Monday, November 13, 2017

China and Australia index fell. Japan and Korea have a rest

China and Australia index fell. Japan and Korea have a rest

In
Tuesday in Asia Pacific
the basic tone of the market defined by the solution
Reserve Bank of Australia in the second
time this year to reduce interest
bet - this time up to 2%. Australian
dollar on the news at first fell to
$ 0.7795, but quickly bounced
to the two-day high against
US counterpart - 0.7898.


"Rate
RBA is fully in line with expectations
market, but management representations
the regulator was more optimistic,
than expected. Not received a
a hint of further easing
monetary policy. price
movement in response have been very volatile,
but investors will soon be determined with the general
direction ", - says market strategist
IG Stan victor sheymov in a note
for clients.


markets
Japan, South Korea and Thailand today
closed on holidays.


  • S P / ASX
    200

    decreased
    0.2%. Australian Index slid
    in negative territory - and this
    after the announcement of the reduction of
    RBA rate soared to 1.1%! Bank
    traded sector is ambiguous: National
    Australia Bank closed down to 0.3%,
    Westpac
    continues
    lose ground after the release of disappointing
    Reporting: minus 1.2%. But Australia and New
    Zealand Banking Group - by contrast, jumped
    2.7% reported strong statements.


    Main
    contribution to reducing the national index
    He introduced the resource sector: the main "miners"
    country (and the world), BHP
    Billiton and
    Rio
    Tinto, lost
    2.4% and 0.7% respectively.



  • Shanghai
    Composite
    showed
    very impressive decline, the fastest
    over the past 4 months. Today, the Chinese
    index dropped to 4.06%, a two-week
    minimum. Experts say that the market
    Liquidity reached peak and perhaps
    It needs to be corrected. "Rally, which
    we have seen, it is due to excess
    liquidity due to strengthening of trade
    on the southern direction and through
    the decisions of the People's Bank of China ", -
    CNBC says agency
    Sam
    Le Cornu, head of Macquarie Asset
    Management.


    Stronger
    all "sunk" banking stocks
    sector. Major Chinese lenders
    - China
    Comstruction Bank, Bank of China and
    Bank
    of Communications lost
    almost 5% each.



  • Hang Seng
    at
    Hong Kong lost 1.31%. Today was
    released casino accounts. Data
    were downbeat revenue from Macau
    gambling fell in April to 38.8% in
    annual basis, for 11 months
    successive decreasing. Sands
    China, Melco Crown lost
    0.8% and 1.1% respectively. HSBC
    decreased
    1%, also showing poor reporting
    for the first quarter.






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