Asia mixed as Fed keeps rates unchanged

Thursday, 30. July 2020 07:33

Stocks in the Asia Pacific traded mixed on Thursday after the United States Federal Reserve left interest rates unchanged. Investors are also focused on corporate earnings that are being released. On the economic data front, Japanese retail sales for June fell by 1.2% as compared to a year ago.

In mainland China, the Shenzhen Composite went down by 0.40% at 7:32 am CET, while the Shanghai Composite, fell by 0.09% at 7:16 am CET. Hong Kong's Hang Seng traded 0.77% higher at 7:30 am CET, as South Korea's Kospi increased by 0.26% a minute later, with the Australian S&P/ASX 200 rising 0.64% at the same time.

The dollar, rose by 0.31% against the yen, going for ¥105.2485 at 7:33 am CET, with Japan's Nikkei 225 losing 0.16% at 7:30 am CET.

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Breaking the News / TF