Asian markets were little changed Thursday at the start of the session, after Wall Street rebounded and Japan announced miserable export data.
Nikkei from Japan
JP: NIK
declined slightly, while the Hong Kong Hang Seng Index
HK: HSI
put together a small Shanghai complex
CN: SHCOMP
increased 0.1% with Shenzhen Composite
CN: 399106
slipped 0.1%. South Korean kospi
KR: 180721
gains 0.5% and references to Taiwan
TW: Y9999
Singapore
SG: ITS
and Malaysia
MI: FBMKLCI
Pink. S & P / ASX 200 Australia
TO: XJO
it was off plan.
On Wednesday, Japan announced that its April exports fell nearly 22%, while imports fell 7%, the worst monthly record in more than a decade. Japan is the third largest economy in the world and went into recession in the first quarter due to closures related to the coronavirus.
Meanwhile, China is working to stimulate job losses due to the pandemic closings. It is estimated that up to 30% of Chinese urban workers have lost their jobs, Fitch Ratings said, and the Associated Press reported that the government was under pressure to get the economy back on track when the National People’s Congress took place. would meet.
US stock index futures fell Wednesday evening after the S&P 500 closed at a high 10 weeks earlier today. Dow Jones industrial average
United States United States: DJIA
advanced 369.04 points, or 1.5%, to finish at 24,575.90. The S&P 500
United States United States: SPX
It rose 48.67 points, or 1.7%, to end at 2,971.61, its highest level since March 6, according to Dow Jones Market Data. Composed of Nasdaq
United States USA: COMP
It rose 190.67 points, or 2.1%, closing at 9,375.78.
West Texas Intermediate Brut
United States United States: CLN20
increased more, just like crude Brent
UK: BRNN20
, the world benchmark.
The dollar
United States USA: USDJPY
slightly increased to 107.63 yen.