|Day's range||27,745.85 - 28,294.74|
|52-week range||26,663.25 - 33,484.08|
After regaining strength last week, China’s Shanghai Composite Index started this week on a weaker note and declined in the first four trading days. Carrying forward the weakness, the Shanghai Composite Index opened lower on Friday and regained strength as the day progressed. The Shanghai Composite Index rebounded on Friday and recovered most of the losses incurred this week.
While the Loonie is on for a move later today, with inflation and retail sales figures expected to support a more hawkish BoC, trade war jitters will continue to grab the headlines, with stats elsewhere on the lighter side through the day.
Asian shares came under pressure on Friday as the yuan weakened further, with investors also digesting U.S. President Donald Trump's Fed criticism.
Stocks shifted lower Thursday. On the Dow, American Express, Traveler's and IBM reported Q2 results. Cisco gained on Amazon news, and markets looked toward DOJ hearings on auto tariffs.
China’s Shanghai Composite Index started this week on a weaker note and declined in the first three trading days of the week. The Shanghai Composite Index opened higher on July 19. However, the index lost strength as the day progressed and closed lower.
Employment numbers give the Aussie Dollar a boost as focus shifts to today’s stats out of the UK. Another set of weak numbers and the Pound could be looking at sub-$1.30 levels, progress on Brexit doing few favors.
Morgan Stanley, United Continental and railroad CSX were among Wednesday's early earnings beats, but a rising dollar and pending testimony from Fed Chief Powell kept early trade in check.
China’s Shanghai Composite Index closed higher last week and broke the seven-week losing streak. However, the Shanghai Composite Index started this week on a weaker note and declined in the first two trading days amid the weak market sentiment. The Shanghai Composite Index opened slightly higher on July 18, lost strength as the day progressed, and closed the day at one-week low price levels.
Shares of smartphone maker Xiaomi rose after the Hong Kong exchange said it would work with its mainland counterparts on moving toward including companies with weighted voting rights in the stock connect program.
Upward momentum in the Dollar resumed following Powell’s testimony on Tuesday, with today’s testimony and noise from the Oval Office likely to influence, with inflation numbers out of the UK to hit the Pound.
Asian shares rose, tracking gains seen on Wall Street amid earnings season news and following upbeat remarks from Federal Reserve Chairman Jerome Powell.
Netflix led tech stocks lower early Tuesday as Johnson & Johnson, Goldman Sachs and UnitedHealth Group reported and markets looked toward Senate testimony from Fed Chief Powell.
After closing higher last week, China’s Shanghai Composite Index started this week on a weaker note by pulling back on Monday. Carrying forward the weakness, the Shanghai Composite Index opened lower on July 17 and declined as the day progressed.
Key stats out of the UK over the next few days could reinforce an August rate hike by the BoE, while FED Chair Powell may need to elaborate on possible effects of the trade war in the economy and policy.
Asian stocks were mixed on Tuesday, with Japan gaining amid the weaker yen and China markets overnight extending losses.
China’s Shanghai Composite Index closed higher last week and broke the seven-week losing streak. However, the Shanghai Composite Index opened lower and declined as the day progressed on Monday amid the weak market sentiment.
Softer economic growth in China weighed on risk appetite early in the day, with the U.S – Russia Summit, trade tariff chatter and U.S retail sales figures in focus through the day.
Asian stocks slipped on Monday as investors digested the release of a barrage of China economic data, shrugging off the gains seen stateside in the previous session.
China's stock exchanges said on Saturday they would not expand their stock connect scheme with Hong Kong to foreign firms, companies with different voting right structures and so-called "stapled" securities. The exchanges were responding to a move in May to include the three types of securities in Hong Kong's Hang Seng Composite Index starting from the third quarter of this year. The Shanghai stock exchange said in a statement it reached the decision after consulting with domestic brokerages.
China’s Shanghai Composite Index regained strength on Thursday and rose to two-week high price levels. However, the Shanghai Composite Index opened lower on Friday and closed the day with limited losses. The Shanghai Composite Index closed this week with a gain of 3.07%—the biggest weekly gain in two years.
While risk appetite returns to the markets, the Dollar looks to have found its some upside in the early part of the day, though it could all change should sentiment towards trade tariffs take another turn.
Stocks were off to a strong start Thursday, as the tone improved in U.S. trade war and NATO rhetoric. Airlines rallied on Delta Air earnings. CA spiked on takeover news.
China’s Shanghai Composite Index pulled back on Wednesday and broke the three-day gaining streak. Carrying forward the weakness, the Shanghai Composite Index opened lower on July 12. However, the Shanghai Composite Index regained strength as the day progressed and closed at two-week high price levels on Thursday.
Further to “ Xiaomi/Chinese IPOs: cell division ” (Lex, July 10): the compiler of the Hang Seng index has offered a reason as to why Xiaomi is not a sell. Its shares will be included into the index through ...