State of the market: Asian stock indices opened with decline

Trading on the Asian-Pacific trading session  opened with stock indices decline in the region on Thursday. Negative driver of trading was the decline in the indices of China and Australia, that is caused by the persistence of risks of the US and China trade confrontation. The dynamics of the currencies of this region remains very low-key, except for the New Zealand dollar, it was supported by data on GDP growth in New Zealand.

The Japanese yen and safe harbor assets received support with the decline in stock indices. The US dollar remains near the support level of 94.50, limiting itself to a downward trend. Support levels: 94.30 and 94.00, resistance: 94.70 and 94.80.

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Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

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