Asian Stock Market: Subdued on firmer DXY, Shanghai reopens, China PMI outperforms
01.06.2022, 05:02

Asian Stock Market: Subdued on firmer DXY, Shanghai reopens, China PMI outperforms

  • Asian equities are trading mixed as DXY strengthens on hawkish Fed bets.
  • The re-opening of Shanghai after a two-month lockdown may bolster the economic activities.
  • Chinese equities have failed to capitalize on strong PMI numbers.

Markets in the Asian domain are displaying a subdued performance as the US dollar index (DXY) is performing stronger on expectations of a hawkish stance from the Federal Reserve (Fed) in its June monetary policy meeting. Higher price pressures have raised concerns over the aggregate demand in the US economy. To accelerate the growth prospects, the Fed will do whatever it takes to combat the galloping inflation.

For sure, the deployment of material quantitative measures will be required and elevation of interest rates at a quicker pace will be observed. Therefore, the DXY has regained its glory and is advancing higher. The DXY has touched an intraday high of 102.00.

At the press time, Japan’s Nikkei225 added 0.60%, China A50 eased 0.12%, Hang Seng tumbled 0.62% and the Nifty50 displayed at par performance.

Chinese equities are not performing well despite the re-opening of Shanghai after a two-month lockdown imposed by the Chinese administration to contain the spread of the Covid-19. The administration has withdrawn restrictions on the movement of men, materials, and machines, therefore investors could expect a rebound in the volume of economic activities. Also, the respective indices failed to capitalize on the upbeat Caixin Manufacturing PMI. The IHS Markit has reported the PMI data at 48.1, which has outperformed the consensus of 47 and the prior print of 46.

 

© 2000-2025. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik