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Trading on the Asian Stock Exchange mixed

Money2 min čitanja
Trading on the Asian Stock Exchange mixed

In the Asian-Pacific markets thursday were traded on Thursday because the Chinese Central Bank retained interest rates for stable, after the US central bank retained the reference rates unchanged during the night.

Australian S & P / ASX 200 traded 1.02% more.

South Korean Kospa climbed by 0.28%, while small KOSDAQ rose 0.55%.

The Hang Seng index in Hong Kong fell 1.36%, and the CSI has dropped 0.17% after China retained its key interest rates on loans unchanged while peking tries to support and stabilize their currency in the midst of growing trade frequencies.

The National Bank of China has maintained a one-year basic interest rate to 3.1%, and the five-year LPR to 3.6%, where they were reduction for the quarter percentage in October.

Japanese markets were closed for the holidays.

Federal reserves have maintained interest rates stable to 4.25% to 4.5% on Wednesday, at the same time signaling that they predict two reductions later during the year. Their economic projection also envisions an increase in inflation and reduce economic growth.

The President of the Fed Jerome Powell also noticed that, although economists estimate the probability of the recession, a serious decline is not probable. Feds The decision comes in the background of all stronger tensions between the United States and its key trade partners, the SEEbiz reports.

The futures of American shares have changed a little after the three main average rose because Fed retained its prospects for two reductions in interest this year.

The three main American indices closed on the rise. The S & P 500 index managed to pull most of the falls from the end of February which took the reference value briefly into the correction area. The Dow Jones Industrial Average climbed 383,32 points, or 0.92%, and closed at 41,964.63. The S & P 500 jumped 1.08% to 5675.29, and NASDAQ Composite 1.41% to 17750.79.

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