Asian Stocks Up, But Muted by Trump Threats Over Latest U.S. Stimulus Measures
Asia Pacific stocks were up on Wednesday morning, with gains muted after U.S. President Donald Trump said he is asking Congress to amend a COVID-19 bill passed by both the House of Representatives and the Senate on Monday.
Japan’s #Nikkei225 edged up 0.12%. The Bank of Japan released its October monetary policy meeting minutes earlier in the day, in which a member expressed concern that “deflation might take hold” if COVID-19 spreads again and pushes down economic activity, so this “possibly warranted attention” in guiding monetary policy.
South Korea’s #KOSPI rose 0.61%.
In Australia, the #ASX 200 gained 0.54%. The cluster of COVID-19 cases in Sydney’s Northern Beaches area grew to 97, and authorities extended the current lockdown will be extended over the Christmas holidays to curb the spread of the virus in the city.
Decisions on the lockdown in terms of New Year’s Eve celebrations and upcoming sporting events will be made after Christmas, New South Wales state Premier Gladys Berejiklian said.
Hong Kong’s #HangSeng Index inched up 0.07%. China’s Shanghai Composite was up 0.45% and the Shenzhen Component rose 0.72%.
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 0.85 % to 3,385.35. Hong Kong’s Hang Seng Index was up about 0.35% to 26,212.95.
Japan's benchmark Nikkei average. #Nikkei225 is trading down 0.36 percent at 26,435.00 on Wednesday, while the broader TOPIX 100 fell 0.17 percent to 1,141.77. South Korea’s Kospi was up by 0.97% to 2760.41.
KOSPI
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 64.969 2740.90 2759.21 2761.03 U=2834.2778
M=2720.5970
L=2606.9162 %K=71.3204
%D=74.5520
Comment Buying zone Price Below the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the Downside
Trend Bullish Bearish Bullish Bullish Bullish Bullish
Special
Notes The market is expected to move into Positive Territory. The Moving Averages 20 & 50 are below the price. The RSI suggests the market move on the Positive side.
Asia Pacific stocks were up on Wednesday morning, with gains muted after U.S. President Donald Trump said he is asking Congress to amend a COVID-19 bill passed by both the House of Representatives and the Senate on Monday.
Japan’s #Nikkei225 edged up 0.12%. The Bank of Japan released its October monetary policy meeting minutes earlier in the day, in which a member expressed concern that “deflation might take hold” if COVID-19 spreads again and pushes down economic activity, so this “possibly warranted attention” in guiding monetary policy.
South Korea’s #KOSPI rose 0.61%.
In Australia, the #ASX 200 gained 0.54%. The cluster of COVID-19 cases in Sydney’s Northern Beaches area grew to 97, and authorities extended the current lockdown will be extended over the Christmas holidays to curb the spread of the virus in the city.
Decisions on the lockdown in terms of New Year’s Eve celebrations and upcoming sporting events will be made after Christmas, New South Wales state Premier Gladys Berejiklian said.
Hong Kong’s #HangSeng Index inched up 0.07%. China’s Shanghai Composite was up 0.45% and the Shenzhen Component rose 0.72%.
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 0.85 % to 3,385.35. Hong Kong’s Hang Seng Index was up about 0.35% to 26,212.95.
Japan's benchmark Nikkei average. #Nikkei225 is trading down 0.36 percent at 26,435.00 on Wednesday, while the broader TOPIX 100 fell 0.17 percent to 1,141.77. South Korea’s Kospi was up by 0.97% to 2760.41.
KOSPI
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 64.969 2740.90 2759.21 2761.03 U=2834.2778
M=2720.5970
L=2606.9162 %K=71.3204
%D=74.5520
Comment Buying zone Price Below the moving average Price Above the moving average Price Above the moving average Price is Below UB
Price is Above MB
Price is above LB Crossover to the Downside
Trend Bullish Bearish Bullish Bullish Bullish Bullish
Special
Notes The market is expected to move into Positive Territory. The Moving Averages 20 & 50 are below the price. The RSI suggests the market move on the Positive side.
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 Up, Mostly Unperturbed by Chaos in Washington D.C.
Asia Pacific stocks were mostly up on Thursday morning, with a Democrat sweep in U.S. Senate runoff elections in Georgia seeming to override a tumultuous Wednesday in Washington D.C.
Japan’s Nikkei225 rose 1.84% by 9:51 PM ET (2:51 AM GMT). Japan is set to declare a fresh state of emergency for Tokyo and the neighboring Saitama, Kanagawa and Chiba prefectures later in the day. The state of emergency, which will take effect on Friday, is set to last until Feb. 7.
South Korea’s KOSPI jumped 2.20%.
In Australia, the #ASX 200 gained 1.76%. Prime Minister Scott Morrison said that the national cabinet will meet on Friday, a month ahead of schedule.
Hong Kong’s Hang Seng Index inched down 0.02%.
China’s Shanghai Composite edged up 0.17% while the Shenzhen Component was down 0.39%. Reports that the U.S. is considering adding #Alibaba Group Holding Ltd and #Tencent Holdings Ltd to a blacklist of Chinese companies allegedly owned or controlled by the Chinese military continue to ramp up tensions with China.
Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 0.34 % to 3,538.49. Hong Kong’s #Hang Seng Index was down about 0.41% to 27,575.50.
Japan's benchmark Nikkei average. #Nikkei 225 is trading up 1.48 percent at 27,456. on Thursday, while the broader #TOPIX 100 rose 1.78 percent to 1,188.61. South Korea’s Kospi was up by 2.47% to 3041.14.
#KOSPI
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 81.892 2963.64 2816.63 2633.47 U=3002.1024
M=2816.6350
L=2631.1676 %K=95.9469
%D=92.3282
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 Upside
Trend Over - Brought Bullish Bullish Bullish Bullish Bullish
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 up on Thursday morning, with a Democrat sweep in U.S. Senate runoff elections in Georgia seeming to override a tumultuous Wednesday in Washington D.C.
Japan’s Nikkei225 rose 1.84% by 9:51 PM ET (2:51 AM GMT). Japan is set to declare a fresh state of emergency for Tokyo and the neighboring Saitama, Kanagawa and Chiba prefectures later in the day. The state of emergency, which will take effect on Friday, is set to last until Feb. 7.
South Korea’s KOSPI jumped 2.20%.
In Australia, the #ASX 200 gained 1.76%. Prime Minister Scott Morrison said that the national cabinet will meet on Friday, a month ahead of schedule.
Hong Kong’s Hang Seng Index inched down 0.02%.
China’s Shanghai Composite edged up 0.17% while the Shenzhen Component was down 0.39%. Reports that the U.S. is considering adding #Alibaba Group Holding Ltd and #Tencent Holdings Ltd to a blacklist of Chinese companies allegedly owned or controlled by the Chinese military continue to ramp up tensions with China.
Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 0.34 % to 3,538.49. Hong Kong’s #Hang Seng Index was down about 0.41% to 27,575.50.
Japan's benchmark Nikkei average. #Nikkei 225 is trading up 1.48 percent at 27,456. on Thursday, while the broader #TOPIX 100 rose 1.78 percent to 1,188.61. South Korea’s Kospi was up by 2.47% to 3041.14.
#KOSPI
Indicator RSI MA (5) MA(20) MA (50) Bollinger
(U,M,L) Stochastic
Reading 81.892 2963.64 2816.63 2633.47 U=3002.1024
M=2816.6350
L=2631.1676 %K=95.9469
%D=92.3282
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 Upside
Trend Over - Brought Bullish Bullish Bullish Bullish Bullish
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.