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Current Market Update

Monday, 9 February 2015



Here are the latest trading levels for Asia's major stock markets: 

Tokyo (Nikkei Average NIK, +0.23% ) up 0.3% 

 Hong Kong (Hang Seng Index HSI, -0.46% ) down 0.4% 

 Shanghai (Shanghai Composite Index SHCOMP, +0.30% ) up 0.3% (at break) 

 Sydney (S&P/ASX 200 XJO, -0.50% ) down 0.6% 

 Seoul (Kospi SEU, -0.29% ) down 0.2% 

 Mumbai (Sensex 1, -0.88% ) down 0.5% 

 Taipei (Taiex Y9999, -0.33% ) down 0.2%


Asian Market Update



Most Asian markets slipped Monday after another batch of poor Chinese data added to fears about the Asian economic giant, while a strong US jobs report fuelled expectations the Federal Reserve will bring forward an interest rate hike.

Oil prices advanced after last week enjoying their best weekly gains in four years, while traders are watching events in Europe as Greece's new anti-austerity government prepares to meet its creditors.

Tokyo edged up 0.19 per cent by the break as the yen softened against the dollar in reaction to the US jobs data. But Hong Kong eased 0.61 per cent, Shanghai lost 0.40 per cent and Seoul shed 0.39 per cent. Sydney, which jumped more than 10 per cent during a 12-day winning streak, dipped 0.44 per cent.


KLSE Malaysia Opening Market Update



MALAYSIA share prices opened higher on Monday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 4.27 points to 1815.62.

Volume was 42.1 million lots worth RM19.4 million.

Gainers outnumbered losers 104 to 47.

U.S. stocks slip Friday, but still score solid weekly gains

Saturday, 7 February 2015

U.S. stocks finished lower Friday as investors shrugged off a strong jobs report, which had provided a lift earlier in the day, and turned to fresh concerns about Greece.

The S&P 500 SPX, -0.34%  fell 7.05 points, or 0.3%, to close at 2,055.47 on Friday, according to preliminary FactSet data. That left the benchmark up 3% for the week, representing its largest weekly gain since mid-December, though it’s down 0.2% for the year.



Dollar index soars Friday, but ends week lower

The ICE U.S. Dollar Index ended the week lower Friday as the gains that followed January payrolls data failed to offset the euro’s strength from earlier in the week.

The dollar USDJPY, +1.37% soared to ¥119.17 after the report, its highest level against the Japanese currency in a month. It traded at ¥117.54 late Thursday in New York.

The euro traded EURUSD, -1.41%  at $1.1315 after surrendering all of its massive gains from Thursday’s session. The shared currency traded at $1.1467 Thursday evening.

 The pound GBPUSD, -0.55%  traded at $1.5248, compared with $1.5322 Thursday.

The dollar index DXY, +1.13%  , a measure of the dollar’s strength against a trade-weighted basket of six rival currencies, was up 1% to 94.6980, its highest level in a week.