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POPULAR NEWS
Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand. Futures in New York lost 0.4% in Asian trading after falling 2% on Friday. China warned that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between the superpowers could complicate the market™s recovery from a historic demand crash. Beijing last week abandoned its decades-long practice...

Hong Kong Shares Begin On Negative Note

Hong Kong stocks started Monday with more losses, extending a sharp drop at the end of last week, after the city saw fresh street clashes over a controversial security law proposed by China. The Hang Seng Index fell 0.89 percent, or 204.44 points, to 22,725.70. China's benchmark Shanghai Composite Index edged up 0.09 percent, or 2.48 points, to 2,816.24, while the Shenzhen Composite Index on the country's second exchange dipped 0.09 percent, or 1.59 points, to 1,750.83. Source: AFP

Tokyo stocks open higher on virus hopes

Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo. The benchmark Nikkei 225 index was up 1.37 percent or 279.75 points at 20,667.91 in early trade, while the broader Topix index advanced 1.16 percent or 17.20 points to 1,495.00. Source:  AFP

Yen Rises against Dollar After BOJ Holds
Thursday, 19 September 2019 15:17 WIB | CURRENCIES |

The yen rose from a seven week low against the U.S. dollar on Thursday after the Bank of Japan kept monetary policy on hold, in the wake of the Federal Reserve™s overnight decision to cut rates.

The dollar was down 0.44% to 107.95 yen by 2:32 AM ET (6:32 GMT) after the BoJ kept policy on hold, as expected, but signaled it could ease next month.

Central banks around the world have been loosening policy to counter the risks of low inflation and recession.

The euro rose 0.1% against the dollar to 1.1045, while the British pound was little changed at 1.2468.

The Australian dollar was down 0.6% at 0.6786 after data overnight showing that the country™s unemployment rate unexpectedly rose in August, underlining the case for additional stimulus by the Reserve Bank of Australia.

Source: marketwatch

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POPULAR NEWS
Oil Dips as U.S.-China Tensions Add to Nerves on Global Economy

Oil edged lower as an escalating war of words between the U.S. and China added to caution over the prospects for a global recovery in demand. Futures in New York lost 0.4% in Asian trading after falling 2% on Friday. China warned that some in the U.S. were pushing the countries toward a new Cold War, stoking concerns that deteriorating relations between the superpowers could complicate the market™s recovery from a historic demand crash. Beijing last week abandoned its decades-long practice...

Hong Kong Shares Begin On Negative Note

Hong Kong stocks started Monday with more losses, extending a sharp drop at the end of last week, after the city saw fresh street clashes over a controversial security law proposed by China. The Hang Seng Index fell 0.89 percent, or 204.44 points, to 22,725.70. China's benchmark Shanghai Composite Index edged up 0.09 percent, or 2.48 points, to 2,816.24, while the Shenzhen Composite Index on the country's second exchange dipped 0.09 percent, or 1.59 points, to 1,750.83. Source: AFP

Tokyo stocks open higher on virus hopes

Tokyo stocks opened higher on Monday on expectations the state of emergency will be lifted for the whole nation including economic powerhouse Tokyo. The benchmark Nikkei 225 index was up 1.37 percent or 279.75 points at 20,667.91 in early trade, while the broader Topix index advanced 1.16 percent or 17.20 points to 1,495.00. Source:  AFP

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