Asian markets were mixed Thursday after Wall Street advanced in response to an upbeat outlook for the US economy by the Federal Reserve, while Chinese trade growth picked up pace in June.
An indication from the Fed that it will keep interest rates at record lows well into next year kept downward pressure on the dollar.
Tokyo fell 0.24 per cent by lunch, Hong Kong climbed 0.28 per cent, Sydney was flat, Seoul gained 0.10 per cent and Shanghai added 0.20 per cent.Jakarta surged more than two per cent at the open on projections that the capital's popular Joko Widodo would win a close presidential election.
No comments:
Post a Comment