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Asian markets are trading higher as trade talks continue

2019-01-09 07:14 am | Resource: News | No Views : 176



 Asian stocks rose on Wednesday as investors awaited US-China trade talks after a cautiously optimistic statement from a US delegation that talks were "going well" and would last for a third day, raising hopes that a deal could be possible.

A meeting between Kim Jong Ung and Xi Jinping

North Korean leader Kim Jong-ung held a meeting with Chinese President Xi Jinping during his four-day visit to Beijing, Yonhap news agency quoted unnamed sources as saying. The meeting reportedly lasted about an hour, and the two discussed a possible summit between Kim and US President Donald Trump, as well as ways to strengthen relations between Pyongyang and Beijing.

The South Korean presidential office praised the visit, saying it could contribute to the complete denuclearization of the Korean Peninsula and the building of a lasting peace. She also expressed the hope that the meeting between Kim and Wuxi could pave the way for another summit with Trump, who announced that his team was organizing a meeting in a "not too distant future."

 Fund to invest in infrastructure bonds

The Board of Directors of Asian Infrastructure Investment Bank (AIIB) has approved the creation of an enhanced $ 500 million credit management portfolio that will focus on investments in infrastructure-related bonds. The fund aims to "develop infrastructure as an asset class, develop capital markets for infrastructure debt and promote the integration of environmental principles Social and governance in fixed income investments in emerging Asia. "

The Islamic Islamic Investment Bank's plan is to buy up to 50 private and state-owned companies and hold these securities up to maturity to avoid interest rate fluctuations, according to Dung-Ike Lee, general manager of investment operations.

Asian stocks trading
  • The Nikkei 225 index rose 1.22% at 04:18 CET.
  • The Shanghai Composite Index rose 1.68% at 04:24 CET.
  • While the Shenzhen Composite Index traded 1.83% in the Green Zone at the same time.
  • The Hang Seng Index in Hong Kong traded 2.50% in the green zone at 4:19 am CET.
  • South Korea's Kospi Composite Index rose 1.78% at 4:21 am.
  • The Australian S & P / ASX 200 rose 0.91% at 04:20 CET.

The greenback was up 0.13% against the yen, to 108.9070 at 4:18 CET.


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Best Opportunities, Vision and Technical Analysis for The NASDAQ100 17 April 2019

We offer you the analysis of the NASDAQ 100 index on Wednesday , April 17, 2019 with the most important forecasts for the NASDAQ 100 index in the US market. Time frame Used - four hours The NASDAQ 100 is moving in a bullish direction in the near term. The Nasdaq 100 is still facing resistance and selling pressure around 7670 levels, forming a negative candlestick pattern as the indices…

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