tag:blogger.com,1999:blog-14344271660703839662024-02-19T07:10:04.696+05:30Dollar Advisory Financial ServicesDollar Advisory & Financial Services (Investment Adviser) is an ISO 9001 - 2008 certified Central India’s leading Advisory in Equity, Commodity, Currency (Forex) & Comex Market. We are registered with SEBI (Securities & Exchange Board of India) under SEBI (Investment Adviser) Regulations, 2013 as an Investment Adviser. We are among the few organizations providing advisory services based on Technical and Fundamental analysis. dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.comBlogger1006125tag:blogger.com,1999:blog-1434427166070383966.post-64227624395765842112019-07-26T11:22:00.000+05:302019-07-26T11:22:09.621+05:30Asia Pacific Slip Amid Expectations Of Less Aggressive Fed<div dir="ltr" style="text-align: left;" trbidi="on">
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Stocks in Asia slipped on Friday afternoon trade, amid expectations the U.S. Federal Reserve could be less aggressive than expected with monetary policy when it meets next week. Mainland Chinese shares also dipped by the afternoon, as the Shanghai composite declined 0.16% and the Shenzhen component shed 0.35%. The Shenzhen composite also slipped 0.28%. Hong Kong’s Hang Seng index fell 0.45% after the city reported Thursday that it saw its biggest annual drop in exports in almost three and a half years in June.</div>
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Dollar Advisoryhttp://www.blogger.com/profile/02032572991561233425noreply@blogger.com1tag:blogger.com,1999:blog-1434427166070383966.post-26558020943169415172019-07-25T11:49:00.002+05:302019-07-25T11:49:38.045+05:30SE Asia Stocks-Philippines Hits 2-Week Low On Jollibee Foods<div dir="ltr" style="text-align: left;" trbidi="on">
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Philippine shares hit a two-week low on Thursday, dragged by sharp losses in fast-food giant Jollibee Foods Corp, while most other Southeast Asian markets inched higher ahead of a key European Central Bank meeting later in the day. The benchmark Philippine stock index slipped as much as 0.6% after a 1% drop in the previous session. Jollibee declined as much as 8%, wiping out $850 million in market value in two days after the country's largest food
service network operator said it was buying loss-making
U.S.-based Coffee Bean & Tea Leaf.</div>
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Dollar Advisoryhttp://www.blogger.com/profile/02032572991561233425noreply@blogger.com2tag:blogger.com,1999:blog-1434427166070383966.post-73684922246956104312019-07-23T10:06:00.001+05:302019-07-23T10:06:25.934+05:30Asia Stocks Trade Higher Amid Better-Than-Expected Earnings Stateside<div dir="ltr" style="text-align: left;" trbidi="on">
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Stocks in Asia Pacific edged up on Tuesday morning, following overnight gains on Wall Street amid better-than-expected earnings. Mainland Chinese stocks were higher in early trade, with the Shenzhen composite 0.13% higher and Shenzhen component rising about 0.3%. The Shanghai composite traded fractionally higher, while Hong Kong’s Hang Seng index was largely flat. Shares on China’s new Nasdaq-style tech board, the “STAR Market, ” mostly declined in early trade after seeing strong gains on their debut trading day on Monday.</div>
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Dollar Advisoryhttp://www.blogger.com/profile/02032572991561233425noreply@blogger.com3tag:blogger.com,1999:blog-1434427166070383966.post-79601012948437424102019-07-22T10:36:00.002+05:302019-07-22T10:36:49.156+05:30Asian Shares Mostly Fall As New Stock market Debuts In Shanghai<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: Georgia, "Times New Roman", serif; font-size: large;">Asian shares were mostly lower Monday after Wall Street ended last week lower as investors continue to watch for what may be in store for U.S. interest rates. In Shanghai, the STAR market, a Nasdaq-style board of 25 tech companies, began trading. Shares surged in early trading, thanks to massive over subscription in IPO shares by retail investors. Trading in the new market is expected to be volatile in the early going. “Initially, there could be trading imbalances between supply and demand, and the market should look at fluctuations in a reasonable way,” Liu Ti, deputy general manager of the Shanghai Stock Exchange, said recently, according to Reuters.</span></div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com1tag:blogger.com,1999:blog-1434427166070383966.post-11410678099517005172019-07-19T11:36:00.000+05:302019-07-19T11:36:27.108+05:30Asia Stocks Gain, Dollar Sags As Fed Reinforces Rate Cut Expectations<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month. New York Fed President John Williams said on Thursday that policymakers need to add stimulus early to deal with too-low inflation when interest rates are near zero and cannot wait for economic disaster to unfold, in a speech read as a strong argument in favor of quick action. The comments by Williams made it a virtual certainty the Fed would opt to cut interest rates by 25 basis points (bps) at its July 30-31 policy meeting and also fueled expectations of an even deeper 50 bp reduction.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-55806484224588448172019-07-18T12:33:00.000+05:302019-07-18T12:33:03.858+05:30Asian Markets Fall On Economic Red Flags As Trade-War Standoff Persists<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian markets slid in early trading Thursday amid new economic warning signs. Efforts to revive trade talks between the U.S. and China are making no progress, the Wall Street Journal reported Wednesday, with restrictions on Huawei Technologies Co. a sticking point. Amid recent reports that the U.S. will relax some Huawei sales restrictions, China is reportedly waiting to see what the U.S. actually does before committing to new negotiations. Elsewhere, South Korea’s central bank cut its key interest rate for the first time in three years, a surprise move that comes as South Korea’s economy is struggling and trade tensions with Japan are heating up. </div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com1tag:blogger.com,1999:blog-1434427166070383966.post-801467818962577282019-07-17T11:25:00.000+05:302019-07-17T11:25:40.096+05:30Asia Stocks Slip Amid Renewed US-China Trade Uncertainty<div dir="ltr" style="text-align: left;" trbidi="on">
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Stocks in Asia mostly slipped on Wednesday afternoon trade following overnight developments on the US-China trade front. In mainland China, the Shanghai composite was fractionally lower by the afternoon, while the Shenzhen component added 0.58%. The Shenzhen composite also rose 0.484%. Hong Kong’s Hang Seng index slipped 0.31%. The Nikkei 225 in Japan fell 0.43% in afternoon trade, with shares of index heavyweight and conglomerate Softbank Group dropping more than 2%, while the Topix was 0.18% lower.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-56737692074636420722019-07-16T10:41:00.001+05:302019-07-16T10:41:46.124+05:30Asia Stocks Mixed As RBA Meeting Minutes Show Willingness To move On Interest Rates<div dir="ltr" style="text-align: left;" trbidi="on">
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Stocks in Asia traded mixed on Tuesday afternoon, as minutes from a recent meeting by the Reserve Bank of Australia showed the central bank’s willingness to move on monetary policy if necessary. In China, the Shanghai composite slipped 0.11% by the afternoon, while the Shenzhen component shed 0.18%. The Shenzhen composite was largely flat. Hong Kong’s Hang Seng index advanced 0.13%. Shares of Chinese tech heavyweight Xiaomi slipped 0.64%. The firm took a 6% stake in chip designer VeriSilicon Holdings, with the move coming amid Beijing’s push for China to become more reliant in sectors such as chips. Xiaomi is set to announce quarterly earnings results in the second half of August.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-49347546492283085312019-07-12T09:33:00.000+05:302019-07-12T09:33:25.683+05:30Asian Shares Ease As Trump Rekindles Sino-US Trade Tensions<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian shares pulled back on Friday as worries over renewed Sino-US trade tensions weighed on sentiment ahead of the release of June trade data from China, though expectations of a Federal Reserve rate cut later this month kept losses in check. Those bets remained strong despite a rise in US consumer inflation in June and helped to lift the S&P 500 index to a record closing on Thursday. S&P 500 e-mini futures were last up 0.21% at 3,010.25. Federal Reserve Chairman Jerome Powell indicated on Thursday that a rate cut is likely at the Fed's next meeting as businesses slow investment due to trade disputes and a global growth slowdown.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-60377091989240094842019-07-11T09:27:00.002+05:302019-07-11T09:27:38.078+05:30Asia Markets Rise As Fed’s Powell Hints At Rate Cut Ahead<div dir="ltr" style="text-align: left;" trbidi="on">
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Chinese stocks moved up in early trade, with other Asia markets following after U.S. Federal Reserve Chairman Jerome Powell signaled overnight that the U.S. central bank could be cutting interest rates soon. The Shanghai Composite added 0.82%, while both the Shenzhen component and Shenzhen composite also gained about 1%. Hong Kong’s Hang Seng index advanced 1.2%. The Nikkei 225 rose 0.3% in morning trade, while the Topix gained 0.36%. Shares of game maker Nintendo jumped more than 3.5% a day after the company announced a cheaper version of its Switch video game console. Relations between Tokyo and Seoul remain frosty, with Japan saying it would tighten restrictions on exports of three materials used in smartphone displays and chips, over a dispute with Seoul on South Koreans being forced to work for Japanese firms during World War Two.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-20384093869131342792019-07-10T09:41:00.001+05:302019-07-10T09:41:55.903+05:30Asian Stocks Hobbled By Fading Expectations For Aggressive Fed Rate Cut<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian stocks struggled to rebound on Tuesday as investors came to terms with sharply reduced expectations the Federal Reserve will deliver a large interest rate cut at the end of July. Those views were bolstered after solid gains in US jobs for June and pushed down Wall Street for the second straight day. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent in early trade, after falling 0.6 percent the previous day. Japan's Nikkei rose 0.5 percent thanks in part to the yen's retreat against the dollar. Money market futures are still fully pricing in a 25 basis point cut at the Fed's next policy meeting on July 30-31, but have almost priced out a larger 50 basis point reduction.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-54430026501302294462019-07-09T09:36:00.000+05:302019-07-09T09:36:01.409+05:30Asia Markets Decline, Suppliers Follow Apple Downward<div dir="ltr" style="text-align: left;" trbidi="on">
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Asia Pacific stocks mostly declined on Tuesday amid dampened expectations on the Fed cutting rates this month. Mainland China shares continued to fall after losses on Monday. The Shanghai Composite edged down 0.16% in early trade, while the Shenzhen component declined 0.22%. The Shenzhen composite shed 0.33%. Hong Kong’s Hang Seng index pared some losses to edge down 0.17%. The city’s leader Carrie Lam said Tuesday that the controversial extradition bill that led to widespread anger and massive protests in the Asian financial hub “is dead.” Meanwhile, investors are keeping an eye on testimony from Federal Reserve Chair Jerome Powell due Wednesday. It follows a stronger-than-expected jobs report in the U.S. that raised questions about whether the Fed will cut interest rates.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-79869290899901447782019-07-08T09:53:00.000+05:302019-07-08T09:53:37.620+05:30Asian Shares Fall As Bets Off On Sharp US Rate Cuts<div dir="ltr" style="text-align: left;" trbidi="on">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9JB_JQ1B_PtjVlL_3eLA90CS4tvKDrZf0Pim9a6jfrdgRIvr2AgVZKXKHHOaoc9ZctxLb_Ex7ANlmn_JV2_CqAuBAbU_L9ve_VO_lh2VE1kDL6vID-umS5emAhpbt29AwTqGqOmOWHUcz/s1600/wallst.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" data-original-height="183" data-original-width="275" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg9JB_JQ1B_PtjVlL_3eLA90CS4tvKDrZf0Pim9a6jfrdgRIvr2AgVZKXKHHOaoc9ZctxLb_Ex7ANlmn_JV2_CqAuBAbU_L9ve_VO_lh2VE1kDL6vID-umS5emAhpbt29AwTqGqOmOWHUcz/s1600/wallst.jpg" /></a><span style="font-family: Georgia, Times New Roman, serif; font-size: large;"><a href="http://www.dollaradvisory.com/" target="_blank">Asian</a> shares fell on Monday after strong US jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Asian shares were broadly weaker on Monday, tracking Wall Street which fell from record highs last week. MSCI’s broadest index of Asia-Pacific shares outside Japan lost more than 1%, with every market in the red. Japan’s Nikkei faltered 0.9%. Chinese shares started lower with the blue-chip index off 1.7% and Hong Kong’s Hang Seng index down 1.5%. For More Information Please Visit : <a href="http://www.dollaradvisory.com/">www.dollaradvisory.com</a> and Call : +91 9111-179961</span></div>
dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-8150477087381369012019-07-05T11:13:00.002+05:302019-07-05T11:13:18.696+05:30Shanghai Slides, Blue Chips Gain As Market Awaits Trade Talk Cues<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="background-color: white; color: #313132; font-family: freight-book, serif; font-size: 21px;">Shares in Shanghai fell on Friday, while Chinese blue chips made small gains as China and the United States prepared for fresh trade talks next week, but gave little hint as to when exactly negotiators will meet face-to-face. </span><span style="background-color: white; color: #313132; font-family: freight-book, serif; font-size: 21px;">At the midday break, the Shanghai Composite index was down 0.2% at 2,999.92 and up 0.7% for the week, while the blue-chip CSI300 index was up 0.1% on the day and 1.3% higher on a weekly basis. </span><span style="background-color: white; color: #313132; font-family: freight-book, serif; font-size: 21px;">The smaller Shenzhen index was up 0.1% and the start-up board ChiNext Composite index was higher by 0.3%. </span><span style="background-color: white; color: #313132; font-family: freight-book, serif; font-size: 21px;">Top representatives of the United States and China are organizing a resumption of talks for next week to try to resolve a year-long trade war between the world’s two largest economies, Trump administration officials.</span></div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-42712835469393851272019-07-04T09:30:00.000+05:302019-07-04T09:30:39.112+05:30Asian Markets Rise After Wall Street’s Record Highs<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian markets rose in early trading Thursday, following record closing highs for U.S. stocks in a shortened trading day. Investors cheered signs that global monetary policy will become more stimulative in the months ahead after International Monetary Fund Managing Director Christine Lagarde was nominated to replace Mario Draghi as the head of the European Central Bank. Also, President Donald Trump said he would nominate Christopher Waller, the research director at the St. Louis Fed, and Judy Shelton, the U.S. executive director for the European Bank of Reconstruction and Development, for influential posts on the Federal Reserve’s Board of Governors. Shelton has backed interest-rate cuts, and Waller is an easy-money advocate.</div>
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On the trade-war front, White House economic adviser Larry Kudlow said that high-level U.S. and Chinese negotiators would talk on the phone next week to set up a new round of face-to-face meetings.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-73166177635817642562019-07-03T09:54:00.003+05:302019-07-03T09:54:34.606+05:30Asian markets fall as trade-deal uncertainty returns<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: Georgia, Times New Roman, serif; font-size: large;">Asian markets retreated in early trading Wednesday, as the afterglow of last weekend’s trade-truce announcement gave way to the uncertainty that a deal will actually be made anytime soon. Peter Navarro, President Donald Trump’s top trade adviser, said Tuesday that talks between the U.S. and China were headed in a “very good direction,” but a lack of concrete details and both sides’ hardened positions make the chances for a trade deal little better than they were before Trump’s meeting with China’s President Xi Jinping. While Trump said Monday that some talks had “already begun,” high-level negotiations have not been held since early May, and none are scheduled. Tuesday night, Trump said he intends to nominate Judy Shelton and Christopher Waller to two vacant spots on the Federal Reserve’s Board of Governors. That could give Trump more allies in his efforts to persuade the Fed to cut interest rates.</span><div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-47404961421792424152019-07-02T09:39:00.001+05:302019-07-02T09:39:43.098+05:30Asian Markets Mixed As Investors Mull Significance Of Trade Truce<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian markets were mixed in early trading Tuesday, as investors weighed the tariff truce between the U.S. and China and the potential for a trade deal. President Donald Trump said Monday that renewed talks have “already begun,” CNBC reported, and added that any deal “has to be better for us than for them.” But days after the trade-war timeout was announced, details were still scarce, with no announcement of high-level negotiations and the looming possibility that new tariffs could still be imposed if talks are not successful.</div>
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Stocks rose on Wall Street, though off session highs, and Morgan Stanley analysts warned that barring concrete progress, the truce rally may be short-lived.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-89445592504050323952019-07-01T09:27:00.000+05:302019-07-01T09:27:13.616+05:30Asian Markets Gain As U.S, China Agree To Go Back To The Negotiating Table<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian markets gained in early trading Monday, after the U.S. and China over the weekend agreed to a timeout in their tariff war and agreed to resume trade negotiations. After meeting with China’s President Xi Jinping on Saturday at the G-20 summit in Japan, President Donald Trump said that current tariffs would remain in place, but new ones would be placed on hold for the “time being.” Trump said his talks went “even better than expected” and that “we’re going to work with China where we left off.” Despite his optimism, the U.S. and China remain entrenched in their positions, and it is unclear how long it may take to reach a final agreement. The two sides haven’t met for formal negotiations since talks broke off in early May.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-33416019764458260302019-06-28T10:11:00.000+05:302019-06-28T10:11:11.004+05:30Asian Markets Slip As G-20 Meeting Kicks Off In Japan<div dir="ltr" style="text-align: left;" trbidi="on">
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President Donald Trump met with the leaders of Japan, Germany and India on the sidelines of the G-20 meeting in Osaka, Japan, and said he was optimistic about making trade deals with all three of those countries. Trump was scheduled to meet with Russia’s Vladimir Putin later in the day, and with China’s Xi Jinping on Saturday, and hopes are high that the meeting with Xi will produce a cease-fire in the trade war. But analysts caution any new truce at the Group of 20 meeting of major economies in Japan is likely to be temporary because negotiators face the same disagreements that caused talks to break down in May.</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-43692807160657993392019-06-26T09:40:00.005+05:302019-06-26T09:40:53.138+05:30Asia Stocks Slip As Fed’s Powell Tempers Rate Cut Expectations<div dir="ltr" style="text-align: left;" trbidi="on">
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Stocks in Asia fell on Wednesday morning after U.S. Federal ReserveChairman Jerome Powell tempered expectations for a potential interest rate cut. The Nikkei 225 in Japan declined 0.46% in late-morning trade, with shares of index heavyweights Fast Retailing and Softbank Group slipping. The Topix index also fell by 0.4%. The moves on Wall Street came as Powell said the U.S. central bank is assessing whether current economic uncertainties call for lower rates. Powell noted the Fed will take a wait-and-see approach given how rapid recent economic changes have been but added the Fed is “insulated from short-term political interests. ”</div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-89066004292147327402019-06-25T09:37:00.000+05:302019-06-25T09:37:05.925+05:30Stocks In Asia Subdued In Morning Trade As Investors Await Trump-Xi Meeting<div dir="ltr" style="text-align: left;" trbidi="on">
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Stocks in Asia were largely tepid in Tuesday morning trade, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen later in the week. Mainland Chinese stocks declined in early trade, with the Shanghai composite slipping 0.43% and Shenzhen component falling 0.51%. The Shenzhen composite also fell 0.634%. In Hong Kong, the Hang Seng index slipped 0.32%. Investors await a highly-anticipated meeting between Trump and Xi at the upcoming G-20 summit in Japan. The two leaders are expected to discuss the protracted trade fight between their two countries. </div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-89649063570401478792019-06-24T10:39:00.001+05:302019-06-24T10:39:59.345+05:30Asian Stock Markets Tick Higher As China Confirms Xi Headed to G-20<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: "georgia" , "times new roman" , serif; font-size: large;">Asian stock markets put up mild gains early Monday, with cautious bullish optimism emerging for a thaw in U.S.-China trade talks. The Chinese state-run Xinhua news agency said Sunday that China’s President Xi Jinping will attend the G-20 summit in Japan this week, giving the first official confirmation of his attendance at the meeting, where he has been expected to talk on the sidelines U.S. President Donald Trump. Vice President Mike Pence on Friday called off a planned China speech, presumably to clear the way for a high level head-to-head.</span></div>
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<span style="font-family: "georgia" , "times new roman" , serif; font-size: large;">Optimism for Asian markets tracked weekly gains for U.S. stocks, even though the major averages finished lower Friday amid heightened tensions between Iran and the U.S. The Dow is on track for its best June in eight decades as investors cheered the Federal Reserve’s shift to a more dovish stance, a move that has helped lift most risk-on markets.</span></div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-73931678820072698852019-06-21T10:02:00.000+05:302019-06-21T10:02:04.894+05:30Asia Markets Mixed As Geopolitical Tensions Linger<div dir="ltr" style="text-align: left;" trbidi="on">
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<span style="font-family: Georgia, Times New Roman, serif; font-size: large;">Stocks in Asia were mixed in Friday morning trade. Meanwhile, tensions in the Middle East continued to heat up. Mainland Chinese stocks rose in early trade, with the Shanghai Composite up 0.44% and Shenzhen component adding 0.9%. The Shenzhen composite also advanced 0.957%. The U.S. Federal Reserve kept interested rates steady on Wednesday but opened the door for a possible rate cut in the future. Following that, the yield on the benchmark 10-year Treasury fell below 2% for the first time since November 2016. <br /><br />Get a 2 day <a href="https://www.dollaradvisory.com/index.php/welcome/freetrial">Free Trial</a> <br /><br />Visit <a href="https://www.dollaradvisory.com/index.php/welcome/freetrial">Dollar Advisory</a><br />Call Us: +91 91111-79961</span></div>
dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-88392208318924037492019-06-20T10:03:00.000+05:302019-06-20T10:03:10.733+05:30Stocks In Asia Mostly Higher As Fed Opens Door For Rate Cut<div dir="ltr" style="text-align: left;" trbidi="on">
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Stocks in Asia were mostly higher in Thursday morning trade after the U.S. Federal Reserve left interest rates unchanged overnight but opened the door to a potential rate cut on the horizon. Mainland Chinese shares were mixed in early trade, with the Shanghai Composite adding 0.2% and the Shenzhen component fractionally higher, while the Shenzhen composite slipped 0.145%. U.S. President Donald Trump and Chinese Xi Jinping are set to meet at the upcoming G-20 summit in Japan, which will happen next week. Trump said talks between the “respective teams” would begin prior to that. </div>
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dollar advisoryhttp://www.blogger.com/profile/11641995232200379585noreply@blogger.com0tag:blogger.com,1999:blog-1434427166070383966.post-60960429982134531762019-06-19T11:44:00.000+05:302019-06-19T11:44:18.167+05:30Asian Markets Surge On Renewed Hopes Of Trade Deal<div dir="ltr" style="text-align: left;" trbidi="on">
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Asian markets surged Wednesday, following new hope on the trade front and strong gains on Wall Street. Markets also got a boost after the head of the European Central Bank, Mario Draghi, said the bank was ready to cut interest rates and provide additional economic stimulus if necessary. The remarks put the spotlight on the U.S. Federal Reserve, which has its own decision on interest rates scheduled later in the day. Many think the U.S. central bank may be headed for its first interest rate cut in over a decade sometime later this year. Trump stirred fresh optimism among investors when he said he will hold talks with Chinese President Xi Jinping at an international summit in Japan. U.S. businesses have implored Trump to stop escalating the trade war and refrain from expanding his tariffs to $300 billion on goods from China.</div>
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