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Free AccessTrending Top 5
Market News Topics
October 02, 2018 03:12 GMT
Hong Kong stocks have resumed trade on the...>
STOCKS
STOCKS: Hong Kong stocks have resumed trade on the back foot, following the
elongated holiday weekend, with the Hang Seng trading 1.5% lower last. The space
appears to be responding to rising China-US tensions in the South China Sea
coupled with negative comments from U.S. President Trump & some of his senior
admin officials over the short term prospect re: US-China trade discussions.
- Elsewhere the Nikkei 225 has shed 0.3%, as real estate and communication names
drag the index lower with JPY flows and the South China issue denting sentiment.
- The ASX 200 has shed 0.8% as health care names and financials lead the way
lower, with the big 4 banks continuing to hamper the broader index.
- The aforementioned South China Sea issue also weighed on U.S. index futures
which have recorded marginal losses at writing.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
To read the full story
Close
Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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