Asian Markets Mostly Rebound

RTTNews | Pred 170 dňami

(RTTNews) - Asian markets mostly staged a smart rebound on Tuesday after a massive sell-off a day earlier. Japanese markets that were closed on Monday however traded in negative territory.

China's Shanghai Composite Index jumped 2.5 percent to finish trading at 3,240.94. The day's trading ranged between 3,245.22 and 3,159.43. The Shenzhen Component Index closed 3.8 percent higher at 10,165.17. The gain is attributed to reports of a gradual hike in tariffs by the incoming U.S. administration.

The Japanese benchmark Nikkei 225 slipped 716 points or 1.83 percent to close at 38,474.30. The day's trading range was between 39,054.35 and 38,305.91. M3 gained 3.2 percent. Pacific Metals Co, Konica Minolta, Aeon Co and Idemitsu Kosan Co, all gained more than 2 percent.

Semiconductor business Advantest Corp slipped 9.2 percent. Fujitsu and Furukawa Electric Co both declined close to 5 percent. Lasertec Corp and Sapporo Holdings, both erased more than 5 percent.

The Hang Seng Index of the Hong Kong Stock Exchange rallied 346 points or 1.8 percent from the previous close to finish trading at 19,219.78. The day's trading range was between a high of 19,318.36 and a low of 18,901.56.

Korean Stock Exchange's Kospi Index gained 8 points or 0.31 percent to close trading at 2,497.40. The day's trading range was between 2,482.74 and 2,504.89.

Australia's S&P/ASX200 closed trading at 8,231.00, adding 39 points or 0.48 percent from the previous close of 8,191.90. The day's trading range was between 8,191.90 and 8,253.80.

Ingenia Communities Group topped gains with a surge of more than 15 percent following an upward revision to earnings guidance. Casino operator The Star Entertainment Group extended gains with a rally of 12 percent. Whitehaven Coal and Tabcorp holdings added more than 6 percent followed by Johns Lyng Group that rallied a tad below 6 percent.

Software business Life360 extended losses with a decline of close to 4 percent. West African Resources and Qantas Airways, both declined more than 2 percent. Pinnacle Investment Management Group and Eagers Automotive lost more than 1 percent.

The NZX 50 of the New Zealand Stock Exchange rallied 57 points or 0.44 percent to close trading at 12,884.38, versus the previous close of 12,827.33. Trading ranged between 12,795.82 and 12,895.47.

EROAD, KMD Brands and Mercury NZ rallied more than 2 percent. Fisher & Paykel Healthcare as well as Sanford followed with gains of more than 1.8 percent. Serko and Sky Network Television, both declined more than 25 percent. Meridian Energy, Vista Group International as well as Restaurant Brands New Zealand declined more than a percent.

Wall Street had closed on a mixed note on Monday amidst interest rate worries, rising bond yields and anxiety ahead of Wednesday's CPI update. The Dow Jones Industrial Average rallied 0.86 percent to finish trading at 42,297.12. The Nasdaq Composite however slipped 0.38 percent to close trading at 19,088.10.

Japan Household Spending Data Due On Friday

Japan will on Friday release May figures for household spending, highlighting a light day for Asia-Pacific economic activity. Spending is expected to rise 0.4 percent on month and 1.3 percent on year after slipping 1.8 percent on month and 0.1 percent on year in April.

RTTNews | Pred 37 minútami

U.S. Dollar Higher After Strong Jobs Data

The U.S. dollar was higher against its major counterparts in the New York session on Thursday, following the release of strong jobs data for June.

RTTNews | Pred 3 h 19 min

Swiss Market Ends Slightly Weak

After swinging between gains and losses in somewhat lackluster trade, the Switzerland market closed marginally down on Thursday as investors awaited fresh news on the trade front, while digesting some crucial economic data from the region.

RTTNews | Pred 4 h 38 min

European Stocks Close Mostly Higher

European stocks closed higher on Thursday on selective buying as investors focused on trade negotiations and digested regional economic data. Data showing stronger than expected U.S. non-farm payroll employment, and receding concerns about the political situation in the UK helped underpin sentiment.

RTTNews | Pred 4 h 53 min

Canadian Market Modestly Higher At Noon

The Canadian market is up firmly in positive territory Thursday morning, led by gains in technology, consumer staples and financials sectors. The undertone is firm after data showed U.S. non-farm payroll employment increased more than expected in the month of June.

RTTNews | Pred 6 h 37 min

U.S. Factory Orders Spike In Line With Estimates In May

New orders for U.S. manufactured goods saw a substantial rebound in the month of May, according to a report released by the Commerce Department on Thursday. The Commerce Department factory orders spiked by 8.2 percent in May after plunging by a revised 3.9 percent in April. The sharp increase matched economist estimates.

RTTNews | Pred 7 h 40 min

U.S. Service Sector Returns To Growth In June

After reporting a slight contraction in U.S. service sector activity in the previous month, the Institute for Supply Management released a report on Thursday showing the service sector returned to growth in the month of June. The ISM said its services PMI rose to 50.8 in June from 49.9 in May, with a reading above 50 indicating growth. Economists had expected the index to inch up to 50.5.

RTTNews | Pred 8 h 9 min

U.S. Trade Deficit Widens In May As Exports Slump

A report released by the Commerce Department on Thursday showed the U.S. trade deficit widened in the month of May amid a steep drop by the value of exports. The Commerce Department said the trade deficit climbed to $71.5 billion in May from a revised $60.3 billion in April. Economists had expected the trade deficit to increase to $71.0 billion.

RTTNews | Pred 8 h 27 min

EURUSD	1.17572	GBPUSD	1.36523	AUDUSD	0.6572
USDJPY	144.905	USDCAD	1.35854	USDCHF	0.79532

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Asian Markets Mostly Rebound