fbpx
High Leverage FX
  • Home
  • Market News
    • All
    • Economy
    • Forex
    • Markets
    • Opinion
    • Politics
    • Tech
    • World
    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account
High Leverage FX
  • Home
  • Market News
    • All
    • Economy
    • Forex
    • Markets
    • Opinion
    • Politics
    • Tech
    • World
    Asian equities could take a boost after strong gains seen on US equities

    Asian equities may trade on the back foot as traders took profits during Wall Street session

    USDMYR Technical Analysis

    USDMYR Technical Analysis

    Asian equities observe positive start as optimism on Wall Street echoes

    Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

    Asian equities could take a boost after strong gains seen on US equities

    Asian equities likely to trade within narrow range following volatile session on Wall Street

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

    Asian markets may experience volatility as global participants eagerly await significant upcoming events

  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account
High Leverage FX
No Result
View All Result
Home Market News Markets

Asia equities trading mixed while participants digesting latest Chinese PMIs

Anderson Alves by Anderson Alves
September 30, 2021
in Markets
Reading Time: 1 min read
0
Asia equities trading mixed while participants digesting latest Chinese PMIs

Photo by zhang kaiyv.

280
SHARES
6.1k
VIEWS
Share on FacebookShare on Twitter

Asia equities are trading mixed with the region indecisive on month/quarter-end and participants digesting the latest Chinese PMIs. China’s official manufacturing PMI unexpectedly shrank in September, printing 49.6 vs 50 expected. The National Bureau of Statistics (NBS) noted that the contraction in the headline print was driven by a slowdown in energy-intensive sectors, which isn’t a surprise given the well-documented and previously outlined headwinds for energy consumption due to limitations imposed by policymakers.

A bump economic recovery quarter for China and its peers might keep participants updating its 2021 and 2022 economic projections and portfolio allocations, impacting the asset price discovery as the recovery peak could be showing its claws.

On the radar for the session ahead, which is the last trading day of the quarter, traders will be patrolling the price action after China’s official and private PMI’s  releases. Also, on the combination of persistent risk aversion, month-/quarter-end demand for USD Dollars and equity/bond portfolio rebalancing. The Dollar Index was diverting attention, marking fresh year highs due to month-end demand. The impact was evident in broader FX markets, where the USD/JPY continued upside, rising above 112.00 momentarily. Central bank speaker events remain wild, with Fed’s Chair Powell speaking again. Traders will be looking for more tapering clues as Fed Williams, Bostic, Harker, Evans, and Bullard will be giving remarks after last week’s hawkish FOMC event.

Tags: Chinese PMIUS dollarUS Dollar indexUSD/JPY
Previous Post

USD/MYR, MYR/CNH Technical Analysis

Next Post

USDCAD Technical Analysis - Loonie Could Be About To Rally

Anderson Alves

Anderson Alves

Related Posts

Asian equities could take a boost after strong gains seen on US equities
Markets

Asian equities may trade on the back foot as traders took profits during Wall Street session

May 23, 2024
Asian equities observe positive start as optimism on Wall Street echoes
Markets

Asian equities could trade with negative bias reflecting caution awaiting Nvidia’s earnings report

May 23, 2024
Asian equities could take a boost after strong gains seen on US equities
Markets

Asian equities likely to trade within narrow range following volatile session on Wall Street

May 22, 2024
Asian markets may experience volatility as global participants eagerly await significant upcoming events
Markets

Asian markets may experience volatility as global participants eagerly await significant upcoming events

May 21, 2024
Asian equities might experience mixed trading due to profit-taking and anticipation of options expiry trades
Markets

Asian equities might experience mixed trading due to profit-taking and anticipation of options expiry trades

May 17, 2024
Asian equities may experience significant sell-off following the lead of the US
Markets

Asian equities likely to trade positively following significant rally in US stocks and bonds

May 16, 2024
Next Post
USDCAD Technical Analysis – Loonie Could Be About To Rally

USDCAD Technical Analysis - Loonie Could Be About To Rally

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Market Overview

Categories

  • Economy
  • Forex
  • Gadget
  • Markets
  • Opinion
  • Politics
  • RSS Feed
  • Startup
  • Tech
  • Trading Signals
  • Uncategorized
  • World

Site Navigation

  • Home
  • Market News
  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account
  • Home
  • Market News
  • Economic Calendar
  • About Us
  • Trading Signals
  • Free Demo Account

© 2019 High Leverage FX - All Rights Reserved.

No Result
View All Result
  • Home
  • Market News
    • Forex
    • Economy
    • Opinion
    • World
    • Markets
    • Politics
  • Economic Calendar
  • Trading Signals
  • About Us
  • Free Demo Account
[gtranslate]

© 2019 High Leverage FX - All Rights Reserved.