The Nikkei 225 Future is trading at 22,710.00 with a loss of -0.04% percent or -10.00 point .The NSE Nifty Future is trading at 11,007.00 up with +0.30% percent or +33.45 point. The Hang Seng Future is trading at 28,195.00 up with +0.58% percent or +163.00 point.
TODAY’S FACTORS AND EVENTS
Asian stocks were mixed Friday in the wake of the weakness in the U.S. markets following comments from President Donald Trump that he wants the Federal Reserve to back off of its tight monetary policy regime.
Trump told CNBC that he is not “thrilled” that the Fed is hiking interest rates because he feels that it puts the U.S. at a disadvantage with central banks Europe and Japan maintaining loose monetary policy.
“Because we go up and every time you go up they want to raise rates again. I don’t really – I am not happy about it. But at the same time I’m letting them do what they feel is best,” he said.
PREVIOUS DAY ACTIVITY
For the day the Dow is trading at 25,064.50 with a loss of -0.53% percent or -134.79 point. The S&P 500 is trading at 2,804.49 with a loss of -0.40% percent or -11.13 point. The Nasdaq Composite is trading at 7,825.30 with a loss of -0.37% percent or -29.15 point.
In other parts of world, Japan’s Nikkei 225 is trading at22,697.88 with a loss of -0.29% percent or -66.80 point. Hong Kong’s Hang Seng is trading at 28,223.93 up with +0.76% percent or +213.07 point. China’s Shanghai Composite is trading at 2,829.27 up with +2.05% percent or +56.73 point. India’s BSE Sensex is trading at 36,457.64 up with + 0.29% percent or +103.70 point at 12:15 PM.