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5 Aug 2013
Asian bourses show mixed results
FXstreet (Chicago) – Asian bourses indicated mixed feelings among market participants as major indices revealed sundry data.
As a reflection of blurry perceptions towards the Fed stance and China, the Hang Seng has gained 0.14% since opening, mostly due to relatively positive Chinese Services PMI data at 51.3. Similarly, the Shanghai Composite is up 0.05% as journey advances. In Japan, the Nikkei has lost 0.97% led by disappointing industrial data.
The Australia ASX All Ordinaries is down 0.23%. Relative strength against the dollar revealed how the Aussie has accumulated 0.47% losses against the greenback after retail sales data that unsuccessfully reached expectations as flat percentage revealed poor performance compared to an expected 0.4%.
As a reflection of blurry perceptions towards the Fed stance and China, the Hang Seng has gained 0.14% since opening, mostly due to relatively positive Chinese Services PMI data at 51.3. Similarly, the Shanghai Composite is up 0.05% as journey advances. In Japan, the Nikkei has lost 0.97% led by disappointing industrial data.
The Australia ASX All Ordinaries is down 0.23%. Relative strength against the dollar revealed how the Aussie has accumulated 0.47% losses against the greenback after retail sales data that unsuccessfully reached expectations as flat percentage revealed poor performance compared to an expected 0.4%.