#Asia Pacific stocks were mostly down on Friday morning, with investors digesting disappointing jobs data and weighing the likelihood of the latest stimulus measures being passed by the U.S. Congress. The Shanghai composite is down 1.12% at 3,335.55. Overall, the Singapore MSCI up 0.03% at 321.30. Over in Hong Kong, the Hang Seng Index up by 0.54% to 26,556. In Japan, the Nikkei 225 down 0.34% at 26,620, while the Topix index was up 0.62% to 1779.5. South Korea’s Kospi up 0.94% to 2771.72. Australia S&P/ASX 200 down 0.61% to 6642.



#European equities Thursday closing. The DAX futures contract in Germany traded 0.33% down at 13295.73, CAC 40 futures in up 0.05% at 5549.7 and the UK 100 futures contract in the U.K. up 0.54% at 6,599.8.



In U.S. on Wall Street, the Dow Jones Industrial Average closed down 0.23% to 29999.3 the S&P 500 down 0.13% to 3645.2 and the Nasdaq 100 up 0.30% at 12401.7, NYSE closes at 14290.92 up 0.14%.



In the Forex market, #GBPUSD up 0.20% at 1.33147. The USDJPY down 0.18% at 104.033. The USDCHF down 0.08% at 0.88539. EURUSD up 0.19% at 1.21567, EUR/GBP up 0.04% at 0.9130. The USD/CNY down 0.07% at 6.5386, at the time of writing.



In the commodity market U.S. Gold futures down 0.05% at $1,835. Elsewhere, Silver futures down 0.24% to $23.896 per ounce, Platinum down 0.19% at $1025.0 per ounce, and Palladium up 0.79% to $2,362.00.



#Crude Oil down on Friday, Brent crude oil down 0.42% to $50.16 a barrel while U.S. West Texas Intermediate (CLc1) is up 1.62% at $47.14.



In the Cryptocurrency Markets, #BTCUSD at 17922.03 down 1.79%, Ethereum at 545.05 down 2.34%, Litecoin at 71.84 down 3.93%, at the time of writing.

Asian Stocks Down, Follows Rout in U.S. Shares as Valuations Concerns Continue

Asia Pacific stocks were down on Thursday morning, extending their decline from the previous week’s record highs as concerns about valuations added to disappointing earnings from companies like Tesla, Starbucks and Boeing

Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 1.59% to 3,516.48. Hong Kong’s Hang Seng Index was down about 2.07% to 29,692.00.

Japan’s benchmark Nikkei average. Nikkei 225 is trading down 1.65 per cent at 28,153.50 on Thursday, while the broader TOPIX 100 fell 1.48 per cent to 1,190.80. South Korea’s Kospi was down by 1.68% to 3070.73.

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#Asia-Pacific #IndoPacific #Nikkei #HengSeng #ShanghaiComposite #Topix100 #Kospi #TechnicalAnalysis #TradeAnalysis #FundamentalAnalysis #StockAnalysis #DailyMarketReport

https://www.capitalstreetfx.com/en/asian-stocks-down-follows-rout-in-u-s-shares-as-valuations-concerns-continue/