Categories: Finance

Asian Markets Joint Buying and Selling Nasdaq

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(RTTNews) – Asian equities markets were trading mixed on Tuesday following mixed signals from Wall Boulevard overnight, as investors appeared reluctant to make significant moves ahead of key US inflation data last week, which could lift expectations. It is believed that a recession in the presence of annual price increases could impact the outlook for interest rates. Asian markets closed with the biggest decline on Monday.

Buyers also waited for United States Fed Chairman Jerome Powell’s congressional testimony last week for guidance.

The Australian accumulation market is trading significantly higher on Tuesday, following mixed signals from Wall Boulevard overnight, recouping one of the most significant losses in the last two sessions. The benchmark S&P/ASX 200 is rising above the 7,800 level with gains in most sectors led by iron ore miners, energy and monetary shares.

The benchmark S&P/ASX 200 index rose 54.30 points, or 0.70 percent, to 7,817.50, later hitting a high of 7,829.30. The broader All Ordinaries index rose 51.40 points, or 0.64 percent, at 8,063.60. Australian shares closed with significant losses on Monday.

Some of the major miners, with BHP staff adding nearly 1 percent and Mineral Resources advancing nearly 2 percent, pace Rio Tinto and Fortescue Metals each rising more than 1 percent.

Oil stocks are generally higher. Woodside Power and Beginning Power are increasing by 0.5%, Santos’ Speed ​​is increasing by approximately 1%. The coastal power is flat.

Among tech stocks, Appen is rising more than 1 percent, with SpeedWiseTech World and Zip adding about 1 percent. Afterpay Proprietor Cancel is falling more than 1% and Xero is down 0.2%. Gold miners are united. With Gold Street Sources off 0.5% and Resolute Mining falling more than 2%, Speed ​​Northern big name Sources, Newmont and Evolution Mining are up 0.1 to 0.4%.

Some of the big four banks, Commonwealth Deposit and ANZ Banking are rising by almost 1%, Westpac is rising more than 1% and National Australia Deposit is rising 0.5%.

The Australian dollar is trading at $0.674 in the currency market on Tuesday.

Recovering losses over the past two sessions, the Eastern Stock market is up sharply on Tuesday, with the Nikkei 225 gaining more than 600 points well above the 41,300 level, following mixed signals from Wall Street overnight. -Overnight gains in index heavyweights and generation stocks were partially offset by dislocations in automakers and monetary stocks.

The benchmark Nikkei 225 index closed 606.10 points or 1.49 percent higher at 41,386.80 in the morning session, before hitting a peak of 39,929.67 later. Shares of Jaap closed with a slight decline on Monday.

Marketplace heavyweight SoftBank Staff is rising more than 1% and Uniqlo operator Rapid Retailing is adding nearly 2%. Among automakers, Honda is falling 1.5 percent and Toyota is falling more than 1 percent.

In the tech sector, Advantest and Display Holdings are gaining more than 2 percent, with Tokyo Electron gaining nearly 3 percent.

In the banking sector, Mitsubishi UFJ Financial and Mizuho Financial are each falling more than 1 percent, pace Sumitomo Mitsui Financial’s decline of about 1 percent.

The most important exporters are United. Panasonic is falling more than 1 percent and Mitsubishi Electric is down about 1 percent, with Sony on pace to rise about 3 percent and Canon rising about 1 percent.

Some of the alternative primary gainers were Fujikura rising more than 8%, Rezonac Holdings rising nearly 6%, Hitachi rising nearly 4% and Furukawa Electric rising more than 3%.

Conversely, there are no alternative primary losers.

In financial information, M2 cash accumulation in Japan was 1.5 percent higher in June from a year earlier, Japan’s Deposit Bureau said on Tuesday – coming in at 1,257.5 trillion yen. That was a 2.0 percent gain in May and below expectations of a 1.9 percent gain. M3 cash accumulation rose 1.0 percent annualized to 1,610.0 trillion yen, down from 1.3 percent earlier.

l Cash reserves rose 3.0% to 2,178.5 trillion yen, down 3.3% from the previous year. For Q2 2024, M2 was up 1.8% on the previous, M3 was up 1.3% on the previous and L was up 3.0% on the previous.

In the currency market, the US dollar is trading in the upper JPY-160 range on Tuesday.

Elsewhere in Asia, Singapore, South Korea, Malaysia and Indonesia are up between 0.1 and minus.4%, with unpopulated New Zealand, China, Hong Kong and Taiwan down between 0.1 and minus.7%.

On Wall Boulevard, stocks finished mixed on Monday, after a slightly lower start to a fairly strong one. Some primary averages, the Nasdaq and the S&P 500, hit record highs, sending the Dow into negative territory. Optimism regarding the outlook for stocks aided by interest rates in the last session

The Dow lost 31.08 points, or 0.08%, to 39,344.79. The S&P 500 rose 5.66 points, or 0.1 percent, to close at 5,572.85, with the Nasdaq rising 50.98 points, or 0.28 percent, to 18,403.74.

Major ECU markets also posted losses in the event. The UK’s FTSE 100 closed down 0.13%, France’s CAC 40 closed down 0.63%, and Germany’s DAX closed down 0.02%.

Crude oil prices fell on Monday after Hurricane Beryl forced the closure of some oil export facilities, such as those in Houston. West Texas Intermediate crude oil futures for August settled at $82.33 a barrel, down $0.83 or 1%.

The views and evaluations expressed herein are the views and evaluations of the manufacturer and do not necessarily reflect those of Nasdaq, Inc. Do not reflect the views of.

This post was published on 07/08/2024 8:26 pm

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