The market in Asia will open higher - Expected low liquidity

16.09.2016 / 02:01

Rating:

The Asian markets will open higher today 16.09.2016, following the markets in Europe and USD.

The Australian ASX 200 is expected to open around 5282 with 43 points up. The Japan's Nikkei 225 with 70 points up at 16471.

Today during the Asian session we are expecting low liquidity as the Markets in China, Malaysia, South Korea and Taiwan will be closed today.

It is possible that as we get closer to the meetings of the FED and BOJ at 21 September 2016 will start to influence the markets and we might see profit taking and moves lower. Many traders are starting to sure up their positions in the pair USD/JPY, in anticipation of the Central Banks meetings.

Today the economic calendar is really poor as the only news is the RBNZ offshore Holdings from NZD at 06:00am, but this data will have very limited impact on the markets.

More stable Oil price is positive for the stocks, as it trades at around $43.60 per barrel.

Varchev Traders

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

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.

The market in Asia will open higher - Expected low liquidity

London

Universal numbers