{"id":26250,"date":"2018-04-25T11:34:22","date_gmt":"2018-04-25T06:04:22","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=26250"},"modified":"2018-04-25T11:35:16","modified_gmt":"2018-04-25T06:05:16","slug":"wednesday-25th-april-asian-markets-lower-on-costs-expansion-concerns","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/wednesday-25th-april-asian-markets-lower-on-costs-expansion-concerns\/","title":{"rendered":"Wednesday 25th April: Asian markets lower on costs expansion concerns"},"content":{"rendered":"<p>\n\t<span style=\"font-size:14px;\"><strong>Global Markets:<\/strong><\/span>\n<\/p>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">Asian Stock Markets : Nikkei down 0.30%, Shanghai Composite down 0.50%, Hang Seng down 1.14%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Commodities : Gold at $1328.40 (-0.35%), Silver at $16.66 (-0.29%), WTI Oil at $73.83 (-0.04%), Brent Oil at $67.66 (-0.06%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Rates : US 10-year yield at 3.000, UK 10-year yield at 1.528, Germany 10-year yield at 0.619<\/span>\n\t<\/li>\n<\/ul>\n<p>\n\t<span style=\"font-size:14px;\"><strong>News &amp; Data:<\/strong><\/span>\n<\/p>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">(USD) CB Consumer Confidence 128.7 vs 126 expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(GBP) Public Sector Net Borrowing -0.3B vs 1.1B expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">(EUR) German Ifo Business Climate 102.1 vs 102.7 expected<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">China&rsquo;s bonds emerge as the surprise sanctuary while the world&rsquo;s debt market retreats<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">Kyodo reporting comments from a ruling LDP party official in Japan has suggested dissolving the lower house is one option available to the party<\/span>\n\t<\/li>\n<\/ul>\n<p>\n\t<strong style=\"font-size: 14px;\">Markets Update:<\/strong>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Asian markets traded lower today, after last night&rsquo;s tech sell off on the Wall Street. The 10 year Treasury, which touched the psychological threshold of 3% yesterday &ndash; for the first time since January 2014 &#8211; still hovers around the same.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Nikkei has been recouping losses, supported by a weak yen. Chinese equities have also been weaker, with Hang Seng tech companies also losing out, following US volatility. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">While most companies have been posting above estimate earnings, investors seem to be spooked by the fact that their costs have also risen, thereby triggering fears of an earnings peak. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">ASX and NZX closed for ANZAC Day public holiday.<\/span>\n<\/p>\n<p>\n\t<span style=\"font-size: 14px;\">The dollar continues to trade stronger on major crosses. While the weekly API inventory was higher, oil showed little change.<\/span>\n<\/p>\n<p>\n\t<strong style=\"font-size: 14px;\">Upcoming Events:<\/strong>\n<\/p>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">02:30 PM GMT &#8211; (USD) Crude Oil Inventories<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">08:15 PM GMT &#8211; (CAD) BOC Gov Poloz Speaks<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\"><span style=\"font-size:14px;\"><span style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: 14px; line-height: inherit; font-family: inherit; vertical-align: baseline;\"><a href=\"https:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\" style=\"margin: 0px; padding: 0px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: inherit; font-family: inherit; vertical-align: baseline; color: rgb(0, 0, 0); text-decoration-line: none; outline: 0px;\">&amp;more&hellip;<\/a><\/span><\/span><\/span>\n\t<\/li>\n<\/ul>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei down 0.30%, Shanghai Composite down 0.50%, Hang Seng down 1.14% Commodities : Gold at $1328.40 (-0.35%), Silver at $16.66 (-0.29%), WTI Oil at $73.83 (-0.04%), Brent Oil at $67.66 (-0.06%) Rates : US 10-year yield at 3.000, UK 10-year yield at 1.528, Germany 10-year yield at 0.619 News &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/wednesday-25th-april-asian-markets-lower-on-costs-expansion-concerns\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Wednesday 25th April: Asian markets lower on costs expansion concerns<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":26243,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26250","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/26250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=26250"}],"version-history":[{"count":2,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/26250\/revisions"}],"predecessor-version":[{"id":26252,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/26250\/revisions\/26252"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/26243"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=26250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=26250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=26250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}