The result of stock trading in a number of major exchanges in Asia today tend to stagnate. Though the news emerged that China's exports rose, but Asian investors seemed cautious response to the report.
At the end of the transaction Wednesday afternoon local time, Japan's Nikkei 225 index remained at the level of 10568.03, as well as the Hang Seng index in Hong Kong have moved from 21215.50. South Korean stock index moved flat. In India's market, stock index rose only 0.6 percent, while in Australia, the index also tends to flat.
In fact, China's stock index slightly fell 0.5 percent to 3052.54. Whereas the positive reports in China show that the level of exports during February and climbed nearly 46 percent from the same period in previous year.
That percentage is more than previously thought. This should be good news, considering that China's economic re-excited. But investors appeared cautious response to the report.
Because, with the strengthening more than expected level of exports, China's government had no reason to consider tightening regulations to prevent that country's economic growth is not too fast (overheating).
For investors, such as tightening policies to curb the flow of bank credit, can actually reduce the level of import demand in China and this is a negative signal to exporters overseas when their country was still in the stage of economic recovery from recession.
"[Data] to strengthen the belief that government to perform the following steps tightening," said Andy Xie, an independent economist in Shanghai, China's government responded to reports today.
Meanwhile, in currency trading, the yen-dollar exchange rate, from 89.94 yen to 90.01 yen per dollar. While the euro-dollar exchange rate fixed to U.S. $ 1.3598 per euro.
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