Asian Markets to open slightly lower

The Asian markets to open most likely lower, after the negative sentiment during the US session on Friday. The indices closed in positive territory, however were traded lower for the most of the US session.The difference in the language of the FED, now that it is possible to raise rates much sooner than expected due to better than expected US data, effected the indices and stocks negatively. This sentiment can remain for this week as well.

The dollar got stronger with falling indices and moved up against all of its rivals. The price of Gold fell slightly. The price of Oil remained unchanged, as it was supported by the troubles in Canada and Africa. Investors will be cautions this week, based on the following news;Better  data for the economy of Japan, Problems with the credit in China and FED's more hawkish tone that may raise interest rates. This week there will be news from Greece as well and the situation with their credit line from EU.

Australian SPI futures in positive territory before the open with 0,1%, as for the futures for the Nikkei are down by  -0,18%.

Read more:

• Economic calendar for the European and American trade sessions 17.05.2018
• Australia – Unemployment rate above expectations 5.6% vs 5.5%
• CAD is the only currency in G-10 with positive quarter against USD
• UK – Halifax house prices below expectations -3.1% vs -0.2%
• Economic calendar for the European and American trade sessions 07.05.2018