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26 Aug 2013
Nikkei 225 off track; Shanghai on the rise
FXstreet.com (Chicago) – The Nikkei opened 0.20% higher but plunged to -0.31% at the opening of the Chinese trading sessions.
The Shanghai Composite is up 0.19% along a Hang Seng printing 0.37% gains. The Australia ASX All Ordinaries is up 0.44% two weeks ahead of Australian elections and weaker-than-expected data in the US. Indeed, Fed’s tapering speculations continue to linger after the Jackson Hole Symposium concluded in the United States with no further clues as to when the tapering will come to life and weaker-than-expected housing market data that contributes to market rumors.
The Shanghai Composite is up 0.19% along a Hang Seng printing 0.37% gains. The Australia ASX All Ordinaries is up 0.44% two weeks ahead of Australian elections and weaker-than-expected data in the US. Indeed, Fed’s tapering speculations continue to linger after the Jackson Hole Symposium concluded in the United States with no further clues as to when the tapering will come to life and weaker-than-expected housing market data that contributes to market rumors.