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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/05/02

Asian Stocks Trade Mixed; Dollar Retains Advance: Markets Wrap


 

Stocks in Asia were mixed as investors assessed the latest commentary from the Federal Reserve, with trading volumes below average and holiday closures remaining in Japan and China. The dollar held its advance.Hong Kong equities edged higher with those in Seoul, while Australian stocks retreated. A weak reading on U.S. manufacturing and comments from Fed Chairman Jerome Powell that the central bank has no bias to either tighten or ease policy sparked a mixed response in markets. Treasury futures were steady after yields swung in the wake of Powell’s press conference. Earlier, the S&P 500 Index posted its biggest decline in almost six weeks. -  Bloomberg 


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