Asia opens mostly higher after Fed's meeting

2020-07-30 07:45:28 GMT (Economies.com)
Asia opens mostly higher after Fed's meeting

Gold futures opened mixed but mostly higher, with Japan mixed, while China, Australia, New Zealand, and South Korea gained ground, following the Fed's meeting yesterday. 

 

Earlier Japanese data showed retail sales rose 13.1% m/m in June, besting estimates of 7.1%, while falling 1.2% y/y, compared to a 12.5% tumble in May. 

 

Earlier New Zealand data showed building permits up 0.5% in June, down sharply from 41.7% in May. 

 

Australia's building permits fell 4.9%, compared to a 15.8% tumble in June, while import prices fell 1.9%. 

 

The Federal Reserve just voted to maintain rates at near zero while asserting it's ready to use all available tools to bolster the economy against the pandemic.

 

Japan's TOPEX fell 0.21% to 1,545, while Japan's Nikkei 225 climbed 0.05% to 22,408. 

 

China's CSI 300 rose 0.17% to 4,686, while Shanghai rose 0.24% to 3,302. 

 

Hong Kong's Hang Seng rose 0.97%, while South Korea's KOSPI rose 0.20% to 2,267. 

 

New Zealand's NZX 50 rose 0.64%, while Australia's S&P/ASX 200 rose 0.75% to 6,051. 

 
 
 
  Symbol Last Change Chg.%
1.1840
0.0130
1.1067%
1.3105
0.0090
0.6934%
Tadawul
7499.97
10.08
0.13%
28.730
4.483
18.489%
41.785
1.350
3.339%
44.66
-0.48
1.06%
2063.380
94.025
4.774%
 
 
US
 
Europe
 
Asia