Forex Analysis & Reviews: 13.10.2020 - Stocks Europe declined while...

13.10.2020 03:44 PM

Stocks Europe declined while Asia traded multidirectional

There was no unity in the dynamics of the movement of the major stock indexes in the Asian stock exchanges on Tuesday morning. All of them went on different sides ahead of the new reporting season.

Japan's Nikkei 225 Index rose 0.23%.

China's Shanghai Composite Index, on the other hand, fell 0.23%. The Hong Kong stock indicator is undefined today as the stock exchange is closed due to bad weather conditions, squally winds, and the threat of a hurricane.

Nevertheless, the statistics on growth in this region are quite good. The level of exports in China in terms of US dollars jumped by 9.9% for the first month of autumn this year. It is particularly significant that the increase is recorded for the fourth consecutive month. This time, the initial estimates almost coincided with the real figures: an average growth of 10% was expected.

The level of imports in the country also increased by 13.2% in September compared to the same period last year. This happened for the first time after two months of falling indicators. This increase was very rapid, since, according to the initial estimates, the growth was not expected to exceed 0.3%.

South Korea's Kospi Index went down 0.18%.

Australia's S&P/ASX 200 index is up 1.04% on Tuesday. Investors were encouraged by the fact that the restrictive measures imposed on travel between countries within the region are gradually being lifted, as new cases of coronavirus infection are becoming fewer.

Meanwhile, there is a negative mood on the European stock exchanges as major stock indexes are losing ground before the publication of new statistics in the US.

The general index of large enterprises in the European region Stoxx Europe 600 fell 0.15%, which moved it to 372.43 points.

The UK's FTSE 100 fell 0.4%. The German DAX index fell 0.27%. France's CAC 40 index fell 0.31%. Italy's FTSE MIB Index parted from 0.2%. Spain's IBEX 35 Index sank 0.23%.

The UK's FTSE 100 index fell 0.4%. Germany's DAX index also sank 0.27%. So was France's CAC 40 index by 0.31%. Index Italy's FTSE MIB has gained 0.2%. While Spain's IBEX 35 index sank 0.23%.

American companies will start publishing their financial statements for the third quarter of this year starting Tuesday. According to the expectations of market participants, the main indicators should exceed the levels of previous periods and be much higher than the initial estimates. Most of all, investors are concerned about changes in companies in the technology sector.

Moreover, the main threat to market stability continues to put pressure on stock indicators. The cases of coronavirus infection in Europe is growing at a fairly rapid pace. With each passing day, there are more restrictive measures are implemented in order to contain the spread of the virus, which, of course, does not please investors. In addition, clinical trials of the COVID-19 vaccine, which were conducted by Johnson & Johnson, were stopped indefinitely due to the unexpected detection of the disease in one of the test patients. The etiology of which has not yet been established.

Some statistics in the region were also ambiguous. The level of consumer prices in Germany finally entered the framework of EU standards. In September, there was a reduction of 0.4% in the indicator on an annualized basis.

The unemployment rate in the UK increased by 4.5% for the three summer months, as evidenced by the revision of previously published data. Initial estimates expect the growth will not exceed 4.3%.

你今天已经点赞上这篇文章了

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。

If you have any content questions, please contact editorial-board@instaforex.com

News

该作者的更多文章

EURUSD

Euro vs US Dollar

选择时间框架

分钟

小时

天

周

开始交易

通过InstaForex赚取加密货币汇率变动的收益。

下载MetaTrader 4并开启您的第一笔交易。

推荐文章

4月9日美國市場新聞摘要

多米諾效應：美國關稅衝擊市場，投資者拋售美元與債券

「黃金」預測：黃金價格將達到 $3,500，$3,700——越來越高？

市場如同坐過山車：道瓊指數暴跌，黃金上漲，特朗普使投資者緊張不安

4月8日美國市場新聞摘要

市場動盪：道瓊大跌、黃金飆升、特朗普增添緊張

貿易戰：S&P 500 暴跌 3%，日經指數暴跌 6%，投資者面對最壞情況做好準備

美國市場新聞摘要 - 4月7日

美國對決全世界：川普關稅引發市場從華爾街到歐洲崩跌

4月4日美國市場新聞摘要

Top analytics