Asian stocks traded in a mixed fashion over economic data
American markets were closed on Memorial Day.
Crude oil rose 0.98% to $66.97 a barrel.
Gold was up 0.14% to $1,907.95 per troy ounce.
The Dollar Index was down 0.18% at 89.830.
Asia and Australia
Japan225 fell 0.66% after data from the day revealed that Industrial Production for April grew 2.5% month-on-month topping March’s 1.7%.
HongKong45 was down 0.29%.
Down under, Australia200 edged down 0.14% ahead of Reserve Bank of Australia’s policy decision.
Stocks closed lower as investors focused on inflation data from some of the region’s biggest economies. Germany30 retreated from an all-time high hit last week, ending the day 0.7% lower. France40 was also around 0.7% lower, while Spain35 fell approx. 0.9%. The UK markets were closed on Spring Bank Holiday.
Brent oil went up 0.99% to $69.40 per barrel.
EUR/USD traded 0.31% higher at 1.2227.
Sources: cnbc.com, investing.com
This information is prepared for general circulation. It does not regard to the specific investment objectives, financial situation or the particular needs of any recipient.
You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.
This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent. Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of za.capex.com
JME Financial Services (Pty) Ltd trading as ZA.CAPEX.COM acts as intermediary between the investor and Magnasale Trading Ltd, the counterparty to the contract for difference purchased by the Investor via ZA.CAPEX.COM, authorised & regulated by the Cyprus Securities and Exchange Commission with license number 264/15. Magnasale Trading Ltd is the principal to the CFD purchased by investors.