Asian Stocks Mixed Ahead of US Jobs Report
February 6, 2014 1:20 pmVideo
Latest News
- Euro will return to parity April 12, 2024
- Trading Signals for ETH/USD (Ethereum) for April 12-15, 2024: buy above $3,435 (3/8 Murray – 200 EMA) April 12, 2024
- EUR/USD. Analysis for April 12th. The euro falls down under the pressure of the news background April 12, 2024
- GBP/USD. Analysis for April 12th. A significant event: the pound fell below the 25-figure April 12, 2024
- Trading Signals for EUR/USD for April 12-15, 2024: buy above 1.0620 (-2/8 Murray – rebound) April 12, 2024
- GBP/USD: trading plan for the US session on April 12th (analysis of morning deals). The pound followed the euro April 12, 2024
- EUR/USD: trading plan for the US session on April 12th (analysis of morning deals). The euro continues to fall April 12, 2024
- EUR/USD and GBP/USD: Technical analysis on April 12 April 12, 2024
- EUR/USD: Dovish signals from the ECB and rising PPI April 12, 2024
- EUR/USD. April 12th. ECB meeting: confidence in rate cut increased in June April 12, 2024
- GBP/USD. April 12th. British economy continues to stagnate April 12, 2024
- Analysis and trading tips for EUR/USD on April 12 (US session) April 12, 2024
- Analysis and trading tips for USD/JPY on April 12 (US session) April 12, 2024
- Analysis and trading tips for GBP/USD on April 12 (US session) April 12, 2024
- Weekly Forex Outlook: 12/04/2024 – More inflation data on the way as rate cut bets in disarray April 12, 2024
- Technical Analysis – GBPUSD ticks down to new 5-month low April 12, 2024
- Bitcoin holds above $70,000 as halving event looms – Crypto News April 12, 2024
- Week Ahead – More inflation data on the way as rate cut bets thrown into disarray April 12, 2024
- Bitcoin will thrive during supply crisis April 12, 2024
- Technical Analysis – EURUSD plummets after US CPI and ECB decision April 12, 2024
Shares in the Asian region advanced for a second day on Thursday as Australia reported an upbeat trade surplus on exports to China and comments from the deputy governor of the Bank of Japan (BoJ).
Market participants are looking forward to the release of the US unemployment and payroll reports tomorrow and the European Central Bank (ECB) decision on the monetary policy.
The Japanese Nikkei 225 index climbed 0.18% higher at 14,155.12 points, while Tokyo’s Topix index declined 0.02% lower, closing at 1,162.37 points. Hong Kong’s Hang Seng index climbed 0.60% to 21,395.19 points at the time of writing, while the Shanghai Stock Exchange closed for the Chinese New Year holiday. Korea’s benchmark Kospi index advanced 0.88% higher, closing at 1,907.89 points.
Stocks – BoJ, ECB
Kikuo Iwata, Deputy Governor of the Bank of Japan (BoJ) commented on the bank’s monetary easing, saying the bank would continue its monetary easing until the inflation rate reaches the bank’s 2% target.
Meanwhile, European Central Bank policymakers are expected to meet to discuss the bank’s interest rate after inflation slowed to a four-year low last month. Analysts are expecting officials to maintain rates.
Stocks – Australia Upbeat Data
Stocks in Australia climbed on a string of positive macroeconomic data on Thursday. The country’s benchmark S&P/ASX index closed 1.20% lower at 5,131.40, while Australia’s trade balance came in higher in December as exports came in 4% higher from the November.
Australia reported a trade surplus of A$468 million in December, according t o the Australian Bureau of Statistics. Trade data with China, Australia’s biggest trading partner hit a record.
Australia’s retail sales came in 0.5% higher month-on-month in December, compared to the previous figures of 0.7% seen in November.
Stocks – US Payroll & Jobless Claims Report
With reports for the US payrolls and unemployment reports expected to be released on Friday, analysts are expected to see the US unemployment figures come in at 6.7% in January. US companies increased payrolls by 175,000 in January, according to reports from the ADP Research Institute.
Visit www.hymarkets.com to find out more about our products offering and start trading today with only $50 using the latest trading technology today.
The post Asian Stocks Mixed Ahead of US Jobs Report appeared first on | HY Markets Official blog.
Related Posts: