country flagالعربية
0
0

Asian stocks are trading higher amid geopolitical instability

2019-07-19 06:41 am | Resource: News | No Views : 60

 Asian stocks are trading higher amid geopolitical instability

Asian stocks rose on Friday after the United States announced that its fleet had dropped an Iranian drone approaching one of its vessels. Iran has not yet confirmed the incident. At the same time, Japan's inflation rate was 0.7% in June on an annualized basis, according to the latest report.

The Japanese consumer price index rose 0.7% in June on an annualized basis

The Japanese consumer price index (CPI) was 101.6 in June, up 0.7 percent year-on-year, according to a new report from the Statistics Bureau released on Friday. Inflation has not changed compared to the previous month. Prices for all items excluding fresh food rose by 0.6% year-on-year, while all items excluding fresh food and energy were up 0.5% annually.

The price of goods rose by 1% compared to June 2018, while services rose by 0.4%. Fuel, light and water charges contributed to an increase in consumer price index by 2.2% year-on-year, followed by furniture and household utensils by 1.8%. Transport and communications were the only ones with a 1.3% drop in prices.

Japanese industry activity increases in May

Japan's industrial activity rose 0.3% in May from a month earlier, according to a report by the Ministry of Economy, Trade and Industry on Friday. The seasonally adjusted industrial activity index was 106.7, 0.3% higher than April.

The index of construction activity was 114.3 in May, up 1.4% on a monthly basis, while the industrial production index was reported at 104.4, up 2.1% from April. Industry activity increased by 0.2% in May, with a 106.8 index.

Asian stocks trading
  • The Nikkei 225 index gained 1.71% at 4:26 am.
  • South Korea's Kospi rose 0.97% at 4:06 am.
  • In China, the Shanghai index jumped 1.11% at 4:26 am CET.
  • While the Shenzhen Composite Index rose 1.16% at 4:28 am CET.
  • Hong Kong's Hang Seng Index rose 0.99% at 4:28 am CET.
  • The Australian S & P / ASX 200 rose 0.80% at 4:29 am CET.

The dollar traded up 0.23% against the yen, reaching 107.5385 yen at 4:29 CET.


Other analysis

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…

More analysis

Best trading brokers

All Rights Reserved
Risk Disclaimer: Trading in foreign exchange market (Forex) includes the risks and the possibility of loss. That is why we are keen on providing the highest quality news and analysis concerning the different markets traded. The opinions expressed in the site indicate the opinion of the author only and not the views of the administration or the public, knowing that errors could be encountered and there is a possibility to commit them. Before starting to trade you should carefully consider your investment objectives, and review the level of experience and risk appetite. In some cases, possible high leverage can lead to loss of funds invested, so you can not invest money that you can not handle its possible loss. You should be aware of all the risks associated with foreign exchange trading and seek for advices from an independent financial advisor if you have any doubts.TradingPekk.com does not assume any responsibility after the occurrence of financial loss to the dealer and the user carries full responsibility for the losses resulting from the use of news, analysis and data on the site.