Asian stocks recorded flat movements in trading this Monday morning. This is because investors are waiting for China to release the manufacturing Purchasing Managers’ Index (PMI) for November.
Quoting from CNBC, Monday (30/11/2020) in Japan, the Nikkei 225 shares rose 0.4% in early trading, while the Topix index fell 0.13%. South Korea’s Kospi was slightly higher. Meanwhile, stocks in Australia on the S & P / ASX 200 were flat and the MSCI Index for Asia Pacific shares outside Japan was also flat.
For information, China will announce the manufacturing PMI for November at around 09.00 Chinese time.
The stock market is also waiting on how HSBC shares in Hong Kong. HSBC is planning to leave US banks.
On the other hand, one of asian stocks market according to a report from the Ministry of Economy, Trade and Industry of Japan, Japanese retail sales rose 6.4% year-on-year in October.
The US dollar index is at 91,734 down from a reading above 92. The Japanese yen is trading at 104.04 per dollar after strengthening from levels above 104.4. The Australian dollar was up $ 0.7399, from $ 0.732 in the previous week.
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