The Asian markets recorded terse rises today in a thin trading environment and low liquidity. The United States remained out of the game for this Memorial Day session. Government securities posted a rise.
Japan and Australia's Benchmarks managed to record growth for a second consecutive session, despite lower volumes due to the non-working US markets and Hong Kong-traded English stocks, which were also halted. Markets in China and South Korea have not changed significantly. Donald Trump's proclamation that the United States "is not ready" for a deal with China did not have the expected impact on the markets, with the Chinese yuan continuing to stabilize. 10 - year government securities reached their lowest value in October 2017.
Earlier, European stocks rose after the parliamentary elections. The pound sank below 1.27, as traders remained cautious about the election of Britain's next Prime Minister against the backdrop of Brexit Chaos. Italian bonds also fell after the news came out that the country could pay a fine of $ 4 billion for failing to cope with government debt.
Investors are looking for fresh traces of the global environment while commercial sparks continue to ricoche in markets, and softer economic data sheds global shadow growth. Trump does not give any indication of cooling relations with China, and during his visit to Japan, he said that "tariffs can rise very quickly and very easily."
WTI began recovery after last week's drops after the risks of production from Iran and Libya increased. This distracts oil from the trade war and the likelihood of demand hindering.
Source: Bloomberg Finance L.P.
Photo: Flickr
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