Asian markets will open slightly higher

Indices in Asia will open slightly higher, after the European session closed lower. The markets shifted direction and fell, after the news that a new test of a ballistic missile was launched by North Korea. If the negative sentiment overshadows the markets, we may see lower prices of the indices.

The Australian dollar fell, after the RBA left the rate unchanged at 1.5% and it did not give any signal of when investors can expect a hike. The USD was a notch firmer. The Euro was slightly lower, but probably this is only a correction and consolidation, after it was not able to break 1.14. Gold fell down to $1218, not only due to the stronger dollar.The price of Oil traded higher to $47.35, after it bounced from the bottom of $42.00 per barrel. More analysts think that the price of Oil will start to go up in the second part of the year. If the JPY becomes stronger, we may see lower prices for the riskier currencies and growth of the Nikkei.

Nikkei will open around 20,060, as for the ASX 200 will open around 5,785

Trader - S. Fuchedzhiev

Read more:

• And for all the bounty hunters: Iran offers $80m for the head of Donald Trump
• US service member and 2 US Defense Dept contractors killed in Kenya attack
• Iranian Quds leader Qasem Soleimani has been killed – how are markets reacting
• A calm end of an otherwise loud 2019
• Old but Gold – Top 5 posts of Varchev Finance