Wed. Oct 5th, 2022

Fxtriangle | Market analysis | Managed trading

Fxtriangle will make Fx trading look easy.

Asian stocks mixed

1 min read
asian markets

Stocks in Asia-Pacific were mixed in Wednesday morning trade as investors await the Federal Open Market Committee’s quarterly update.

In Japan, the Nikkei 225 were fractionally higher in morning trade while the Topix index advanced 0.21%.

The moves came after provisional trade statistics from Japan’s Ministry of Finance released Wednesday showed the country’s exports in August falling 14.8% as compared to a year ago. That compared against a 16.1% drop expected by economists in a Reuters poll.

Mainland Chinese stocks, on the other hand, saw losses. The Shanghai Composite declined 0.26% while the Shenzhen component shed 0.285%. Hong Kong’s Hang Seng index hovered above the flatline.

Meanwhile, South Korea’s Kospi’s added 0.1%. Over in Australia, the S&P/ASX 200 advanced 0.69%.

Overall, the MSCI Asia ex-Japan index traded 0.38% higher.

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.