Chinese shares dropped on weak Japan's exports

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Hang Seng Index plunged on Wednesday on speculation that China's government is planning to expand property tax. Moreover, dismal Japan's trade balance data, showing that exports to China dropped sharply in July, added pressure on Chinese blue chips index. The Hang Seng Index sank 1.06% to trade at 19,887.78. All sectors included in the index tumbled. Basic materials and oil and gas companies created the strongest pressure on the China's stock index. China Coal and PetroChina were among the top-losers, declining by 2.76% and 2.33%. Property developers also weighted down on Hang Seng Index on real estate tax concerns. Cheung Kong Holdings, China Resources Land and Sino Land slumped 0.13%, 1.19% and 1.34%, respectively.

 

Back to articles

Actual Topics

Wed, 22 Aug 2012 12:34:50 GMT

Oil declines amid supply risk

Oil fell from its three-day high close in London as worries that demand will ease added signs of declining supply in the U.S. Oil tumbled 1% as Japan's trade deficit rose more-than-expected  amid euro-debt crisis and a slowdown in China's exports. On Wednesday, October-delivery Brent oil fell $1.05 and traded at $113.59 per barrel in London. In New York, October-settlement

Wed, 22 Aug 2012 13:17:09 GMT

Indian CPI continue to decelerate

Consumer price index in India rose at the slowest pace in four months in July, said the Central Statistical Office on Tuesday.  Nation's CPI increased by 9.86 per cent from a previous year, after jumping 9.93% in June.  In the meanwhile, the Indian Central bank left the benchmark interest rate unchanged in the previous month in order to prevent inflation risks.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.