Mon. Nov 23rd, 2020

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Discrepancy in Asia-Pacific stocks

1 min read

Asia-Pacific markets

Asia-Pacific markets were mixed in early Wednesday trade. Investors remained cautious despite vaccine hopes, even as coronavirus cases continued to surge.

Meanwhile, the U.S. dollar continued its slide.

Chinese stocks didn’t budge much in early trading. The Shanghai composite edged up 0.26%, while the Shenzhen component was flat.

Hong Kong’s Hang Seng index slipped 0.14%.

In Japan, the Nikkei 225 fell 0.78%, while the Topix dropped 0.56%. Japanese exports in October did much better than expected, falling 0.2%, according to the Ministry of Finance. That’s compared to a 4.5% decline forecast. It followed a 4.9% drop in September.

Exports were helped by a rise in demand for Japanese cars by China and the U.S., which drove up shipments.

However, automakers — among the country’s key exports — fell across the board in the morning. Mitsubishi Motor dropped almost 5%, while Honda declined 3.29%. Subaru dropped almost 2%.

Leave a Reply

Forex trading and any instruments related to Foreign Exchange Market are Speculative and carry substantial risk of loss of either partial equity or the entire deposit amount. Leverage adds up to the risk, before considering to invest in this venture, you should first consider your financial position and may seek the help of an independent financial advisor. FXtriangle dis-recommends the usage of loan instruments to trade in this market as it can hamper financial position. Please do not invest the money that you cannot afford to lose. FXtriangle provides all its services throughout the Globe Excluding (Nigeria, British Virgin Island & the Islamic Republic of Iran) and also provides limited service in some jurisdictions where investment in Overseas markets / Fx Exchanges are prohibited by Law If you are not sure to contact us before using any of our services. FXtriangle acts as an Independent Corporate Financial Advisor and connects you to various overseas exchanges and cannot be held liable for any financial damage occurring through their side. All of our partnered institutions are regulated in various jurisdictions.FXtriangle conducts an independent background check before partnering with any institutions to fulfill your investment objectives smoothly. The usage of our Business name, Logo or any trademark in any financial forum, website, review website, complaint arena, Billboards without our written permission will attract lawsuits.