China Shares Stabilise After Friday’s Slide, Nikkei Ignores Positive Japanese Data to Close Down
November 30, 2015 7:40 am
Chinese shares slid by 3.2% on Friday, posting their biggest one day-losses in more than three months. However, markets appear to have stabilised somewhat in the Asian session earlier today, with the Shanghai Composite closing up by 0.26%. Meanwhile, the Hang Seng fell by 0.33%| and despite positive macroeconomic data from Japan the Nikkei closed down by around 0.7%.
In the currency markets, Dollar Yen is currently around 122.823 flat on the day. EUR/USD is slightly higher this morning by 0.07%, trading at 1.05894 and edging ever closer to the 7 month low of 1.0565.
In commodities, West Texas Intermediate crude is at $41.57 per barrel, down 0.65%. Brent Crude is trading around $44.63 barrel, down by 0.56%. Gold is currently moving around $1,056.9 which is just above Friday’s low of $1,053.50. Today at 09:30 the UK announces the Net lending to individuals, at 13:30 Canada announces its Current account figures. 14:45 brings Chicago PMI figures and at 15:00 the US announces pending home sales.
Chinese shares slid by 3.2% on Friday, posting their biggest one day-losses in more than three months. However, markets appear to have stabilised somewhat in the Asian session earlier today, with the Shanghai Composite closing up by 0.26%. Meanwhile, the Hang Seng fell by 0.33%| and despite positive macroeconomic data from Japan the Nikkei closed down by around 0.7%.
In the currency markets, Dollar Yen is currently around 122.823 flat on the day. EUR/USD is slightly higher this morning by 0.07%, trading at 1.05894 and edging ever closer to the 7 month low of 1.0565.
In commodities, West Texas Intermediate crude is at $41.57 per barrel, down 0.65%. Brent Crude is trading around $44.63 barrel, down by 0.56%. Gold is currently moving around $1,056.9 which is just above Friday’s low of $1,053.50.
Today at 09:30 the UK announces the Net lending to individuals, at 13:30 Canada announces its Current account figures. 14:45 brings Chicago PMI figures and at 15:00 the US announces pending home sales.
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