Market Analysis — Kospi
Nikkei jumps on Yen slide ahead of elections
Posted by ProTradingIndicators on
Politics was at the forefront of market movements on Thursday, dividing stock performance in Asia with Japanese shares getting an advance from expectations for possible new leaders to push for easing policies, while China’s leadership change did little to boost …
- Tags: Asian Market News, Hang Seng, Kospi, News & Market Analysis, Nikkei, Shanghai Composite Index, USDJPY
Better China PMI data provides support for Asia markets
Posted by ProTradingIndicators on
China’s purchasing managers’ index stood at 50.2 in October, 0.4 points better than in September, according to official data. This gave markets confidence that China’s economy is on a slow but steady growth. The data was largely welcomed by the …