Friday, February 3, 2023
Forex Broker News
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers

    VastWealth Review

    Stockscale Review

    Fibinex.io Review

    Homefx-Plus Review

    StockHome.io Review

    LegacyFX Review

    Crypto Dock Review

    City Index Review

    Forex.com Review

  • Broker Types
  • Forex & Fintech Jobs
  • News
No Result
View All Result
  • Home
  • Forex Broker Reviews
    • All
    • Preferred Brokers
    • Regulated Brokers
    • Unregulated Brokers

    VastWealth Review

    Stockscale Review

    Fibinex.io Review

    Homefx-Plus Review

    StockHome.io Review

    LegacyFX Review

    Crypto Dock Review

    City Index Review

    Forex.com Review

  • Broker Types
  • Forex & Fintech Jobs
  • News
No Result
View All Result
Forex Broker News
No Result
View All Result
Home News Forex Broker News fpmarkets

Australian market expected to open lower 13/12/19

 

OPENING CALL: The Australian share market is expected to open higher. The SPI200 futures contract expected to open up 29 points.

 

U.S. negotiators offered to slash existing tariffs on Chinese imports and cancel new levies if Beijing agrees to boost purchases, intellectual-property protection and increase access to China’s financial-services sector.  

 

Facebook will pay $130 million to establish an independent board charged with reviewing the company’s content moderating, providing long-term backing to its experiment in better policing the platform.  

 

ADVERTISEMENT

Overnight Summary

 

Market Quotes by TradingView

 

Each Market in Focus

 

Australian Market
 
Australian shares reversed the previous session’s gains, as the heavily-weighted big banks led broad losses.  
 
The S&P/ASX 200 settled 0.7% lower at 6708.8, and is now little changed so far this week. Only the materials subindex advanced, edging up 0.1%. The four big banks lost ground, with Westpac down 1.2% after it held its annual general meeting in the wake of a money-laundering scandal.  
Telstra dropped 2.1%, weighing on the telecom sector. Bucking the trend, Charter Hall gained 4.7% after lifting its earnings guidance and unveiling that it had spent A$1.25 billion on acquisitions.  
 
US Market

 The Dow Jones Industrial Average rose 197 points, or 0.7%. The S&P 500 gained 0.7%, while the Nasdaq Composite advanced 0.5%.  
 

All three indexes hit intraday records after Mr. Trump’s tweet, before paring gains. The S&P 500 was on track to close at a new all-time high.  
The president’s comments came ahead of a Sunday deadline when a fresh round of tariffs are set to go into effect on roughly $156 billion of Chinese goods.  

 

 
Commodities
 
Gold prices ended lower as President Donald Trump’s tweet that a trade deal with China is near rallied the stock market, dulling demand for the haven metal.  
 
Oil Futures
 
Oil futures settled higher, nearly recouping all losses from a day earlier, following a tweet from President Donald Trump that hinted the U.S. was close to a trade deal with China.  
 
West Texas Intermediate crude for January delivery picked up 42 cents, or 0.7%, to settle at $59.18 a barrel on the New York Mercantile Exchange, after trading as high as $59.72.
 
Forex

EUR/GBP rises 0.4% to 0.8473, having earlier hit a one-week high of 0.8493, while GBP/USD declines 0.5% to 1.3132.  

The WSJ Dollar Index, which measures the U.S. currency against a basket of 16 others, edged higher to 90.35 from 90.27 Wednesday.

European Markets

The FTSE 100 gained 0.8%, outpacing other European markets, while the pound fell 0.9% against the dollar.  

Politicians in both the major political parties are signaling an end to years of constrained fiscal policy as the country prepares to exit from the European Union, and the vote results will play a crucial role in determining the course of Brexit.

Meanwhile, the European Central Bank under its new President Christine Lagarde left interest rates unchanged at minus 0.5%, a day after the U.S. Federal Reserve also held rates steady.  The benchmark Stoxx Europe 600 gained 0.3%.  

Asian Markets
 
Hong Kong stocks ended higher following the U.S. Fed’s indication it could tolerate higher inflation, which may help keep global rates low and support Hong Kong’s stock market. The Hang Seng Index closed 1.3% up at 26994.14.  
 
Japanese stocks end mixed, helped by gains in electronics stocks, while financial stocks weighed. Financial stocks fell after the Fed signaled it was unlikely to raise rates soon. Nomura Holdings dropped 1.0%. Nikkei Stock Average ended up 0.1% at 23424.81, while the broader market index Topix ended down 0.1% at 1712.83
 
South Korean shares ended the session higher as construction companies and electronic makers buoyed the market. The benchmark Kospi closed 1.5% higher at 2137.35.

The post Australian market expected to open lower 13/12/19 appeared first on FP Markets.

Share196Tweet123ShareSend

Related Posts

fpmarkets

Customer Relationship Officer – Polish

November 26, 2022
fpmarkets

China – Marketing Manager

November 18, 2022
fpmarkets

Iress Clients Margin Changes

November 9, 2022
fpmarkets

Customer Relationship Officer – Vietnamese

November 8, 2022
fpmarkets

Australian market expected to open lower 31/12/19

November 5, 2022
fpmarkets

Australian market expected to open lower 30/12/19

November 5, 2022

Select one of the Best Forex Brokers for your Trading  |  Read the Reviews

VastWealth Review

Stockscale Review

Fibinex.io Review

Homefx-Plus Review

StockHome.io Review

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 65-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money. forexbroker.news is an affiliated partner with various Forex brokers and may be compensated for referred Forex traders.

Risk Disclosure: Forexbroker.news assumes no liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and forex signals. Operations in the international foreign exchange market contain high levels of risk. Forex trading may not be suitable for all investors. speculating only the money you can afford to lose. Forexbroker.news remind you that the data contained in this website is not necessarily real-time and may not be accurate. All stock prices, indexes, futures are indicative and not appropriate for trading. Thus, Forexbroker.news assumes no responsibility for any trading losses you might incur as a result of using this data.You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Disclaimer: It is our organization's primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While ForexBroker.News has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by ForexBroker.News, nor shall it bias our reviews, analysis, and opinions.

  • Privacy Policy
  • Contact US
  • Terms of use,

Copyright © 2020 forexbroker.news

No Result
View All Result
  • Home
  • Forex Broker Reviews
  • Broker Types
  • Forex & Fintech Jobs
  • News

© 2020 https://forexbroker.news - Forex Broker news & magazine