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Asian equities and US dollar dip lower February 19, 2021SharePrint Asian equities ease with Wall Street Wall Street fell again overnight, as bullish momentum temporarily ebbs, spurring investors to lighten risk. The S&P 500 lost 0.44%, the Nasdaq slipped 0.72%, and the Dow Jones eased by 0.44%. US index futures have continued a downward trajectory this morning, with all three major indices lower by around 0.35%. The US malaise has spilt over into Asian markets, which are tracking lower today. The Nikkei 225 has fallen 1.25%, with the Kospi down 0.70%. Mainland China’s Shanghai Composite is 0.60% lower, with the CSI 300 falling 0.75%. The Hang Seng is down 1.05%. Much the same pattern is repeating regionally, with Singapore down 1.30%, Thailand down 0.70% with Jakarta 0.05% lower. Only Malaysia is bucking the trend, climbing 0.15%. Australian markets are enduring a tough day, with the ASX 200 and All Ordinaries down 1.40%. ....
US dollar rises on higher yields - MarketPulse marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.
US dollar under pressure - MarketPulse marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.
2/15/2021 4:28:54 AM GMT | By Dhwani Mehta According to the latest trade data published by the Indonesian Statistics Bureau, the country posted a bigger-than-expected trade surplus in January but both imports and exports disappointed. Indonesia reported a trade surplus of $1.96 billion vs. $1.68 billion expected and $2.10 billion previous. The imports and exports came in at -6.49% and12.24% respectively vs. -2.77% and -13.59% expectations and -0.47% and +14.63% respective priors. FX implications USD/IDR sits at fresh one-month lows of 13,896.50 on mixed Trade Balance data. The cross sheds 0.48% on a daily basis. About Indonesia’s Trade Balance The Trade Balance released by Statistics Indonesia is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. If a steady demand in exchange for Indonesian exports is see ....
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