Today’s trading session in the Asian-Pacific region is of multidirectional nature. Japanese and Australian stock indexes are growing while Chinese, Korean and Honk Kong indexes are showing weakness.
MSI Asia Pacific gained 0,1%, thus reaching118,32 points even though during the early hours of the session it declined by 0,2%. Nikkei 225 (Japan) grew by 0,4% while S&P/ASX 200 (Australia) strengthened by 0,2%. Shanghai Composite (China) lost 0,% of its value while Kospi (South Korea) dropped 0,% down. Hang Seng (Hong Kong ) depreciated by 0,9%.
The stock of Toyota Motor Corp gained 3,3% due to higher sales in the USA in July (+26%).
Kyocera Corp’s stock appreciated by 6,7%, Mitsui Fudosan Co. gained 1,5 % while Kikkoman Corp dropped 5,4% down.
According to Masterforex-V Academy, the Japanese stock index failed to follow the British Pound towards new highs, thus confirming the supposition about the 5-wave pattern
Today, it will continue building wave [c]. However, we can already see the first signs of a triangle, which will be completed in the short run. After the triangle pattern is completed, the rally will resume.
GKFX: Updated “Market Depth” for MT4 – for Those who Want to Win
Go and conquer new dimensions of thinking. B. Werber
These days anyone may work at forex market. However, stable earning on a regular basis is only for those traders that are ready to “conquer new dimensions of thinking”, have adequate reaction to any changes at rapidly progressing markets, and remain cold-minded when taking informed decisions on the basis of thorough analysis.
It’s been almost 12 months since Facebook’s IPO. Most investors are still pondering whether they made a mistake by investing in Facebook’s stock. Some experts say that this was one of the most significant IPOs in the 21st century. However, many investors eventually suffered major losses since the IPO wasn’t successful.
Google and Microsoft are having disputes once again. This time it is all about the mobile version of YouTube. According to several internet sources, both the companies created mobile apps so that users could watch YouTube videos on Android-powered and Windows-powered smartphones.
Every trader strives for consistently profitable trade in most comfortable conditions. However, not every forex broker can satisfy trader’s needs. Only those companies that have a wealth of experience of work at financial markets possess considerable capital to support their clients’ investments and trade. They constantly innovate and improve trading conditions, thus being trusted by the community of traders and investors.
Barclays Capital experts say that the British Pound is about to see a period of weakness. They name 4 major factors that will contribute to the decline:
Firstly, the British Pound will be influenced by the pace of economic growth in the UK and the USA. They say that the current economic situation in Great Britain is even worse than overseas, simultaneously pointing out that the pace of the British economic recovery will yield to the US one.