Asian stocks are weak on the kick-off as COVID-19 cases increase
Oil is high in October 2018 and the market is in the US. Provides profitability for infrastructure.
Asian Stokes Weak on Monday, China markets were steady, with an increase in COVID-19 cases affecting investor sentiment over the weekend while oil rose 2-1 / 2 years.
Asian stocks of MSCI in Japan were weak at 702.57, while Australian shares were down 0.2%.
Investors are worried about the increase in COVID-19 cases in Asia. The great population of Sydney in the city of Australia locked up the Delta strain.
Locking expands Malaysia, but Indonesia records more cases of COVID-19 cases. Thailand, Bangkok, and other provinces announced new restrictions.
Shares of China are up 300 points 0.2%. The weekend data show of profit growth is declining again.
The location in China on Wednesday is very cautious about official factory activities related to investors. Production is expected to fall from 51 to 50.7. Preparation of the case will come in BMI week.
1.2 trillion after the eight-year infrastructure plan, of which $ 579 billion for new spending.
The U.S. Investors are closely watching President Biden’s bilateral infrastructure deal. Renewable and electronic vehicle infrastructure investment is on the rise.
Asian stocks are opening up in October 2018 on rising oil prices. OPEC sends to the crude market in early August.
Brent futures are up 12 cents at $76.30 c. Crude added 13 cents to $ 74.18.
On Friday the S&P will increase from 500 to 2.7% per week. Beginning in February, it was the weekly gains that pushed inflation higher than expectations for May, allaying fears that the Federal Reserve would suddenly tap the stimulus.
The Dow rose to 0.7%. Technology-heavy Nasdaq fell 0.06% after hitting a previous session record.
The U.S. Employment Report is released later this week. This has been shown in strong labor demand.
Benchmark closed on yields for the 10-year U.S. Treasury rose more than 1.50% and closed one week.
Boston Federal Reserve Chairman Eric Rosenkren on Friday said creating low-interest rate-linked financial stability risks could lead to another downturn, which could hamper the recovery of the labor market and prevent a return to maximum employment.
In currencies, the US dollar strengthened slightly to 91.846 against other currencies.
The Japanese yen weakened to 110.65 against the greenback and the euro 19 to 1.1925.
One dollar of gold fell 0.4 percent to $ 1,771.9 an ounce.