Asian Stock Market: Follows footprints of upbeat S&P500, DXY turns sideways, oil drops

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Asian Stock Market: Follows footprints of upbeat S&P500, DXY turns sideways, oil drops – by Sagar_Dua24 Asia Nikkei SP500 Fed PMI

ying interest after investors shrugged off uncertainty on tech’s earnings guidance. The risk profile is upbeat as theAt the press time, Japan’s Nikkei225 soared 1.64%, ChinaA50 remained almost flat, Hang Seng jumped 1.60% and Nifty50 climbed 0.93%.

China’s official Manufacturing PMI has landed lower at 49.2 vs. the projections of 50.0 and the prior release of 50.1, reported by the National Bureau of Statistics. Also, the Non-Manufacturing PMI has been recorded as significantly lower at 48.7 against the expectations of 51.9 and the former release of 50.6. It seems that the continuation of the no-tolerance Covid-19 policy has weighed pressure on economic activities.

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
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:

 /  🏆 14. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Veteran Trader Peter Brandt Says Dogecoin Bear Market Has Ended – Markets and Prices Bitcoin NewsThe dogecoin bear market that began in May last year has ended, according to veteran trader Peter Brandt. This followed Elon Musk's acquisition of Twitter. $DOGE crypto yea! Fantastic! I have recently started using ChiefraFba for signals, his accuracy is INSANE! BOOM! Another winning signal today from ChiefraFba
Source: BTCTN - 🏆 531. / 51 Read more »