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 down by 1.42% at