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Dołączył: 03 Wrz 2020 Posty: 68 Skąd: fhhx
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Wysłany: Pon Lis 30, 2020 09:45 Temat postu: Asian stocks fell a break from record-breaking months. |
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Most of the Asia-Pacific stocks fell on Monday morning, taking a break from the record-breaking month as November approached.The market is overbought and risks pausing in the short term. However, we are now in a strong period of the season and investors are not reducing the chances of a strong recovery next year in growth and profit due to the stimulus package combined with vaccines AMP (OTC: AMLTF) Head of Strategy. Investments, Shane Oliver told Reuters.Positive Chinese production data and hope for a recovery in the COVID-19 vaccine-driven economy, as well as the possibility of more central bank stimulus, have helped calm concerns about COVID-19 in the short term. down
China's โปรโมชั่น slotxo Shanghai Composite was up 1.13% by 11:04 AM ET (03:04 AM GMT), while the Shenzhen Component was down 0.41%, previously released data showed the Purchasing Managers Index (PMI). Manufacturing grew 52.1% in November, higher than Investing.com's 51.5% growth forecast and October's 51.4% reading.Non-manufacturing PMIs were also better than expected, with 56.4% gaining in the month. November compared with the forecast 56% and the 56.2% for October.US-China tensions are on the rise again as President Donald Trump's administration increases. Semiconductor Manufacturing International Corp and China National Offshore Oil Corp are listed on the list of blacklisted Chinese military companies.
Hong Kong's Hang Seng Index was down 0.18%. Schools across the city took a break at the beginning of Christmas after the government shut down. Hong Kong saw 115 cases of COVID-19 daily on Sunday.Japan's Nikkei 225 was up 0.01 percent, with industrial production growing 3.8 percent month-to-month in October, according to data released earlier that day. That figure, however, was slightly lower than the 3.9 percent growth in September.South Korea's KOSPI was down 0.29% and in Australia, the ASX 200 was down 0.71%, the Reserve Bank of Australia will meet on Tuesday to make policy.
Meanwhile, global stocks rose 13% as November approached. Recent positive news about the development of the COVID-19 vaccine has raised hopes of a global economic recovery and investor confidence, despite the ongoing production and delivery challenges. Goldman Sachs (NYSE: GS) also expects the majority of the population in developed countries to be vaccinated by mid-2021 and drive global growth.As long as the trajectory in the economic data is needed to improve, there is room for cyclical areas to perform better those cyclical areas are likely to benefit from
the environment we are working on. After more vaccinations and normalization, "AMP Capital Investors Ltd. multi-asset fund manager Nader Naeimi told Bloomberg.Federal Reserve Chairman Jerome Powell is due to testify before Congress on Tuesday and Wednesday. US labor market data, including Markit's composite PMI, will also be due this week. |
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Wysłany: Pon Lis 30, 2020 09:45 Temat postu: |
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