www.varchev.com

Asian markets indicate a mixed start in the session before the holidays

Rating:

12345
Loading...

Asian markets are expected to launch mixed, with volumes remaining extremely low. Investors are already preparing for the holidays. Currencies remain little changed as the Asian session enters.

Japan's futures are trading higher and in Hong Kong they are almost flat. Australian markets are trading down. The futures of the S & P500 are also trading poorly. The yield curve has been rising at its steepest pace for more than a year, showing at what rate the recession worries simply evaporate.

Elsewhere, oil stays declining, on track to wipe out its entire weekly growth. The pound remains stable after its worst weekly decline of more than 2 years amid concerns that the EU and the UK will have difficulties in reaching a trade deal in 2020.

The Nikkei 225 is up about 0.3%. ASX200 is down 0.1%, Hang Seng remains flat.

The Japanese yen is trading at 109.47, the offshore yuan at 7.0005, the euro at 1.1078 and the British pound at 1.3000.

Oil is down about 0.1% and gold is down 0.2%.

Source: Bloomberg Finance L.P.

Graphs: Used with permission of Bloomberg Finance L.P.


 Trader Martin Nikolov

Read more:

RECCOMEND WAS THIS POST USEFUL FOR YOU?
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance

London


25 Canada Square, Level 33, office 50, Canary Wharf London, E14 5LQ +44 20 3608 6256

Universal numbers

World Financial Markets - 0700 17 600    Varchev Exchange - 0700 115 44

Varchev Finance Ltd is registered in the FCA (FINANCIAL CONDUCT AUTHORITY) with a passport in the United Kingdom: FCA, United Kingdom - registration number: 494 045, which allows provision of financial services in the United Kingdom.

Varchev Finance Ltd strictly comply with the statutes of the European directive MiFID (Markets in Financial Instruments). targeting increased efficiency, transparency and uniformity of financial instruments.
Varchev Finance Ltd is authorized and regulated by the Financial Supervision Commission - Sofia, Bulgaria: License number RG-03-02-05 / 15.03.2006

The information on this site is not intended for distribution or use by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.


Disclaimer:

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 63,41% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

chat with dealer
chat with dealer
Cookies policy