OctaFX | OctaFX Forex Broker
Open trading account
Back

Asian equity markets a mixed bag Thursday

FXstreet.com (Barcelona) - Asian stock indices were completely mixed Thursday, as Japanese markets clearly proved to be the winner today after the BoJ continued to drive the JPY lower. Moreover, overnight the BoJ appears to have taken steps towards calming the front end of the curve in particular by offering up to Y3.5 trn in yen liquidity for 12 months at a mere 10bp.

Beginning with the indices and composites, the Shanghai Index fell -0.30% as it settles in region of 2219.55, down -6.57 points in these moments. In addition, the Hang Seng Index is trading in positive territory, operating at 22094.06, advancing +53.52 points or +0.24% at the time of writing. Finally, the Nikkei 225 soared Thursday, operating in the zone of 13549.16, jumping +1.96% after a movement of +261.03 points.

In terms of commodities, the price of gold and silver are trading at USD $1556.60 and $27.47 per oz. respectively. In addition, the price of crude is negotiating a price of USD $94.29/bbl.

Forex Flash: Cyclicals pull higher against USD - OCBC Bank

Emmanuel Ng of OCBC Bank notes that cyclical currencies, namely NZD, AUD and CAD, pulled higher against the dollar and G10 space sa risk appetite continued to improve across asset markets.
Read more Previous

Forex Flash: What lies ahead of the EUR/USD? – UBS, Commerzbank and Danske Bank

The shared currency is now trading back into the positive territory on Thursday, hovering over the area of 1.3085/90 and recovering from overnight lows around 1.3040/45...
Read more Next
Start livechat