Share and Dollar growth, during the Asian trade session - market wrap

Asian markets are on the rise, despite the weak start of the week in the US. Yesterday we saw a decline in US stocks mainly due to poor financial reports in the technology and industrial sectors. During the Asian session, the dollar managed to keep its holdings while the NZD declined due to uncertainty in the country.

Japan's Nikkei has grown for the 15th consecutive time and has passed over the 1996 peak. Hong Kong shares are down, and the euro remains under pressure against the backdrop of the Catalan riots and Mariano Rahoy's decision to trigger Article 155 of the Spanish Constitution. US futures were greenish against the backdrop of positivism in Asia, with SP500 trading 0.15%, Dow Jones 0.23% and Nasdaq 0.16%.

Gold is trading slightly higher than yesterday, against the backdrop of increased caution brought about by the financial statements that will continue to be released during the week.

In China, all eyes are on President Xi Jinping, and more specifically on his succession plan after the end of the Party Congress on Wednesday.

Source: Bloomberg Pro Terminal

Jr Trader Petar Milanov

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