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Market Talk – December 17, 2020 | Armstrong Economics

NIKKEI 225 increased 49.27 points or 0.18% to 26,806.67 Shanghai increased 37.89 points or 1.13% to 3,404.87 Hang Seng increased 218.09 points or 0.82% to 26,678.38 ASX 200 increased 77.50 points or 1.16% to 6,756.70 Kospi decreased 1.36 points or -0.05% to 2,770.43 SENSEX increased 223.88 points or 0.48% to 46,890.34 Nifty50 increased 58.00 points or 0.42% to 13,740.70 The major Asian currency markets had a mixed day today: AUDUSD increased 0.00502 or 0.66% to 0.76189 NZDUSD increased 0.00374 or 0.53% to 0.71460 USDJPY decreased 036 or -0.35% to 103.12 USDCNY increased 0.00448 or 0.07% to 6.51408 Precious Metals: Silver increased 0.517 USD/t. oz or 2.04% to 25.853 Some economic news from last night: Japan: Foreign Investments in Japanese Stocks increased from 42.3B to 159.9B Singapore: Non-Oil Exports (MoM) (Nov) increased from -5.40% to 3.80% Trade Balance decreased from 4.350B to 3.930B

Market Talk – December 15, 2020 | Armstrong Economics

Spread the love ASIA: China’s economic recovery broadened in November as both retail sales and industrial production growth accelerated, data released on Tuesday showed. Retail sales, a key indicator of consumption trends in the world’s most populous nation, grew by 5.0 percent from a year earlier, marking the fourth successive month of expansion. The November growth rate was the highest since reaching 8.0 percent in December 2019. Industrial production, a gauge of manufacturing, mining and utilities output in the Chinese economy, grew by 7.0 percent from a year earlier, up slightly from 6.9 percent in October. Analysts had predicted a growth of 7.0 percent.

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