STOCKMARKET TRADING SIGNALS FOREX CURRENCY TRADING NEWS SPRE
- 06:00
Overnight, US markets managed to move into positive territory late in the session. This was despite mixed economic reads, a fluctuating US dollar, and renewed concerns over further possible tightening in China after stronger-than-expected inflation data.
The S&P 500, NASDAQ and Dow Jones Industrial Average were all firmer by 0.4%, with the S&P 500 hitting a 17-month closing high.
In Asia, regional markets are mixed this Friday after reasonable, yet uninspiring leads from the US and amidst fresh concerns over further tightening of fiscal policy in China. At around 05:00, the Nikkei 225 is the best performer, up 0.6%. The Shanghai Composite and Kospi are flat, and the Hang Seng is 0.2% weaker.
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