Forex News (from InstaForex) - page 71
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Hong Kong stocks rebound on China Mobile, casino shares
Hong Kong stocks rebounded from the previous trading days slump as casino shares continued its rally while China Mobile Ltd. regained from a drop.
The Hang Seng Index climbed 0.4% to 23,401.26, 11:00 am, Hong Kong time. The gauge shed as much as 0.5% in the intraday trading. Last week, it plummeted by 2.6% after the escalated pro-democracy Hong Kong protests that went through the Chinese Golden Week holiday. It was the biggest drop of the index since March of this year. The H-share index or the Hang Seng China Enterprises Index rose by 0.5% to 10,462.26 as Mainland Chinese markets resume trading tomorrow.
As per the latest reports, several rounds of talks will be held where Hong Kong officials and protest leaders will be discussing the matter of democracy and electoral freedom as a result of a preparatory meet up yesterday. According to reports, the result of the formal meetings, that were hoped to start as early as October 12, will be confirmed and implemented by the government according to their negotiations.
South Korean Financial Markets closed on Thursday
South Korean financial markets are closed on Thursday for a public holiday. Markets will resume trade at normal hours on Friday, Oct. 10.
News are provided by InstaForex
Japan Tertiary Industry Index Eases 0.1% In August
An index measuring tertiary industry activity was down a seasonally adjusted 0.1 percent on month in August, the Ministry of Economy, Trade and Industry said on Friday - standing at 97.8. That missed forecasts for an increase of 0.1 percent following the flat reading in July. The industries that were down included scientific research, retail trade, utilities and accommodations. Industries that saw increased activity included finance, recreation, communication, health care and real estate.
News are provided by InstaForex
Usdmyr to Open Around 3.2600 on Higher Ndfs
USD/MYR to continue firm above 3.25, eyes break above 3.2860 1 Oct high 1 month traded 3.2665-3.2715 range overnight, closed 3.2715-3.2750 in NY Growth worries; stocks sell-off supportive of pair
News are provided by InstaForex
Japan M2 Money Stock +3.0% On Year In September
The M2 money stock in Japan was up 3.0 percent on year in September, the Bank of Japan said Tuesday - standing at 876.8 trillion yen. That exceeded forecasts for an increase of 2.9 percent and it marked the fourth straight month with the same reading. The M3 money stock added an annual 2.5 percent to 1,190.2 trillion yen versus forecasts for 2.4 percent, which would have been unchanged. The L money stock gained 3.2 percent on year to 1,565.1 trillion yen after gaining 3.1 percent a month earlier.
News are provided by InstaForex.
Japan M2 Money Stock +3.0% On Year In September
The M2 money stock in Japan was up 3.0 percent on year in September, the Bank of Japan said Tuesday - standing at 876.8 trillion yen. That exceeded forecasts for an increase of 2.9 percent and it marked the fourth straight month with the same reading. The M3 money stock added an annual 2.5 percent to 1,190.2 trillion yen versus forecasts for 2.4 percent, which would have been unchanged. The L money stock gained 3.2 percent on year to 1,565.1 trillion yen after gaining 3.1 percent a month earlier.
News are provided by InstaForex.
South Korea Export Prices Ease 0.2% In September
Export prices in South Korea were down 0.2 percent on month in September, the Bank of Korea said on Wednesday, following the 0.2 gain in August. On a yearly basis, export prices fell 6.5 percent after losing 8.6 percent in the previous month. Individually, prices for exports of manufacturing products fell 0.2 percent on month and 6.6 percent on year, while prices for agricultural products tumbled 1.3 percent on month and 1.8 percent on year. Import prices lost 1.2 percent on month in September after shedding 0.8 percent in August. On a yearly basis, import prices tumbled 8.8 percent after dropping 9.9 percent a month earlier. Prices for raw materials lost 2.6 percent on month and 12.7 percent on year, while prices for capital goods dipped 0.6 percent on month and 6.7 percent on year.
News are provided by InstaForex.
New Zealand Manufacturing Index Rises To 58.1
New Zealand's manufacturing sector expanded at an accelerated pace in September, the latest Performance of Manufacturing Index from Business NZ revealed on Thursday with a score of 58.1. That's up from the upwardly revised 57.0 in August (originally 56.5), and it moves further above the boom-or-bust line of 50 that separates expansion in a sector from contraction. In all, the index has risen in four straight months. "This pick-up has been relatively well spread across industry type, firm size and the standard breakdowns of production, orders, employment, stocks and deliveries," BNZ economist Craig Ebert said.
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Aud/usd Back Above 0.8760 After dragged Lower to 0.8734 on Kiwi Sell-Off
Kiwi sell-off false alarm but comeback far from impressive
That said antipodean recovery looks underway - NZD/USD target +80 cents
AUD down against the field on Thursday - could play catch-up today
As highlighted by today's NZD/USD move - markets are very thin and illiquid
News are provided by InstaForex.
UK House Prices Rise 2.6% In October - Rightmove
The average asking price of a house in the United Kingdom was up 2.6 percent on month in October, property tracking website Rightmove said on Monday, to 271,669 pounds. That follows the 0.9 percent increase in September. On a yearly basis, house prices spiked 7.6 percent - slowing from the 7.9 percent jump in the previous month. By region, house prices jumped 10 percent in the south-east and 9.6 percent in London.
News are provided by InstaForex