{"id":39303,"date":"2013-06-26T04:52:36","date_gmt":"2013-06-26T08:52:36","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=39303"},"modified":"2013-06-26T04:52:36","modified_gmt":"2013-06-26T08:52:36","slug":"asian-market-varies-after-us-data","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2013\/06\/26\/asian-market-varies-after-us-data\/","title":{"rendered":"Asian market varies after US data"},"content":{"rendered":"<p><strong>By <u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong> <\/p>\n<p>The Asian market were trading mixed on Wednesday, with the Shanghai Composite index opening at a negative territory, while the Australian and Hong Kong shares climbed overnight after the better-than-expected US data was released .<\/p>\n<p>The Japanese Nikkei 225 closed at 1.04% to 12,834.01, while the Topix index closed down at a low 0.9% to 1,069.28.<\/p>\n<p>Shanghai Composite slid 1.02% to 1.02% to 1,931.16 at 6:03am GMT, while in Hong Kong, the climbed 1.12% to 20,079.27 at the same time.<span id=\"more-2045\"><\/span><\/p>\n<p>The Australian S&amp;P\/ASX 200 gained 1.48% higher, closing at 4,724.70, while in South Korea; the Kospi index increased 0.16% at 1,783.45.<\/p>\n<p>The People\u2019s Bank of China (PBOC) said it would maintain the liquidity in the financial markets in order to stabilize the system where required, in a statement released on Tuesday.<\/p>\n<p>&#8220;We&#8217;ll closely monitor the change of liquidity within the banking system going forward, flexibly adjust liquidity management based on international payments and the liquidity demand-and-supply situation,&#8221; deputy head of the PBoC&#8217;s Shanghai branch Ling Tao said in a statement.<\/p>\n<p>The rate of the seven-day average repurchase rate closed at 7.44% higher on Tuesday. High borrowing costs in China\u2019s interbank markets is expected to decline by mid-July this year, according to analysts.<\/p>\n<p>Goldman Sachs changed its estimate for the Chinese economic growth for this year from 7.8% to 7.4%.<\/p>\n<p>Meanwhile in the U.S, the consumer confidence index climbed to 8.14 in June from its previous record of 76.2 in May, according to the Conference Board statement released on Tuesday.<\/p>\n<p>Durable goods booking in the US rose 3.6% in May to $231 billion, while the house markets made a 1.3% gain to 460,000 sold homes<\/p>\n<p>The post <a href=\"http:\/\/blog.hymarkets.com\/world-market-news\/asian-market-varies-after-us-data.html\">Asian market varies after US data<\/a> appeared first on <a href=\"http:\/\/blog.hymarkets.com\">| HY Markets Official blog<\/a>.<\/p>\n<p> Article provided by <strong><u><a href=\"http:\/\/blog.hymarkets.com\/\" target=\"_blank\">HY Markets Forex Blog<\/a><\/u><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By HY Markets Forex Blog The Asian market were trading mixed on Wednesday, with the Shanghai Composite index opening at a negative territory, while the Australian and Hong Kong shares climbed overnight after the better-than-expected US data was released . The Japanese Nikkei 225 closed at 1.04% to 12,834.01, while the Topix index closed down &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2013\/06\/26\/asian-market-varies-after-us-data\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Asian market varies after US data&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-39303","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39303","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=39303"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/39303\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=39303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=39303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=39303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}