Trading Review: Current Reports, Trends, Indices, Stocks, Bonds, Forex and Commodities and Analyst Recommendations
Trading on the Asian stock markets is taking place this morning in a mixed trend, with the Nikkei up 0.7% and the Hang Seng index up 0.1%, but in Shanghai there is a slight decline and the Shenzhen index is down 0.4%.
In Tokyo stands out the share of ANA Holdings (controlled by Nippon) which lost 5% in the second largest trading volume in the Nikkei index, after announcing that it would raise $ 1.3 billion, with part of the proceeds to be used to fund its new aviation unit. The company reported to the Japanese Stock Exchange that it would issue 10-year convertible bonds to raise the amount.
The crypto market is stable, with only slight ups and downs. Bitcoin is trading up 1% for $ 57.1 thousand, the ether is stable at around $ 4,277.
The European Central Bank will publish the minutes of the last monetary policy meeting this afternoon. Last night, the minutes of the meeting of the Fed’s open markets committee were published, which show that the committee members are considering accelerating the reduction of the quantitative easing program, against the background of rising inflation in the US.
There will be no trading on Wall Street today for Thanksgiving. Tomorrow, Black Friday, the US stock exchanges will work for half a day and close at 20:00 Israel time. Yesterday a mixed lock was recorded in New York. The Dow Jones maintained stability while the Nasdaq climbed about 0.4%. The yield on 10-year US government bonds fell slightly to about 1.64%.
Due to the holiday today, bi-weekly macro data in the US were released yesterday, including data on initial unemployment benefit claims filed last week. The number of claims was about 199,000, the lowest level since 1969. Economists expected about 260,000 claims.