Daily Market Updates 31.07.2020
Asian equities followed US stocks after shares of Amazon, Apple and Facebook surged in Thursday’s trading session, amid earnings report,
Asian equities followed US stocks after shares of Amazon, Apple and Facebook surged in Thursday’s trading session, amid earnings report,
Asian stocks rose along with US equities as Fed left unchanged its interest rate decision policy. Equities in Hong Kong, India and Australia showed an increase, while the gains in Tokyo decreased.
Asian equities strived for a clear direction on today’s trading session, as investors awaited the conclusion of the Federal Reserve’s policy meeting later today.
Futures on equities in Australia and Hong Kong had moderate gains and were little changed in Japan.
Recently gold price was within breathing distance from all-time highs near $1920 per ounce since 2011, with bulls controlling well enough the momentum.
US stocks market were going up for three consecutive weeks, however last week slid lower. Millionaire investors are more optimistic about US economic recovery, despite that coronavirus cases increased day by day.
US equities advanced higher at the beginning of last week amid investors optimism over a coronavirus treatment and all eyes turned to previous week’s news for companies’ earnings and Central Banks interest rate decisions.
Shares in Asia were mostly higher in Monday afternoon trade. Investors are waiting for further stimulus package from lawmakers, as the US Republicans have finalized a bill worth about $1 trillion.
Technology equities in mainland China are down today more than 2% following US tech stocks, amid increased tensions between Us-China.
Asian stocks were mixed today along with US and EU equities, amid concerns over fresh Sino-US tensions. Hong Kong’s index yesterday lost 2.25%, while Japan’s index Nikkei lost 0.58% and Shanghai index has gained 0.37%.
Mainland Chinese stocks rose, however Asia Pacific stocks are traded modestly today, losing some previous gains on this week, after a mixed US session on doubts over the timing of a fresh US stimulus package program.
Chinese equities rose today and were supported by strong gains in healthcare equities on rising hopes for a coronavirus vaccine.
Mainland Chinese stocks advanced higher today. Chinese one-year and five-year loan prime rate remain unchanged, according to Reuters as its economy resume rebounding, while Japan’s exports plunged 26.2% in June from a year earlier and that was a worse drop than expected
Asian equities were mixed today on indications of the fragile U.S. technology shares rally, alongside with concerns that the coronavirus will hamper the global economic recovery
Asian equities slipped back in Asia today after markets worldwide rallied on rising hopes for a coronavirus vaccine.
Beginning of last week U.S. stocks jumped following the holiday weekend, lifted by the medical technology companies shares,
Despite yesterday gains on Chinese equities, the index is traded narrowly after the Donald Trump announced on Tuesday that he signed a legislation to impose sanctions on China in respect with Hong Kong’s autonomy new law.
Asian equities began the day lower amid fresh Sino-American tensions and worries over the economic impact under the scenario of new coronavirus infection cases.
Asian markets jumped higher today after positive sentiment from Wall Street into the region as investors are expecting to see higher US companies’ earnings.
Asian equities slipped today, ignoring the week’s advance as a surge in China concern resurfaced that the increase number of virus cases will hit the global economic recovery.