The Nikkei 225 Future is trading at 23,523.00 up with +4.27% percent or +963.00 point .The NSE Nifty Future is trading at 11,320.80 up with +0.43% percent or +48.80 point. The Hang Seng Future is trading at 27,444.00 up with +0.09% percent or +24.50 point.
TODAY’S FACTORS AND EVENTS
Chinese shares fell on today after US President Donald Trump’s latest threats to escalate a trade war with China.
Last week, he said he could move “very soon” to impose tariffs on $200bn worth of products with taxes on another $267bn “ready to go on short notice”. That means virtually all of China’s US exports could become subject to duties.
In China, Hong Kong’s Hang Seng index slumped 1.4% to 26,606.75, while the Shanghai Composite was down 0.9% at 2,677.67.
Australia’s S&P/ASX 200 index was flat, while South Korea’s benchmark Kospi index rose 0.2%.
Japan’s benchmark Nikkei 225 was up 0.3% after revised data showed the economy growing at its fastest pace since 2016.
For the day the Dow is trading at 26,405.76 up with +0.61% percent or +158.80 point. The S&P 500 is trading at 2,907.95 up with +0.13% percent or +3.64 point. The Nasdaq Composite is trading at 7,950.04 with a loss of -0.076% percent or -6.07 point.
In other parts of world, Japan’s Nikkei 225 is trading at 23,674.93 up with +0.010% percent or +2.41 point. Hong Kong’s Hang Seng is trading at 27,400.85 with a loss of -0.024% percent or -6.52 point. China’s Shanghai Composite is trading at 2,728.33 with a loss of -0.092% percent or -2.53 point. India’s BSE Sensex is trading at 37,121.22 with a loss of -0.45% percent or -169.45 point at 12:15 PM.