{"id":27976,"date":"2018-08-28T11:49:21","date_gmt":"2018-08-28T06:19:21","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=27976"},"modified":"2018-08-28T11:53:27","modified_gmt":"2018-08-28T06:23:27","slug":"tuesday-28th-august-asian-markets-higher-on-us-mexico-trade-deal","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/tuesday-28th-august-asian-markets-higher-on-us-mexico-trade-deal\/","title":{"rendered":"Tuesday 28th August: Asian markets higher on US &#8211; Mexico trade deal"},"content":{"rendered":"<h4>\n\t<span style=\"font-size:14px;\"><strong>Global Markets:<\/strong><\/span><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size:14px;\">&middot;Asian Stock Markets : Nikkei up 0.41%, Shanghai Composite up 0.00%, Hang Seng up 0.26%, ASX up 0.63%<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">&middot;Commodities : Gold at $1215.60 (-0.03%), Silver at $14.83 (-0.20%), Brent Oil at $76.48 (-0.03%), WTI Oil at $68.85 (-0.03%)<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">&middot;Rates : US 10-year yield at 2.851, UK 10-year yield at 1.274, Germany 10-year yield at 0.376<\/span>\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong><span style=\"font-size:14px;\">News &amp; Data:<\/span><\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t(EUR) German Ifo Business Climate 103.8 vs 101.9 expected\n\t<\/li>\n<li>\n\t\tPBOC lifts yuan mid-point by most in nearly 15 months, largely matching forecasts\n\t<\/li>\n<li>\n\t\tThe Trifecta Effect Keeps Hammering the US Dollar\n\t<\/li>\n<li>\n\t\tTrudeau, Trump have &#39;constructive conversation&#39; on trade, according to Canadian government\n\t<\/li>\n<\/ul>\n<h4>\n\t<strong><span style=\"font-size:14px;\">Markets Update:<\/span><\/strong><br \/>\n<\/h4>\n<p>\n\t<span style=\"font-size:14px;\">Asian stock markets are in positive territory on Tuesday amid optimism that global trade tensions are easing after the U.S. and Mexico reached a new trade agreement that is intended to replace the North American Free Trade Agreement. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">President Donald Trump also indicated the U.S. would soon begin negotiations with Canada, but suggested that any agreement could be a separate deal. The Japanese market is rising, extending its winning streak after the overnight gains on Wall Street following news that the U.S. and Mexico have reached a new trade agreement. In addition, a weaker yen lifted exporters&#39; shares. <\/span>\n<\/p>\n<p>\n\t<span style=\"font-size:14px;\">Over in the Greater China markets, Hong Kong&#39;s Hang Seng index was in positive territory in early trade, up by 0.26 percent &ndash; after gaining as much as 0.8 percent. In contrast, mainland Chinese stocks traded in relatively cautious territory. The Shanghai composite and the Shenzhen composite traded largely flat.<\/span>\n<\/p>\n<h3>\n\t<span style=\"font-size:14px;\">The dollar index paused near one-month lows against major currencies to stand at 94.84. Against the yen, the greenback held at 111.28. The euro was near a one-month top at $1.1680. The Australian dollar, which is often used as a liquid hedge for global growth, was a tad lower at $0.7331<\/span><br \/>\n<\/h3>\n<h4>\n\t<strong><span style=\"font-size: 14px;\">Upcoming Events:<\/span><\/strong><br \/>\n<\/h4>\n<ul>\n<li>\n\t\t<span style=\"font-size: 14px;\">08:00&nbsp;PM GMT &#8211; (EUR)&nbsp;<\/span>M3 Money Supply y\/y\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">12:30 PM GMT &#8211; (USD)&nbsp;Goods Trade Balance<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">02:00 PM GMT &#8211; (USD) CB Consumer Confidence<\/span>\n\t<\/li>\n<li>\n\t\t<span style=\"font-size:14px;\">02:00 PM GMT &#8211; (USD) Richmond Manufacturing Index<\/span>\n\t<\/li>\n<li style=\"margin: 0px 0px 2px; padding: 0px 0px 0px 18px; border: 0px; font-style: inherit; font-variant: inherit; font-weight: inherit; font-stretch: inherit; font-size: inherit; line-height: 18px; font-family: inherit; vertical-align: baseline; list-style-type: disc; background: none; position: relative;\">\n\t\t<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: inherit; vertical-align: baseline; color: rgb(0, 114, 188); text-decoration-line: none; outline: 0px;\">&amp;more&hellip;<\/a><\/span>\n\t<\/li>\n<\/ul>\n<p>\n\t&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: &middot;Asian Stock Markets : Nikkei up 0.41%, Shanghai Composite up 0.00%, Hang Seng up 0.26%, ASX up 0.63% &middot;Commodities : Gold at $1215.60 (-0.03%), Silver at $14.83 (-0.20%), Brent Oil at $76.48 (-0.03%), WTI Oil at $68.85 (-0.03%) &middot;Rates : US 10-year yield at 2.851, UK 10-year yield at 1.274, Germany 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/tuesday-28th-august-asian-markets-higher-on-us-mexico-trade-deal\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 28th August: Asian markets higher on US &#8211; Mexico trade deal<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":27965,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27976","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\/27976","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=27976"}],"version-history":[{"count":2,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/27976\/revisions"}],"predecessor-version":[{"id":27978,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/27976\/revisions\/27978"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/27965"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=27976"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=27976"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=27976"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}