Forex Analysis & Reviews: 24.11.2022 - Asian indices show gains

Live Chat

InstaForex Loprais Team - Dakar rally的正式参与者

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

开户

另见

交易条件

外汇分析

图表

This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

Start as Beginner

如何开始交易

有用信息

Training and recordings

InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.

Become Investor

PAMM 系统

外汇跟单系统

被动投资

OYS 帐户

Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

Become Partner

主页

合作伙伴区域

同盟的优势

This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.

All Promo Campaigns

Bonuses

比赛

事件

Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.

Full details

论坛

我们在社交网络

外汇幽默

外汇门户

InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

Learn More

History

为什么选择我们

InstaSport

法规

公司新闻

奖项

InstaForex 明星

InstaForex 线下

Headquarters

关键文件

的社会责任

InstaForex洛普莱斯队 - 达喀尔拉力赛的正式参与者

24.11.2022 04:20 PM

Asian indices show gains

Asian stock indices were mostly up by 1.2%. The only exception was the Shanghai Composite index, which declined by 0.3%. Other indicators showed gains. The Shenzhen Composite and Australia's S&P/ASX 200 indices gained 0.2% and 0.24% respectively. Hong Kong's Hang Seng index added 0.8% and Korea's KOSPI increased by 0.96%. Japan's Nikkei 225 index soared by 1.12%.

As usual, Asian indices are following the US ones, which showed gains yesterday. This happened against the background of the release of the minutes of the US Federal Reserve meeting, during which most of the participants voted for monetary policy easing. Perhaps, already at the December meeting, the Fed may decide to raise the key rate by a smaller number of points than before.

Meanwhile, China is experiencing another severe outbreak of the coronavirus. Yesterday, there was a record number of cases in one day since the beginning of the pandemic. Restrictions are being reintroduced in some major cities of the country, and mass testing of citizens for COVID-19 will be carried out.

Investors are worried about the situation with the rise of cases in China, which will lead to new restrictions and slow down the growth of the country's economy.

Among Chinese companies traded on the Shanghai Exchange, Essence Information Technology, Co. showed the biggest drop, falling by 13.7%, Beijing Tricolor Technology, Co. lost 10%, and Zhejiang Baida Precision Manufacturing, Corp. dropped by 7.8%.

Meanwhile, on the stock exchange in Hong Kong, Country Garden Holdings, Co. Ltd. gained 20.4%, Longfor Group Holdings, Ltd. surged by 12.2%, as well as China Vanke, Co. soared by 8.4%. This was due to the announcement of individual banks in China about the possibility of opening new credit opportunities to developers.

At the same time. Xiaomi, Corp. fell by 3.6% due to the company's net loss and a 10% decline in revenue last quarter due to lower global demand for cell phones.

Among the components of the Japanese Nikkei 225 index, CyberAgent, Inc. gained 6.9%, Nippon Yusen K.K. added 6.1%, and Advantest, Corp. increased by 4.6%.

Meanwhile, the Bank of Korea decided to raise its key rate by 0.25% to 3.25% from 3%. This indicates a softening of monetary policy measures compared to the October increase of 0.5%.

At the same time, the regulator lowered its forecast for GDP growth in 2023 to 1.7% from the August forecast of 2.1%. The inflation forecast was revised from 3.7% to 3.6%. The forecasts for the current year remain the same: GDP growth is expected at 2.6%, and consumer price growth is at 5.1%.

Among the components of the Korean KOSPI, Samsung Electronics rose by 0.7% and Hyundai Motor jumped by 0.6%.

Components of the Australian S&P/ASX also showed gains, with BHP shares up 1.6% and Rio Tinto up 1.4%.

你今天已经点赞上这篇文章了

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。