قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Stocks in Hong Kong lead to Asia, weaker oil for five lows By Reuters

Stocks in Hong Kong lead to Asia, weaker oil for five lows By Reuters



© Reuters. A woman pointed to an electronic board showing stock prices while she was hiding in front of the board after the opening ceremony of the New Year at the Tokyo Stock Exchange (TSE), which was asked to succeed in the marketplace of Japan , in Tokyo

Hideyuki Sano

TOKYO (Reuters) ̵

1; Asian shares tumbled on Thursday as the Hong Kong market hit for the second straight session following a day of mass protests in the streets, while oil prices have stalled the five-month lows due to higher inventories and a

The hope hoped that the United States and China will have a deal on the sidelines of a Group of 20 summit meeting in Osaka in June 28-29 also hurt feelings and resulted in bond collapse.

"There's even a plan of bilateral ministry-level meetings before the G20 summit. You do not expect any major agreements," Hirokazu Kabeya, chief global strategist at Daiwa Securities.

European stocks are expected to fall, with Britain's futures and germs dropping about 0.2%.

Asia's largest MSCI index of shares outside of Japan fell to 1% and eventually to 0.6%.

Hong Kong has fallen 1.8 percent to one point after the fall of 1.7% on Wednesday.

Hong Kong came after the law allowing citizens to be extradited in China which triggered a mass protest and some of the worst disturbances seen in the territory since the British passed it back to the Chinese rule in 1997 .

Japan lost 0.8% while US stock futures fell to 0.2% in Asia, following small losses last week when 0.20% fell.

Oil holds close to five months, which is forced by another unexpected increase in US crude crude, as well as the outlook for demand for possible prospects of a long-term trading war in between China and the United States.

Futures mostly moved to $ 60.06 after a 3.7% slide on Wednesday to $ 59.97 a gun, the smallest international benchmark since January 28.

U.S. West Texas Intermediate crude futures stood at $ 51.12 per barrel compared to the previous day's $ 50.72 barrel, the weakest deal since January 14.

"It's a mystery that oil prices are very low when those global stock price "says Daiwa & # 39; s Kabeya.

Government data showed Wednesday that US consumer prices slumped in May, with primary annual inflation dropping to 2.0%, compared to a 2.4% peak last July, adding to growing expectations of a cut of Federal Reserve rates over the coming months.

Investors are looking at what the Fed policymakers will say after the next policy meeting on June 18-19, at Fed Funds rate futures pricing at a 25-base-point rate cut for subsequent policy review on July 30-31.

It was quite different from the Fed's projection three months ago, when policy makers saw the gradual rate increases in the coming years.

"The real economy of the United States does not go further but because of the market expectations, the Fed has no choice but to dispel rates … It will take action as an insurance against potential downside risks to the economy as a Sino-US trade deal is unlikely for now, "Kozo Koide, chief economist at Asset Management One.

A 10-year U.S. exclusion Treasuries dropped to 2.103 percent, close to 2.053 percent Friday, the lowest level since September 2017.

Bond burlolia also fell to Asia. The long-dated government bond government has fallen to their lowest level since August 2016, with a 20-year yield dropping 2.5 basis points to 0.220 percent, before they rose to a weak 30-year auction of bond.

In Australia, known for its high yield money, rates have fallen into record lows, with three years' yield now passing below 1 percent after the country's employment data is pointed to one further cut interest rates in July to follow only one last week.

In the currency market, the yen gained 0.2% to 108.32 dollars while risk loss while the Australian dollar dropped 0.25% to $ 0.6910.

The small euro changed slightly changed to $ 1.1293, which took a hit on Wednesday after US President Donald Trump said he was considering penalties on Russia's Nord Stream 2 pipeline project and warned Germany against relying on Russia for energy.

The pound is behind the foot after British lawmakers beat an attempt led by the Labor Party opposition to try to block an unrestricted Brexit by taking control of the parliamentary agenda from the government . low $ 1.2653.


Source link