With loss moved the asian stock markets today, after the new economic data for the united states …increased even more the expectations for an increase of american interest rates by the Federal Reserve in December.
It is recalled that the demand for consumer durables in rose in October at the fastest pace of the year, in a sign that the american manufacturing sector has begun to stabilize.
But the figures for consumer confidence in November proved to be better estimates of analysts, a sign that the Americans have continued to feel more optimistic in the final stretch for the presidential elections and after the surprise victory of Donald Trump.
In Australia, the S&P/ASX 200 remained almost unchanged, while in Hong Kong the Hang Seng index fell by 0.3% and the Kospi in South Korea lost of 0.8%. On the contrary, the japanese Nikkei boosted by 0.9%, finding support in the fall of the yen, which makes it more competitive exports of the country.
At the same time, yesterday were announced and the Fed minutes from the meeting of November, which showed that officials agreed that an increase in interest rates “relatively soon” may be the appropriate option. The minutes showed that several officials were worried about the possibility of economic recovery be put at risk if the central bank is long overdue increase of interest rates.
In oil, a stand-off has kept the contract of crude in asian trade ahead of a meeting of the countries members of the OPEC in Vienna.
Source
Losses in Asia with the “look” of the Fed
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