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Steel and chemical stocks fell while tech and battery shares rose. Foreign investors were net sellers while retail and institutional investors were net buyers. Financial stocks were mixed ahead of 3Q earnings releases later in the day.
Hong Kong's Hang Seng Index rose 0. Local markets likely rose in a technical rebound after the index suffered its biggest one-day decline since the global financial crisis. Meanwhile, investors appear worried that China's President Xi will now have a greater say in policy direction, with his new top leadership team packed by loyalists, said Yeap Jun Rong, market strategist at IG, in an email.
The Hang Seng Tech Index was up 1. Shares in mainland China were lower in early trading, with investors remaining wary following Monday's selloff in the wake of the Communist Party's national congress meeting. Beijing's emphasis "on the 'common prosperity' agenda leaves big corporates in the crosshairs, leading to further shunning of Chinese big tech companies on concerns that further follow-up in regulatory reforms could be" in the offing, IG analyst Yeap Jun Rong said.
The Shanghai Composite Index declined 0. For today, positive risk sentiment following Wall Street's gains overnight will probably have a positive spillover effect across most Asian countries and lift Asia ex-Japan currencies, said MUFG Bank currency analyst Sophia Ng in a research report. Better-than-expected U. Spot gold was up 0. Traders' attention will likely remain on the tight physical oil market amid constraints such as EU sanctions on Russian oil, ANZ analysts said in a note.
ANZ cites data showing that seaborne shipments of Russian oil fell to a five-week low in the seven days to Oct. The front-month WTI contract rose 0. Sponsor Center Transparency is our policy. Learn how it impacts everything we do.
Read More Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. How we make money We sell different types of products and services to both investment professionals and individual investors. Not within a year. See above. Help us improve our free forecast service with share! According to present data Advance Auto Parts's AAP shares and potentially its market environment have been in bearish cycle last 12 months if exists.
Currently there seems to be a trend where stocks in the Consumer Cyclical Retail Trade sector s are not very popular in this period. Our Ai stock analyst implies that there will be a positive trend in the future and the AAP shares might be good for investing for making money. Since this share has a positive outlook we recommend it as a part in your portfolio.
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Apr 10, · EUR/USD advanced in European trading on Tuesday to climb above its day moving average, on pace to post a third consecutive day of gains. Although there is some momentum behind the recent rally. Get instant access to a free streaming EUR USD advanced chart. This advanced professional chart provides you with an in depth look at the Euro Dollar currency pair. You have the option to change the appearance of the charts by varying the time scale, chart type, zooming in to different sections and adding new studies or indicators such as RSI. Dec 25, · The Currency Pair EUR/USD is the shortened term for the euro against U.S. dollar pair, or cross for the currencies of the European Union (EU) and the United States (USD). The currency pair.