24/04/2023
Today’s Announcements & News
Asia
According to Statistics Bureau data, Japan’s core inflation for March was 3.1%, unchanged from February. This resulted in lower Asian markets on Friday.
This is the second month in a row in which core inflation has been lower than the record high of 4.2% in January.
Central area Chinese business sectors drove misfortunes in the district as the Shenzhen Part shed 2.28%, shutting down at 11,450.43 and the Shanghai Composite dropped 1.95% to complete at 3,301,26.
In the final hour of trading, Hong Kong’s Hang Seng index markets lost 2.01%, while the Hang Seng Tech index lost 3.58%.
The Nikkei 225 lost 0.33 percent to close the day at 28,564.37, and the Topix lost 0.23 percent to close the day at 2,035.06. The S&P/ASX 200 in Australia ended 0.43 percent lower at 7,330.40.
The Kospi fell 0.73 percent to 2,544.4, while the Kosdaq suffered a larger loss of 1.91 percent and finished at 868.82.
United States
Investors looked at the most recent earnings results and were concerned that profits would be disappointing. As a result, the Dow Jones Industrial Average closed with little change on Friday and finished the week lower.
The 30-stock record added 22.34 focuses, or 0.07%, to end at 33,808.96, while the S&P 500
possibly managed with a 0.09% increase to settle at 4,133.52. The Nasdaq Composite finished the day at 12,072.46, up 0.11 percent.
The Dow Jones Industrial Average ended the week in the red, losing 0.23 percent, snapping a four-week winning streak. The tech-weighty Nasdaq saw the greatest downfall, falling 0.42%, while the S&P slipped 0.1%.
Commodity
On Friday, strong economic data from the Eurozone and Britain pushed oil prices up a little, but futures were on track for a weekly loss as interest rate uncertainty weighed.
Brent futures were trading at $81.77 a barrel, up 68 cents, or 0.8%. West Texas Moderate unrefined (WTI) was up 65 pennies, or 0.8%, at $78.02.
On Friday, strong economic data from the Eurozone and Britain pushed oil prices up a little, but futures were on track for a weekly loss as interest rate uncertainty weighed.
Brent futures were trading at $81.77 a barrel, up 68 cents, or 0.8%. At $78.02, West Texas Intermediate crude (WTI) gained 0.8%, or 65 cents, to $78.02.
The above analysis is only for the views of market researchers and is for reference only and is not regarded as a specific investment suggestion.
