{"id":37583,"date":"2019-11-19T16:45:53","date_gmt":"2019-11-19T05:45:53","guid":{"rendered":"https:\/\/www.icmarkets.com\/blog\/?p=37583"},"modified":"2019-11-19T16:45:53","modified_gmt":"2019-11-19T05:45:53","slug":"tuesday-19th-november-asian-markets-jittered-as-trade-deal-seems-elusive","status":"publish","type":"post","link":"https:\/\/ic-cn-asia.com\/blog\/tuesday-19th-november-asian-markets-jittered-as-trade-deal-seems-elusive\/","title":{"rendered":"Tuesday 19th November: Asian markets jittered as trade deal seems elusive"},"content":{"rendered":"<h3><strong>Global Markets:<\/strong><\/h3>\n<ul>\n<li>Asian Stock Markets : Nikkei down 0.39%, Shanghai Composite up 0.45%, Hang Seng up 1.00%, ASX up 0.70%<\/li>\n<li>Commodities : Gold at $1470.35 (-0.11%), Silver at $17.01 (+0.05%), Brent Oil at $62.35 (-0.14%), WTI Oil at $57.02 (-0.21%)<\/li>\n<li>Rates : US 10-year yield at 1.808, UK 10-year yield at 0.740, Germany 10-year yield at -0.337<\/li>\n<\/ul>\n<h3><strong>News &amp; Data:<\/strong><\/h3>\n<ul>\n<li>(NZD) PPI Output q\/q 1.00% vs 0.40% expected<\/li>\n<li>(NZD) PPI Input q\/q 0.90% vs 0.20% expected<\/li>\n<li>(USD) TIC Long-Term Purchases 49.5B vs 70.3B expected<\/li>\n<li>(AUD) CB Leading Index m\/m 0.20% vs 0.20% previous<\/li>\n<li>(USD) NAHB Housing Market Index 70 vs 71 expected<\/li>\n<li>(CNY) Foreign Direct Investment ytd\/y 6.60% vs 6.50% previous<\/li>\n<li>RBA minutes signal that the Board is in \u201cmonitoring\u201d mode<\/li>\n<li>BoJ Gov Kuroda: Possible For BoJ To Deepen Negative Rates Beyond -0.1%<\/li>\n<\/ul>\n<h3><strong>Markets Update:<\/strong><\/h3>\n<p>Asian stock markets are mostly higher on Tuesday following the modest gains overnight on Wall Street despite uncertainty over a U.S.-China trade deal.<\/p>\n<p>Investor sentiment was bolstered by news that the Trump administration has issued a new 90-day extension that will allow U.S. companies to continue doing business with Chinese telecom giant Huawei Technologies.<\/p>\n<p>Mainland Chinese stocks were higher by the afternoon. The Shenzhen component advanced 1 % while the Shanghai composite was 0.4% higher. Hong Kong\u2019s Hang Seng index also added 1%. Japan\u2019s Nikkei 225 shed 0.4% in afternoon trade, with shares of index heavyweight and robot maker Fanuc dropping more than 1%.<\/p>\n<p>The S&amp;P\/ASX 200 in Australia advanced 0.7%. Minutes from the Reserve Bank of Australia\u2019s (RBA) November meeting, where the central bank had kept the cash rate unchanged at 0.75%, were released earlier on Tuesday.<\/p>\n<p>The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 97.8, following a decline in recent days from levels around 98.4. Spot gold , which has been closely tracking the fortunes of the Sino-U.S. trade dispute, was flat at $1,470.35 per ounce.<\/p>\n<h3><strong>Upcoming Events:<\/strong><\/h3>\n<ul>\n<li>12:30 AM GMT &#8211; (AUD) Monetary Policy Meeting Minutes<\/li>\n<li>01:30 PM GMT &#8211; (CAD) Manufacturing Sales m\/m<\/li>\n<li>01:30 PM GMT &#8211; (USD) Building Permits<\/li>\n<li>02:00 PM GMT &#8211; (USD) FOMC Member Williams Speaks<\/li>\n<li>06:00 PM GMT &#8211; (CAD) Gov Council Member Wilkins Speaks<\/li>\n<li><a href=\"http:\/\/www.icmarkets.com\/education\/forex-news-and-calendar\/\">&amp;more&#8230;<\/a><\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: Asian Stock Markets : Nikkei down 0.39%, Shanghai Composite up 0.45%, Hang Seng up 1.00%, ASX up 0.70% Commodities : Gold at $1470.35 (-0.11%), Silver at $17.01 (+0.05%), Brent Oil at $62.35 (-0.14%), WTI Oil at $57.02 (-0.21%) Rates : US 10-year yield at 1.808, UK 10-year yield at 0.740, Germany 10-year yield &hellip; <a href=\"https:\/\/ic-cn-asia.com\/blog\/tuesday-19th-november-asian-markets-jittered-as-trade-deal-seems-elusive\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Tuesday 19th November: Asian markets jittered as trade deal seems elusive<\/span><\/a><\/p>\n","protected":false},"author":8,"featured_media":37584,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[339],"tags":[],"class_list":["post-37583","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recent-posts"],"_links":{"self":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37583","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/comments?post=37583"}],"version-history":[{"count":1,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37583\/revisions"}],"predecessor-version":[{"id":37585,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/posts\/37583\/revisions\/37585"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media\/37584"}],"wp:attachment":[{"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/media?parent=37583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/categories?post=37583"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ic-cn-asia.com\/blog\/wp-json\/wp\/v2\/tags?post=37583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}