Free Trial

Stocks in Asia are mixed on Tuesday, the.....>

STOCKS
STOCKS: Stocks in Asia are mixed on Tuesday, the broad really seen in Asia-Pac
stocks taking a break. In Japan the Nikkei 225 is up 130 points at 23,845, the
index opened flat and ground higher throughout the session benefitting from a
weaker yen as USD/JPY rose 35 pips on the session to 110.89 after Japanese
FinMin Aso said that USD/JPY at 110.80 was not an issue, but did warn against
large FX moves. This is the first day in 6 that the yen has weakened against the
dollar. 9/11 sectors are in the green, led higher by Consumer Staples and
Consumer Discretionary after several analyst upgrades in the Consumer sector
ahead of earnings season.
- In Austrlaia the ASX200 is down 14 points at 6,063, bouncing off a session low
at 6,042. 8/11 sectors are in the red; Telecoms, Utilities and Energy are the
laggards. European shares provided a negative lead, US markets were closed for
MLK day yesterday. 
- In China the Shanghai Comp is up 10 points, the Hang Seng resumes its rally up
349 points and hitting the highest levels since 2015. US futures are in positive
territory as they return from the MLK day holiday.

To read the full story

Close

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.