SYDNEY/NEW YORK - Asian stocks edged higher on Tuesday after strong readings on China’s vast manufacturing sector offset the weak lead from a softer Wall Street session.
The Hang Seng Index in Hong Kong traded 0.18% higher while the Shanghai Composite also recovered early losses to stand 0.1% higher. Japan’s Nikkei 225 erased early losses to trade flat. “September is also going to be a choppy recovery, and until we get closer to more news about a vaccine it’s going to remain that way.”
On Wall Street, the Dow Jones Industrial Average and the S&P 500 ended in the red overnight, while the Nasdaq rose solidly. The Nasdaq fared even better than the S&P for the month, up nearly 10% as it rallied for a fifth straight month. Expectations that the Fed will keep interest rates low for an extended period kept the dollar soft, marking a fourth straight month of declines in August, its longest losing streak since 2017.
But we know whatever China is posting is likely a fake
CCP has grown by attracting capital due to technology stolen from foreign countries and the illusion of a huge market population. Communists are rich, but the huge market size is just an illusion. If the theft and illusion cut off, CCP will collapse. Decoupling is necessary.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks edge lower after Wall Street dips in month-end tradeAsian stocks were set to weaken on Tuesday following a softer Wall Street close while the dollar slipped as markets digested new Federal Reserve comments that suggested rates will stay low for an extended period. Utoh...looks like the party is over.
Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks reach 29-month top, China services surprisingly strongAsian shares notched a 29-month high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory, while an upbeat reading on China's service sector augured well for continued recovery there. Les actions asiatiques ont atteint leur plus haut niveau en deux ans, Nikkei rebondit alors que Berkshire achète Bourse
Source: Reuters - 🏆 2. / 97 Read more »
Senior China diplomat says it's possible to agree EU-China investment accord by end-2020The Chinese government's top diplomat, State Councillor Wang Yi, said on Sunday it was possible to conclude an EU-China investment accord by the end of 2020. PLEASE SAVE MILLIONS OF INDIAN STUDENTS BY YOUR HELP Mann_Ki_Nahi_Student_Ki_Baat POSTPONEJEE_NEET BEGGING YOU BarackObama TheRock AUThackeray realDonaldTrump POTUS nytimes ChrisEvans BBCWorld WHO LicypriyaK BorisJohnson NBCNews RobertDowneyJr Trusted slave number one of Xipooh.
Source: Reuters - 🏆 2. / 97 Read more »
Asian stocks hit two-year high, Nikkei bounces as Berkshire buys inAsian shares notched a fresh two-year high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period, keeping the safe-haven dollar on the defensive. Crivvens, looks like China will be the biggest superpower soon, guess the virus worked then
Source: Reuters - 🏆 2. / 97 Read more »