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 hit record high, as earnings, stimulus boost recovery hopes
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 1.48% to 3,656.74. Hong Kong’s Hang Seng Index was up about 1.51% to 29,923.25.
Japan’s benchmark Nikkei average. Nikkei 225 is trading up 0.19 per cent at 29,565.50 on Wednesday, while the broader TOPIX 100 rose 0.48 per cent to 1,254.29. South Korea’s Kospi was up by 0.52% to 3100.67.
TECHNICAL INDICATORS - NIKKEI 225
Checkout the full Artiles
https://www.capitalstreetfx.com/en/asian-stocks-hit-record-high-as-earnings-stimulus-boost-recovery-hopes/
#ShanghaiComposite #HangSeng #Nikkei225 #Nikkei #Topix100 #Kospi #AsiaPacific #IndoPacific #AsianStockAnalysis #AsianMarketAnalysis
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was up by 1.48% to 3,656.74. Hong Kong’s Hang Seng Index was up about 1.51% to 29,923.25.
Japan’s benchmark Nikkei average. Nikkei 225 is trading up 0.19 per cent at 29,565.50 on Wednesday, while the broader TOPIX 100 rose 0.48 per cent to 1,254.29. South Korea’s Kospi was up by 0.52% to 3100.67.
TECHNICAL INDICATORS - NIKKEI 225
Checkout the full Artiles
https://www.capitalstreetfx.com/en/asian-stocks-hit-record-high-as-earnings-stimulus-boost-recovery-hopes/
#ShanghaiComposite #HangSeng #Nikkei225 #Nikkei #Topix100 #Kospi #AsiaPacific #IndoPacific #AsianStockAnalysis #AsianMarketAnalysis
Capital Street FX
Asian stocks hit record high, as earnings, stimulus boost recovery hopes - Capital Street FX
Asian stocks hit a record high on Wednesday, as upbeat earnings, hopes of a large U.S. fiscal stimulus and progress in vaccinations fanned optimism about a global recovery from the pandemic. MSCI’s ex-Japan Asian shares index rose 0.8%, rising above its January…
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…
Asian Stocks Down, Despite Fed’s Dovish Tune
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was down by 1.97% to 3,563.26. Hong Kong’s Hang Seng Index was down about 2.97% to 29,761.57.
Japan’s benchmark Nikkei average Nikkei 225 is trading down 1.61 per cent at 29,671.50 on Wednesday, while the broader TOPIX 100 fell 1.91 per cent to 1,243.35. South Korea’s Kospi was down by 2.46% to 2994.62.
TECHNICAL INDICATORS KOSPI:-
Checkout the link to read full article
https://www.capitalstreetfx.com/en/asian-stocks-down-despite-feds-dovish-tune/
#ShanghaiComposite #Shenzhencomponent #HangSeng #Nikkei225 #Kospi #Asx200 #Topix100 #AsiaPacific #IndoPacific
Mainland Chinese stocks were up by the early morning. The Shanghai Composite was down by 1.97% to 3,563.26. Hong Kong’s Hang Seng Index was down about 2.97% to 29,761.57.
Japan’s benchmark Nikkei average Nikkei 225 is trading down 1.61 per cent at 29,671.50 on Wednesday, while the broader TOPIX 100 fell 1.91 per cent to 1,243.35. South Korea’s Kospi was down by 2.46% to 2994.62.
TECHNICAL INDICATORS KOSPI:-
Checkout the link to read full article
https://www.capitalstreetfx.com/en/asian-stocks-down-despite-feds-dovish-tune/
#ShanghaiComposite #Shenzhencomponent #HangSeng #Nikkei225 #Kospi #Asx200 #Topix100 #AsiaPacific #IndoPacific
Capital Street FX
Asian Stocks Down, Despite Fed’s Dovish Tune - Capital Street FX
Asia Pacific stocks were down Wednesday morning, even as Treasury yields steadied and the U.S. Federal Reserve pledged continued support for the U.S. economic recovery from COVID-19. Japan’s Nikkei 225 fell 0.93% by 10:29 PM ET (3:29 AM GMT) as markets re…
Asian markets roiled by global bond whiplash
Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 1.96% to 3515.73. Hong Kong’s Hang Seng Index was down about 3.14% to 29,123.81.
Japan’s benchmark Nikkei average Nikkei 225 is trading down 3.99 per cent at 28,966 on Friday, while the broader TOPIX 100 fell 3.37 per cent to 1,218.35. South Korea’s Kospi was down by 2.77% to 3013.62.
TECHNICAL INDICATORS - KOSPI
Checkout the link to read full article
https://www.capitalstreetfx.com/en/asian-markets-roiled-by-global-bond-whiplash/
#ShanghaiComposite #HengSeng #Shenzhencomponent #Nikkei225 #Topix100
Mainland Chinese stocks were down by the early morning. The Shanghai Composite was down by 1.96% to 3515.73. Hong Kong’s Hang Seng Index was down about 3.14% to 29,123.81.
Japan’s benchmark Nikkei average Nikkei 225 is trading down 3.99 per cent at 28,966 on Friday, while the broader TOPIX 100 fell 3.37 per cent to 1,218.35. South Korea’s Kospi was down by 2.77% to 3013.62.
TECHNICAL INDICATORS - KOSPI
Checkout the link to read full article
https://www.capitalstreetfx.com/en/asian-markets-roiled-by-global-bond-whiplash/
#ShanghaiComposite #HengSeng #Shenzhencomponent #Nikkei225 #Topix100
Capital Street FX
Asian markets roiled by global bond whiplash - Capital Street FX
Asian stocks fell by the most in nine months on Friday as a rout in global bond markets sent yields flying and spooked investors amid fears the heavy losses suffered could trigger distressed selling in other assets. MSCI’s broadest index of Asia-Pacific shares…