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Raw materials: Gold touches $ 3K as iron ore and crude oil stable
Commodity markets delivered a mixed performance in the midst of trade tensions and shifting dynamics for the supply of supply.
- Gold stated 2.55% in the week ending on March 14 and hit a record high of $ 3.005 before he returned to end the week at $ 2,984. Fear of an American recession induced by rate stimulated the demand for safe port activa.
- IJzerert prices fell 0.16% to $ 759, because investors considered the impact of steel rates on request.
- Crude oil collapsed 0.03% higher to $ 67.23 as falling gasoline inventories and softer than expected raw stocks supported the current price levels.
ASX 200 extends the losing stripe to four weeks
The ASX 200 fell by 1.99% in the week that ended on March 14, which marked its fourth consecutive weekly loss.
American steel and aluminum rates and potential full American trade wars with the EU and China influenced risk assets. News that Australia would not receive exemptions from the American aluminum and steel rates added to the negative sentiment.
The constant retreat of the Nasdaq weighed on technical shares, while the rate and American recession problems weigh on bank shares.
- The S&P/ASX All Technology Index tumbled 4.95%.
- The banking sector: the Commonwealth Bank of Australia (SMEs) fell by 4.13%, while Westpac Banking Corp (WBC) fell by 3.14%.
- Gold stocks: In the meantime, Northern Star Resources (NST) rose by 3.77% on the increase in gold prices.
Nikkei -Index edges edges higher on Yen -Weakness
A weaker Japanese yen strengthened the demand for Japanese shares, because the USD/JPY rose by 0.40% to close the week at 148,618. A softer yen increases Japanese business income by making export more competitive.
- Tokyo Electron (8035) won 1.73% in the week ending on March 14, while Softbank Group (9984) fell 1.47% in the midst of the sale of the American technology sector
- Bank stocks led the profit on the expectations of a more Havel -like Boj rate path. Mitsubishi UFJ Financial Group collected 4.06%, with Sumitomo Mitsui Financial Group increasing 3.01%.
Market front views: Important events to view
The coming week will be crucial for the Asian markets. Economic data, central banking maneuvers and rate developments will be points for attention. Important events include:
- American rates: Trump’s shifting attitude remains an important risk factor for the global markets. Further policy shifts will influence the sentiment of investors.
- China Statistics and Beijing Stimulus: Crucial economic data from China can influence stimulation expectations and risk sentiment on 17 March. Stimulus measures To stimulate domestic consumption, the tariff risks can further reduce, to support the demand for shares of HK and on fasting on fasting on fasting on fasting the mainland.
- US Federal Reserve and Bank of Japan Interest rate decisions: The Fed and the BoJ will announce interest rates and provide forward guidelines this week. Divergence of monetary policy can affect the USD/JPY, so that the threat of a Yen Carry Trade can be abandoned undesirably.
With economic uncertainty and market volatility that maintain, traders must closely follow global macro -economic trends and policy shifts here to effectively navigate risks.