Nikkei Futures Opening Update as on 21 May 2018

The Nikkei 225 Future is trading at 23,010.00 up with +0.35% percent or +80.00 point .The NSE Nifty Future is trading at 10,555.00 with a loss of -0.43%  percent or -45.15 point.  The Hang Seng Future is trading at 31,188.00 up with +0.95% percent or +292.00 point.

TODAY’S FACTORS AND EVENTS

Asian markets gained in early trading Monday, after fears of a trade war between the U.S. and China receded following weekend developments.

On Sunday morning, U.S. Treasury Secretary Steve Mnuchin said the Trump administration would delay implementing tariffs on Chinese goods, and would “put the trade war on hold” while details of a trade deal are worked out. U.S. trade representative Robert Lighthizer later said the U.S. may still impose tariffs. On Saturday, after high-level deliberations in Washington, China agreed to buy more U.S. goods, though its negotiators refused to put a dollar amount on it.

PREVIOUS DAY ACTIVITY

   
Asia  market were mixed on Friday. For the day Nikkei 225 is trading at 23,002.37 up with +0.31% percent or +72.01 point. the nifty closed at 10,526.00 with a loss of  -0.67% percent or -71.35 point. Hong Kong’s Hang Seng is trading at 31,261.60 up with +0.68% percent or  +212.56 point. 

WORLD MARKETS

For the day the Dow is trading at 24,715.09 up with +0.0045% percent or  +1.11 point. The S&P 500 is trading at 2,712.97  with a loss of -0.26% percent or  -7.16 point. The Nasdaq Composite is trading at 7,354.34 with a loss of -0.38% percent or -28.13 point

Other leading market index closes included the small-cap Russell 2000 Index closed at 1,626.63 up with +0.082% percent or +1.34 point; the S&P 600 Small-Cap Index closed at 1,002.57 up with +0.15% percent or +1.55 point; the S&P 400 Mid-Cap Index closed at 1,943.37  with a loss of -0.25% percent or  -4.91  point; the S&P 100 Index closed at 1,190.65 with a loss of  -0.33% percent or -3.93 point; the Russell 3000 Index closed at 1,613.48 with a loss of -0.21% percent or -3.33 point; the Russell 1000 Index closed at 1,505.70 with a loss of  -0.23% percent or  -3.48 point;