Reply To: Traders Market Weekly: Fear and Greed in Las Vegas.


Equity indices in the Asia-Pacific region ended the midweek session on a higher note with chip stocks continuing their show of strength from Tuesday.

Japan’s Nikkei: +2.4%,
Hong Kong’s Hang Seng: +2.2%,
China’s Shanghai Composite: +0.8%,
India’s Sensex: +0.2%,
South Korea’s Kospi: +2.0%,
Australia’s ASX All Ordinaries: UNCH.

February Corporate Services Price Index 2.3% yr/yr (expected 2.1%; last 2.2%)
Former Japanese currency official Mitsuhiro said that officials are close to intervening in the foreign exchange market if the yen sees continued weakness against the dollar.
Japan’s cabinet office maintained its overall economic assessment in the April report.

South Korea
April Consumer Confidence 100.7 (last 100.7)

Q1 CPI 1.0% qtr/qtr (expected 0.8%; last 0.6%); 3.6% yr/yr (expected 3.4%; last 4.1%)

New Zealand
March trade surplus NZD588 mln (expected deficit of NZD505 mln; last deficit of NZD315 mln)