Rose by 0.85% and Kospi climbed 0.4%.
China’s exports in March grew by 14.2% from March’s exports a year earlier. A 7.3% rise was expected. However, imports fell by 7.6%, compared to expectations of a 1.3% rise.
This week, the financial statements for the first quarter of the companies listed on Wall Street began publishing. Today, two major US banks, Wells Fargo and JPMorgan Chase, will report their results.
Trading in Asian stock exchanges was mixed this morning. Shanghai
And Hen Seng
(29,909.76 + 0.24%)
Lose about 0.4%, Nicky
(21,870.56 + 0.73%)
Rises by 0.5%, the ASX 200
(6,251.3 + 0.85%)
Is up about 0.6% and the supplement adds about 0.1%. Trading in the US closed slightly lower yesterday, with the Dow Jones falling -0.05%, the Nasdaq lost 0.2% and the S & P 500 closed unchanged. In Europe, the lock was up, with the exception of the FTSE which ended unchanged.
According to the Wall Street Journal, China has agreed to open its cloud computing business to foreign companies. This is part of the negotiations with the US over trade agreements.
Fast Retailing is up 7% in trading. The company, which holds the Uniqlo fashion brand, has announced it is lowering its annual profit outlook – yet earnings expectations still reflect record profits. The reason for the download is the hot weather, which hit winter clothing sales.
The real estate transaction you are (probably) is not familiar with: everything about combination deals
In the macro data, China’s export and import figures for March are expected to be published today. In addition, the European manufacturing production rate for March and the US import price index for March will also be published later in the day.
The travel co-operation company, Auber, published its public prospectus last night ahead of the offering of the unicorn with the highest value in the world. According to many reports, the company is targeting $ 120 billion, but the Wall Street Journal reported this week that the value could be $ 100 billion. The private market is valued at $ 72 billion. The issue is expected to take place in the coming weeks.