{"id":32995,"date":"2019-02-22T17:52:41","date_gmt":"2019-02-22T06:52:41","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=32995"},"modified":"2019-02-22T17:52:41","modified_gmt":"2019-02-22T06:52:41","slug":"friday-22nd-february-asian-markets-mixed-as-investors-look-into-trade-talks","status":"publish","type":"post","link":"https:\/\/icm-cn-asia.com\/blog\/friday-22nd-february-asian-markets-mixed-as-investors-look-into-trade-talks\/","title":{"rendered":"Friday 22nd February: Asian markets mixed &#8211; as investors look into trade talks"},"content":{"rendered":"<h3><strong>Global Markets:<\/strong><\/h3>\n<ul>\n<li>Asian Stock Markets : Nikkei down 0.16%, Shanghai Composite up 1.46%, Hang Seng up 0.15%, ASX up 0.46%<\/li>\n<li>Commodities : Gold at $1327.55 (-0.02%), Silver at $15.81 (+0.04%), Brent Oil at $67.08 (+0.01%), WTI Oil at $57.00 (+0.07%)<\/li>\n<li>Rates : US 10-year yield at 2.682, UK 10-year yield at 1.202, Germany 10-year yield at 0.124<\/li>\n<\/ul>\n<h3><strong>News &amp; Data:<\/strong><\/h3>\n<ul>\n<li>(USD) Philly Fed Manufacturing Index -4.1 vs 14.1 expected<\/li>\n<li>(USD) Durable Goods Orders m\/m 1.20% vs 1.60% expected<\/li>\n<li>(USD) Core Durable Goods Orders m\/m 0.10% vs 0.30% expected<\/li>\n<li>(GBP) Public Sector Net Borrowing -15.8B vs -11.1B expected<\/li>\n<li>(EUR) Flash Services PMI 52.3 vs 51.4 expected<\/li>\n<li>(EUR) Flash Manufacturing PMI 49.2 vs 50.3 expected<\/li>\n<li>(EUR) German Flash Services PMI 55.1 vs 52.8 expected<\/li>\n<li>(EUR) German Flash Manufacturing PMI 47.6 vs 49.7 expected<\/li>\n<li>(EUR) French Flash Manufacturing PMI 51.4 vs 51 expected<\/li>\n<li>(EUR) French Flash Services PMI 49.8 vs 48.6 expected<\/li>\n<\/ul>\n<h3><strong>Markets Update:<\/strong><\/h3>\n<p>Shares in Asia were mixed on Friday as a deteriorating global economic outlook outweighed further signs of progress in trade talks between China and the United States.<\/p>\n<p>The Japanese market is declining after four straight days of gains following the losses on Wall Street as disappointing U.S. economic data raised concerns about a global economic slowdown. Mainland Chinese markets were trading higher. The Shanghai composite was higher by 1.5%, while the Shenzhen composite was higher by 1.7%. The Nikkei 225 in Japan slipped 0.2 percent in afternoon trade while the Topix declined 0.3 percent as shares of robot maker Fanuc fell around 0.3 percent. South Korea&#8217;s Kospi traded flat, as chipmaker SK Hynix saw its stock declining more 1 percent. In Australia, the ASX 200 advanced 0.46 percent in afternoon trade.<\/p>\n<p>The dollar index, which tracks the greenback against a basket of six major rivals, was steady at 96.602. The Australian dollar rebounded after tumbling more than 1 percent Thursday on a Reuters report that China&#8217;s northern port of Dalian has placed an indefinite ban on imports of Australian coal.<\/p>\n<p>U.S. crude gained 0.07 percent to $57.00 a barrel. Brent crude also gained 0.01 percent to $67.08. Gold rebounded after falling more than 1 percent on Thursday, with spot gold trading mostly flat at $1,327.55 per ounce<\/p>\n<h3><strong>Upcoming Events:<\/strong><\/h3>\n<ul>\n<li>10:00 AM GMT &#8211; (EUR) German Ifo Business Climate<\/li>\n<li>02:30 PM GMT &#8211; (CAD) Core Retail Sales m\/m<\/li>\n<li>02:30 PM GMT &#8211; (CAD) Retail Sales m\/m<\/li>\n<li>04:15 PM GMT &#8211; (USD) FOMC Member Williams Speaks<\/li>\n<li>04:30 PM GMT &#8211; (EUR) ECB President Draghi Speaks<\/li>\n<li>06:00 PM GMT &#8211; (USD) FOMC Member Clarida Speaks<\/li>\n<li>07:30 PM GMT &#8211; (USD) FOMC Member Bullard Speaks<\/li>\n<li>07:30 PM GMT &#8211; (USD) FOMC Member Quarles Speaks<\/li>\n<li>11:30 PM GMT &#8211; (USD) FOMC Member Williams Speaks<\/li>\n<li><a href=\"http:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">&amp;more&#8230;<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei down 0.16%, Shanghai Composite up 1.46%, Hang Seng up 0.15%, ASX up 0.46% Commodities : Gold at $1327.55 (-0.02%), Silver at $15.81 (+0.04%), Brent Oil at $67.08 (+0.01%), WTI Oil at $57.00 (+0.07%) Rates : US 10-year yield at 2.682, UK 10-year yield at 1.202, Germany 10-year yield &hellip; <a href=\"https:\/\/icm-cn-asia.com\/blog\/friday-22nd-february-asian-markets-mixed-as-investors-look-into-trade-talks\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Friday 22nd February: Asian markets mixed &#8211; as investors look into trade talks<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":32996,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[339],"tags":[],"class_list":["post-32995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/32995","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=32995"}],"version-history":[{"count":1,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/32995\/revisions"}],"predecessor-version":[{"id":32997,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/32995\/revisions\/32997"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/32996"}],"wp:attachment":[{"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=32995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=32995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icm-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=32995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}