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Showing posts with the label how to invest in indices

Asian Stocks Closed Flat in Thin Holiday Trade - Capital Street FX

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  THE NIKKEI 225 ROSE 1.16% TO 28542.11 ON THURSDAY. On Thursday Japan’s Nikkei stocks average ended higher, and COVID-19 lockdowns ended in major China trade partner Benchmarks declined in Tokyo, Sydney, and Shanghai, major Chinese cities closed due to coronavirus outbreaks, and Asian shares fell trading as the market was closed for good Friday The Hang Seng was up by 2.69% at 19362.45 and Hang Seng Tech Index was down by 1.29%. The 10-year U.S Treasury yield jumped to its next level in June. The 30-year Treasury rate closed at the highest level since 2014 Last Wednesday Asia- The pacific market was down as investors expect the Federal Reserve to give a summary of economic conditions, this is also known as Beige Book. Shanghai is up by 0.82% at 3262.05, and the TOPIX rose 0.19% to 1866.71, Chinese exporters increase by 7.1% in August and in the next month it increased by 18% almost 12.8%, The offshore Chinese yuan weakened to 6.99 % The  S&P/ASX 200  in Australia dow...

Index Dow Jones News & Technical Analysis - Capital Street Fx

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  FOLLOWING NEWS OF JOB LOSSES, DOW FUTURES DROP 200 POINTS, WITH DELL IN THE SPOTLIGHT. U.S. stocks are seen opening lower Monday, starting the new week on a negative note as investors awaited the release of more corporate earnings and an eagerly awaited speech from Federal Reserve Chair Jerome Powell.  The Dow futures contract was down 200 points, The main U.S. averages have had a hot start to the year, but closed lower on Friday after the robust U.S. jobs report prompted investors to reconsider how hawkish the Fed may need to be in its efforts to rein in inflation. The blue-chip Dow Jones Industrial Average closed almost 130 points, or 0.4% lower Friday, while the broad-based S&P 500 fell 1%, and the tech-heavy Nasdaq Composite ended 1.6% lower. There are a number of Fed policymakers due to speak this week, including New York Fed President John Williams, Minneapolis Fed President Neel Kashkari, and Atlanta Fed President Raphael Bostic, but the main focus will be on Powe...