|Day's Range||27,101.10 - 27,450.84|
|52 Week Range||26,871.11 - 33,484.08|
It’s a big week ahead for the markets and things could unravel should U.S China trade talks disappoint and FED Chair Powell raise concerns…
The narrower loss of Chinese indexes ahead of U.S.-China trade talks is perhaps an indication of investors' optimism of improved trade relations, which could benefit these stocks.
While inflation numbers are due out of the Eurozone and Canada, it’s all eyes on the U.S Dollar, with the markets getting ready for U.S – China trade talks.
Asia markets closed mostly in positive territory on Friday following an update on the U.S.-China trade situation.
The Dollar slides early, with the Asian equity markets rebounding from heavy losses early as hopes of a U.S – China agreement on trade surface.
Asian shares slipped on Thursday, but pared steeper losses seen earlier amid positive developments in U.S.-China trade ties.
Xiaomi shares fell 5 percent on Wednesday, falling below its IPO price of $17. The close on Wednesday is an all-time low and represents a more than 24 percent slide from the company's record high share price. Many other Chinese stocks fell amid the continuing U.S.-China trade war.
The firm's shares closed at 16.30 Hong Kong dollars, below the 17.00 Hong Kong dollar price its stock had when it went public in July.
Inflation numbers out of the UK will need to jump to hit pause on the Pound’s demise, while U.S retail sales could influence a resurgent Dollar.
The game was launched in China on August 8. WeGame, the games distribution platform for Tencent, said on its website that the game was no longer available because its contents did not meet regulatory requirements. Tencent 700-HK shares in Hong Kong fell more than 3 percent on Tuesday morning after Chinese regulators stopped the tech giant from selling a blockbuster video game "Monster Hunter: World" on its distribution platform, WeGame.
Asian shares closed mixed on Tuesday, as some regional markets bounced back one day after declining over jitters related to economic uncertainty in Turkey.
This year has certainly not been a good year for Turkey's lira. Over the course of 2018, the lira has lost more than 40 percent against the dollar, mostly due to President Tayyip Erdogan's negative influence over the economy, including mounting debt issues and lower interest rates.
The Turkish Lira is on the slide again as the Asian markets respond to Friday’s late moves, risk appetite on the slide and the Yen and USD up early.
Asian markets closed lower on Monday as investor sentiment took a hit amid the renewed slump in the Turkish lira.
It’s a big day on the data front, with the GBP, the USD and the Loonie in focus, the Pound in dire need of some positive numbers to ease the pain.
The Dollar finds early support, while the Kiwi slumps on a broadcasted delay to a rate move until 2020. Trade war chatter remains in focus for the USD.
The China trade surplus sees a sharp narrowing as imports surge, with trade war chatter likely to influence, the economic calendar relatively quiet.
Following some disappointing stats out of Germany last week, today’s industrial production and trade figures could add more pressure on the EUR.
Asian stocks climbed on Tuesday, with markets in the region mostly finishing higher after U.S.-China trade jitters weighed on sentiment in the last session.
Hong Kong's stock market is welcoming a pair of new high-profile listings, but new blood this year has failed to boost investor sentiment dented by trade tensions between the United States and China. Mainland Chinese telecommunications infrastructure giant China Tower and cancer treatment developer BeiGene are debuting on the Hang Seng Index, which is down about 8 percent this year. A breakthrough in the trade fight could send stocks soaring.
HSBC said on Monday that reported profit before tax went up by 4.58 percent year-over-year to $10.71 billion in the six months of 2018. HSBC HSBA-GB , Europe's largest bank, made a comeback by beating estimates in its financial results for the first half of 2018 — following a surprise fall in profits in the first quarter. The bank said on Monday that reported profit before tax went up by 4.58 percent year-over-year to $10.71 billion in the first six months of 2018 — beating analyst estimates of $10.38 billion, according to data compiled by Reuters.