Asian Stocks Down as Vote Counting Starts for Georgia Election
Asia Pacific stocks were mostly down on Wednesday morning, with vote counting for a U.S. Senate runoff election in the state of Georgia currently underway.
Tensions between the #U.S. and #China are up, with U.S. President Donald Trump also signing an order banning U.S. transactions with eight digital Chinese payment platforms, including Ant Group’s Alipay.
Investors are also focused on whether the #New York Stock exchange will delist #China Mobile Ltd , China Telecom Corp Ltd and China Unicom Hong Kong Ltd on security grounds. Although the bourse reversed its decision to delist the trio on Tuesday, it could reportedly restart delisting plans.
#Hong Kong’s Hang Seng Index fell 0.50%. Over 50 activists and politicians were taken into custody earlier in the day on suspicion of violating the city’s national security law. The group included former opposition politicians Alvin Yeung, James To, Andrew Wan and Lam Cheuk-ting, as well as academic and activist Benny Tai.
The charges stem from an informal primary in July 2020 to choose candidates for the legislative election due to have taken place in September and which was subsequently postponed.
Japan’s #Nikkei 225 was down 0.38% and South Korea’s KOSPI inched down 0.08%. In Australia, the #ASX 200 slid 1.09%.
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 0.28 % to 3,538.90. Hong Kong’s Hang Seng Index was down about 0.11% to 27,625.50.
Japan's benchmark Nikkei average. Nikkei 225 is trading down 0.38 percent at 27,056. on Wednesday, while the broader TOPIX 100 rose 0.43 percent to 1,169.23. South Korea’s Kospi was up by 0.01% to 2990.01.
#KOSPI
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 82.963 2923.88 2802.94 2619.96 U=2962.9212
M=2802.7205
L=2642.5198 %K=86.7666
%D=95.2863
Comment Over-Brought Zone zone Price Below the moving average Price Above the moving average Price Above the moving average Price is Above UB
Price is Above MB
Price is above LB Crossover to the Downside
Trend Over - Brought Bullish Bullish Bullish Bullish Bearish
Special
Notes The market is expected to move into Positive Territory. All the Moving Averages are below the price. The RSI suggests the market move on the Positive side.
Asia Pacific stocks were mostly down on Wednesday morning, with vote counting for a U.S. Senate runoff election in the state of Georgia currently underway.
Tensions between the #U.S. and #China are up, with U.S. President Donald Trump also signing an order banning U.S. transactions with eight digital Chinese payment platforms, including Ant Group’s Alipay.
Investors are also focused on whether the #New York Stock exchange will delist #China Mobile Ltd , China Telecom Corp Ltd and China Unicom Hong Kong Ltd on security grounds. Although the bourse reversed its decision to delist the trio on Tuesday, it could reportedly restart delisting plans.
#Hong Kong’s Hang Seng Index fell 0.50%. Over 50 activists and politicians were taken into custody earlier in the day on suspicion of violating the city’s national security law. The group included former opposition politicians Alvin Yeung, James To, Andrew Wan and Lam Cheuk-ting, as well as academic and activist Benny Tai.
The charges stem from an informal primary in July 2020 to choose candidates for the legislative election due to have taken place in September and which was subsequently postponed.
Japan’s #Nikkei 225 was down 0.38% and South Korea’s KOSPI inched down 0.08%. In Australia, the #ASX 200 slid 1.09%.
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 0.28 % to 3,538.90. Hong Kong’s Hang Seng Index was down about 0.11% to 27,625.50.
Japan's benchmark Nikkei average. Nikkei 225 is trading down 0.38 percent at 27,056. on Wednesday, while the broader TOPIX 100 rose 0.43 percent to 1,169.23. South Korea’s Kospi was up by 0.01% to 2990.01.
#KOSPI
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 82.963 2923.88 2802.94 2619.96 U=2962.9212
M=2802.7205
L=2642.5198 %K=86.7666
%D=95.2863
Comment Over-Brought Zone zone Price Below the moving average Price Above the moving average Price Above the moving average Price is Above UB
Price is Above MB
Price is above LB Crossover to the Downside
Trend Over - Brought Bullish Bullish Bullish Bullish Bearish
Special
Notes The market is expected to move into Positive Territory. All the Moving Averages are below the price. The RSI suggests the market move on the Positive side.
Asian Stocks Down, With Yield Worries Creeping In
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was down by 0.81% to 3,665.52. Hong Kong’s Hang Seng Index was Down about 0.34% to 30,548.57.
Japan’s benchmark Nikkei average Nikkei 225 is trading up 0.46 per cent at 30,156.50 on Monday, while the broader TOPIX 100 rose 0.39 per cent to 1,267.97. South Korea’s Kospi was down by 0.90% to 3079.62.
TECHNICAL INDICATORS - KOSPI
https://www.capitalstreetfx.com/en/asian-stocks-down-with-yield-worries-creeping-in/
#ShanghaiComposite #HengSeng #Nikkei225 #Topix100 #Kospi #AsiaPacific #IndoPacific #Asx200 #Shenzhencomponent #Covid #Australia #China #japan #Korea
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was down by 0.81% to 3,665.52. Hong Kong’s Hang Seng Index was Down about 0.34% to 30,548.57.
Japan’s benchmark Nikkei average Nikkei 225 is trading up 0.46 per cent at 30,156.50 on Monday, while the broader TOPIX 100 rose 0.39 per cent to 1,267.97. South Korea’s Kospi was down by 0.90% to 3079.62.
TECHNICAL INDICATORS - KOSPI
https://www.capitalstreetfx.com/en/asian-stocks-down-with-yield-worries-creeping-in/
#ShanghaiComposite #HengSeng #Nikkei225 #Topix100 #Kospi #AsiaPacific #IndoPacific #Asx200 #Shenzhencomponent #Covid #Australia #China #japan #Korea
Capital Street FX
Asian Stocks Down, With Yield Worries Creeping In - Capital Street FX
Asia Pacific stocks were mostly down on Monday morning, giving up earlier gains even as global COVID-19 vaccine programs advance and optimism continues to grow for an economic recovery. Japan’s Nikkei 225 were up 0.26%.South Korea’s KOSPI edged down 0.16%…
Asian stocks edge higher, led by rally in commodities
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was down by 0.25% to 3,634.52. Hong Kong’s Hang Seng Index was up about 1.05% to 30,634.57.
Japan’s benchmark Nikkei average Nikkei 225 is trading up 0.46 per cent at 30,156.50 on Tuesday, while the broader TOPIX 100 rose 0.39 per cent to 1,267.97. South Korea’s Kospi was down by 0.16% to 3074.62.
TECHNICAL INDICATORS - Kospi
https://www.capitalstreetfx.com/en/asian-stocks-edge-higher-led-by-rally-in-commodities/
#ShanghaiComposite #HengSeng #Nikkei225 #Topix100 #Kospi #AsiaPacific #IndoPacific #Asx200 #Shenzhencomponent #Covid #Australia #China #japan #Korea
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was down by 0.25% to 3,634.52. Hong Kong’s Hang Seng Index was up about 1.05% to 30,634.57.
Japan’s benchmark Nikkei average Nikkei 225 is trading up 0.46 per cent at 30,156.50 on Tuesday, while the broader TOPIX 100 rose 0.39 per cent to 1,267.97. South Korea’s Kospi was down by 0.16% to 3074.62.
TECHNICAL INDICATORS - Kospi
https://www.capitalstreetfx.com/en/asian-stocks-edge-higher-led-by-rally-in-commodities/
#ShanghaiComposite #HengSeng #Nikkei225 #Topix100 #Kospi #AsiaPacific #IndoPacific #Asx200 #Shenzhencomponent #Covid #Australia #China #japan #Korea
Capital Street FX
Asian stocks edge higher, led by rally in commodities - Capital Street FX
Asian stocks rebounded from two-week lows struck on Tuesday as rising commodity prices boosted market expectations of an improved growth outlook, a day after rising U.S. Treasury yields and inflation prospects hit U.S. tech shares. MSCI’s broadest index of…