{"id":29187,"date":"2018-11-27T17:57:19","date_gmt":"2018-11-27T06:57:19","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=29187"},"modified":"2025-10-31T19:40:21","modified_gmt":"2025-10-31T08:40:21","slug":"tuesday-27th-november-asian-markets-put-up-a-brave-face-await-outcomes-of-trump-jinping-meet","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/tuesday-27th-november-asian-markets-put-up-a-brave-face-await-outcomes-of-trump-jinping-meet\/","title":{"rendered":"Tuesday 27th November: Asian markets put up a brave face &#8211; await outcomes of Trump Jinping meet."},"content":{"rendered":"<h2>\n\t<strong><span style=\"font-size:14px;\">Global Markets:<\/span><\/strong><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian Stock Markets : Nikkei up 0.81%, Shanghai Composite down 0.25%, Hang Seng down 0.34%, ASX up 1.00%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities : Gold at $1227.50 (-0.11%), Silver at $14.32 (-0.07%), Brent Oil at $60.26 (-0.50%), WTI Oil at $51.29 (-0.58%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates : US 10-year yield at 3.054, UK 10-year yield at 1.412, Germany 10-year yield at 0.358<\/span>\n\t<\/li>\n<\/ul>\n<h2>\n\t<strong><span style=\"font-size:14px;\">News &amp; Data:<\/span><\/strong><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(NZD) Trade Balance -1295M vs -850M expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(CNY) CB Leading Index m\/m 1.20% vs 1.00% previous<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) High Street Lending 39.7K vs 38.9K expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) German Ifo Business Climate 102 vs 102.3 expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Italy Deficit Target &#39;Almost Certainly&#39; To Be 2.2%: Messaggero<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">PBOC set the yuan reference rate at 6.9463<\/span>\n\t<\/li>\n<\/ul>\n<h2>\n\t<strong><span style=\"font-size:14px;\">Markets Update:<\/span><\/strong><br \/>\n<\/h2>\n<p>\n\t<span style=\"font-size:14px;\">Asian stock markets are mixed on Tuesday following the positive cues from Wall Street and a rebound in crude oil prices. Some of the markets have pared gains on worries about U.S.-China trade tensions after U.S. President Donald Trump said in an interview with the Wall Street Journal that it was &quot;highly unlikely&quot; he would delay an increase in tariffs on Chinese goods to 25 percent from 10 percent.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Greater China markets retraced most of their earlier losses: The Taiex, which measures the performance of aggregate listed stocks on the Taiwan stock exchange, traded near flat, after being down 0.7 percent. Hong Kong&#39;s Hang Seng Index is trading lower by 0.3%, while the Shanghai composite is down 0.25%. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Australia&#39;s benchmark ASX 200 see-sawed between gains and losses before jumping 1 percent late in the session. Japan&#39;s Nikkei 225 rose 0.8 percent, while the Topix index added 0.7 percent. South Korea&#39;s Kospi rose 0.8 percent.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">In commodity markets, oil prices laboured with record production by Saudi Arabia. Oil had climbed nearly 3 percent on Monday but that was seen as largely a technical correction after weeks of heavy losses, driven both by oversupply and demand worries.<a name=\"_GoBack\"><\/a><\/span>\n<\/p>\n<h2>\n\t<strong><span style=\"font-size:14px;\">Upcoming Events:<\/span><\/strong><br \/>\n<\/h2>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Tentative &#8211; (All) OPEC-JMMC Meetings<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">02:30 PM GMT &#8211; (USD) FOMC Member Clarida Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">04:00 PM GMT &#8211; (USD) CB Consumer Confidence<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:30 PM GMT &#8211; (USD) FOMC Member Bostic Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">09:00 PM GMT &#8211; (NZD) RBNZ Financial Stability Report<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">11:00 PM GMT &#8211; (NZD) RBNZ Gov Orr Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<a href=\"http:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\"><span style=\"font-size:14px;\">&amp;more&#8230;<\/span><\/a>\n\t<\/li>\n<\/ul>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei up 0.81%, Shanghai Composite down 0.25%, Hang Seng down 0.34%, ASX up 1.00% Commodities : Gold at $1227.50 (-0.11%), Silver at $14.32 (-0.07%), Brent Oil at $60.26 (-0.50%), WTI Oil at $51.29 (-0.58%) Rates : US 10-year yield at 3.054, UK 10-year yield at 1.412, Germany 10-year yield &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/tuesday-27th-november-asian-markets-put-up-a-brave-face-await-outcomes-of-trump-jinping-meet\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 27th November: Asian markets put up a brave face &#8211; await outcomes of Trump Jinping meet.<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":29188,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[340],"tags":[],"class_list":["post-29187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-posts"],"_links":{"self":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/29187","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=29187"}],"version-history":[{"count":1,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/29187\/revisions"}],"predecessor-version":[{"id":29189,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/29187\/revisions\/29189"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/29188"}],"wp:attachment":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=29187"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=29187"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=29187"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}