Search This Blog

Thursday 27 August 2020

Asian Indices

 Asian stocks looked poised to build on gains that pushed global equities to a record high amid rising expectations for loose monetary policy and positive U.S. economic data. The dollar weakened and gold climbed. Futures edged higher in Japan, Hong Kong and Australia. Surging technology shares pushed the S&P 500 and Nasdaq Composite indexes to fresh highs for a fourth consecutive day, while the MSCI All-Country World Index climbed to a record. U.S. durable goods orders were more than double estimates, indicating factories will help support the economic rebound in coming months. Treasuries were steady. The offshore yuan traded at the highest since January amid fresh U.S.-China tensions. Elsewhere, crude traded near its highest in five months as Hurricane Laura bore down on key refining facilities on the U.S. Gulf Coast.

No comments:

Post a Comment

SLL -- Short Term

SHORT TERM CALL Buy Suven Life Sciences Cmp 63 SL Below 55 Tgt 66 / 69 / 72 / 75 / 78++ In Coming Days..