Asia: Most of the major Asian markets closed in the red today. Decreases were led by NIKKEI 225 (-253.27 points, -1.18%, 21,243 close), followed by Shanghai (-32.82 points, -1.07%, 3,027 close). Hang Seng was down this Wednesday as well (-101.92 points, -0.35%, 28,818 close). KOSPI and ASX200 both posted losses for the day (-5.81 points, […]
Canada has been selling off most of its remaining gold reserves to the general public. They have been selling gold coins and reaping better prices than dumping 400-ounce bars to bankers. The figures from the Bank of Canada and Finance Department show that the country held 77 ounces at the end of February. They sold over […]
Asia: Most of the major Asian markets closed in the green today. Increases were led by NIKKEI 225 (+378.60 points, +1.79%, 21,504 close), followed by Hang Seng (+417.57 points, +1.47%, 28,921 close). SENSEX and Shanghai increased +481.56 points (+1.30%, 37,536 close) and +33.31 points (+1.1%, 3,060 close) respectfully. KOSPI also increased +19.08 points (+0.89%, 2,157 […]
Asia: A mixed day for the major Asian stock markets; Shanghai led the way after adding 57.13 points (+1.92%, 3027 close), followed by SENSEX (+382.67 points, +1.04%, 37,054 close). Hang Seng and NIKKEI 225 increased 274.88 points (+0.97%, 28,503 close) and 103.16 points (+0.49%, 21,122 close) respectfully. HOSPI and ASX200 took the opposite route, losing […]
Asia: A down day for all the major Asian stock markets due to the weak China trade data. Chinese exports for the month of February decreased from 9.1% to -20.7%. This was the biggest fall in three years. Imports also fell 5.2% in the world’s second largest economy. Chinese stocks had a biggest daily loss […]
Asia: President Trump says he is optimistic that a landmark trade deal with China is near completion, however, reports suggest that Chinese officials do not feel the same. The latest news with Huawei suing the US over a product ban does not help the overall situation. A mixed day for Asian stocks: Shanghai rose 5 […]
Asia: Another positive day for Chinese stocks. The Shanghai Composite added 47 points (1.54%) to 3101, the highest closing since June 7th 2018. The SENSEX increased 190 points (0.52%) to 36633, Hang Seng and ASX200 rose 76 points (0.26%) to 29,038 and 46.3 points (0.75%) to 6,246 respectfully. However, both the NIKKEI 225 and KOSPI […]
Asia: China’s Premier Li Keqiang stated that China will face a graver and more complicated environment as well as risks and challenges that are greater in both number and size (in the coming future). He also reduced GDP growth expectation for 2019 from around 6.5% last year to 6%-6.5% this year. A 2 trillion (CNY) […]
Asia: China has accused two Canadian’s of spying in what seems as to be retaliation of the extradition of Huawei executive to the US. Tensions seems to be escalating between the two countries. Huawei Meng Wanzhou, in turn, sued Canada for violation of human rights. Ironically, there are now hopes for a conclusion to the […]
Asia: Stocks were boosted amid renewed hopes that a US and China trade deal will finally be resolved in the coming weeks. Some analysts are pointing their fingers at President Trump, stating that the deal was meant to be helping Americans, instead it is seen to be bringing fear to many businesses worried about importing […]
