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Equity markets in the Asia-Pacific region were mixed on Friday, ahead of China's June numbers, and the Fed appears to be on track for a rate cut this month.
Hong Kong's Hang Seng rose 0.3% following the increase in financial stocks, while the CSI 300 in mainland China rose 0.6%. These changes took place before the release of China's export data on Friday.
US President Donald Trump said in a tweet that "China is letting us down because it has not bought agricultural products from our big farmers," which badysts say ANZ, should serve "A reminder that things could still break out".
Elsewhere in the region, the Topix in Japan and the S & P / ASX 200 in Australia both lost 0.2%.
Thursday, Wall Street, the S & P 500 ended up 0.2% to a new record after the comments of Jay Powell dovish, the President of the Federal Reserve has recorded gains while the central bank sought to protect the economy of increasing global risks.
The dollar index, a measure of the greenback versus a basket of peers, declined 0.2% on Friday, while the 10-year Treasury note yield rose 1 basis point to 2,127 %.
To come up
- China's trade figures
- Malaysia industrial production
- Consumer price index in India
- industrial production of the euro area
Stories of the best markets
Markets Briefing is an overview of global markets, updated throughout the trading day by Financial Times journalists in Hong Kong, New York and London. Return of information? Write in the comments below or send us an email.
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