Tuesday, February 7, 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 23/12/19

 

OPENING CALL: The Australian share market is expected to open lower. The SPI200 futures contract expected to open down 26 points.

 

U.S. stocks have soared this year, due in part to a shift to lower interest rates and to signs of progress in trade negotiations. The S&P 500 has advanced 29% in 2019, while the technology-heavy Nasdaq Composite has jumped 34%. 

 

 

South Korea’s benchmark Kospi index ended the session 0.4% higher at 2204.18, the highest closing in over seven months. Tech firms and industrial stocks led the index higher.

ADVERTISEMENT

Overnight Summary

 

Market Quotes by TradingView

 

Each Market in Focus

 

Australian Market

Australia’s S&P/ASX 200 index closed 0.3% lower at 6816.3 as weakness in energy stocks offset a strong performance by some big miners.  

Friday’s fall meant the ASX 200’s weekly gain was capped at 1.1%, with yesterday’s unexpectedly strong jobs data failing to fire positive sentiment in local equities.  

Among energy stocks, Woodside Petroleum fell 1.2% and Oil Search dropped 0.3%. However, Rio Tinto gained 1.4% and Newcrest rose 1.9%, among the miners. One of the strongest rises was Cimic’s 3.2% advance after it settled a class-action lawsuit and separately said its CPB Contractors business had secured three contracts from Rio Tinto.  

US Market

The S&P 500 and the Dow Jones Industrial Average are on pace to close the week up more than 1%, while the Nasdaq Composite is on track for a weekly gain of more than 2%.  

In trading Friday, the S&P 500 added 0.6%, and the Dow Jones Industrial Average climbed 0.4%. If the Nasdaq Composite holds on to its daily gains, which recently stood at 0.4%,

 
Commodities

The gold futures price fell by US$3.50 or 0.2% to US$1,474.70 an ounce. Spot gold was trading near US$1,478 an ounce in late US trade. Iron ore fell by US$2.30 or 2.5% to US$90.90 a tonne on oversupply concerns.

Oil Futures

Oil futures finished sharply lower, with declines accelerating after a weekly report on drilling rigs showed a big increase.  

West Texas Intermediate crude for February delivery , the U.S. benchmark grade, fell 74 cents, or 1.2%, to trade at $60.44 a barrel on the New York Mercantile Exchange, after gaining 0.5% on Thursday, when it marked its highest settlement since Sept. 16, according to Dow Jones Market Data.

Forex

The dollar edged higher, continuing a trend from recent sessions as it tries to bounce back from declines earlier in the month. Starting late last month, the dollar underperformed as investors grew more optimistic about the economic outlook outside of the U.S. But the WSJ Dollar Index settled higher at 90.59, up from 90.45 Thursday and 90.15 at its recent low point on Monday.  

European Markets

European stocks traded higher after an upbeat start to trading on Wall Street. The Stoxx Europe 600 gained 0.8% and the CAC-40 and DAX both advanced 0.7% though the FTSE 100 only increased by 0.1% as sterling rose.  

The pound made modest gains against the euro and the dollar after U.K. lawmakers approved the EU Withdrawal Agreement Bill.  

Asian Markets

Hong Kong’s benchmark Hang Seng Index closed 0.3% higher at 27871.35, helped by shares in property and consumer firms. Wharf Real Estate Investment rose 2.8%, China Overseas Land & Investment was 2.1% higher and China Resources Land gained 1.5%.

Among consumer stocks, Want Want China rose 1.5% and China Mengniu Dairy was up 1.0%. Bank stocks were mixed, with Bank of China up 0.3% and China Construction Bank down 0.3%. The markets are likely to be quiet ahead of the holiday season.  

Japanese stocks ended down, weighed on by falls in electronics stocks as investors look for fresh trading cues. Electric-motor maker Nidec lost 2.2%, as did industrial-robot manufacturer Fanuc, while the Nikkei Stock Average slid 0.2% to 23816.63.  

India’s benchmark Sensex eked out miniscule gains to close at a fresh record high of 41681.54 amid mixed Asian markets. However, losers outnumbered gainers 17-to-13 in the 30-share index.

 

The post Australian market expected to open lower 23/12/19 appeared first on FP Markets.

Share197Tweet123ShareSend

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