an economic recovery in China contributing to a recent surge. At the close, the Shanghai Composite index was up 0.63 percent at 3,270.80, erasing earlier losses. It was the strongest close for the index since March 21, 2018. The blue-chip CSI300 index was up 1.19 percent at 4,120.61 points, its highest close since March 12, 2018. Trading...
Tokyo stocks closed higher Friday following healthy gains on Wall Street, with Nintendo jumping more than 14 percent following reports its games and popular Switch console will soon be available in China. The benchmark Nikkei 225 index added 0.50 percent or 110.44 points at 22,200.56, while the broader Topix index climbed 0.12 percent or 1.96 points to 1,616.93. Source : AFP
Tokyo stocks opened higher on Friday following healthy gains on Wall Street, while the forex market remained stable. The benchmark Nikkei 225 index was up 0.67 percent or 147.95 points at 22,238.07 in early trade, while the broader Topix index climbed 0.40 percent or 6.38 points to 1,621.35. Source : AFP
Japan's Nikkei rose on Friday morning as Wall Street gains raised risk appetite and lifted cyclical stocks, while Nintendo jumped after Tencent won approval to sell its Switch console in China. The Nikkei share average advanced 0.6 percent to 22,223.41 at the midday break. For the week, the index has risen 1.6 percent, poised for a third week of gain. Shares of Nintendo Co soared after China's Tencent won a key approval to begin selling Nintendo™s Switch console in China, the world™s...
The USDJPY pair extends its side-tend into the European session, wavering back and forth in a 10-pips extremely narrow range just below the 112 handle. A tug of war between the bulls and bears continue tor the sixth straight session, despite some volatility witnessed on Thursday after the Yen hit fresh weekly tops at 111.76 against its American peer following the disappointing German and Eurozone PMIs induced broad risk-aversion. The spot pulled back sharply from the weekly trough and...