Forex Analysis & Reviews: 18.01.2021 - Europe and Asian stocks sank...

18.01.2021 04:16 PM

Europe and Asian stocks sank with the exception of China which recorded economic growth

The stock markets of the Asia-Pacific region traded in a negative trend on Monday morning, with the exceptions of China and Hong Kong, which reported growth amid recent positive economic statistics. China's GDP increased by 2.3% at the end of last year.

Nevertheless, the overall GDP growth rate in China was the smallest in the last forty years. However, this did not negate the fact that the state was almost the only one who was able to avoid a global fall amid the crisis associated with the coronavirus pandemic. For the most part, the economies of the countries experienced a decline last year, which they hope to compensate for in the coming year.

According to preliminary data from analysts, Chinese GDP was expected to grow by about 2.2%, but in reality, the data turned out to be even slightly better, which could not go unnoticed in the markets. Investors were extremely encouraged by this fact, which was immediately reflected in the stock indicators, which went up.

Particular growth was recorded in the last quarter of last year when the Chinese economy showed an immediate 6.5% growth, which is comparable to the pre-crisis indicators, when the monthly growth averaged 6.8%.

Although, some indicators still slowed down their increase. This may indicate a general decline in business activity in December last year, but it is too early to judge this: we need to wait for official statistics.

In the meantime, market participants continue to wonder whether the new American leader will be able to advance his decision on a serious increase in the financial assistance package for the economy of the United States of America. According to the latest data, only Democrats are on the side of the expanded funding program and their advantage in the Senate is minimal. This means that the chances of final ratification of the stimulus package are very small, although it still remains.

Japan's Nikkei 225 index fell 1% in the morning. According to statistics, the total volume of industrial production in the territory of the state for the last month of autumn last year was 0.5% less compared to the previous indicator. Such a drop is observed for the first time in the last six months and causes some concern among investors. Recall that in October, on the contrary, there was a significant jump by 4% at once.

China's Shanghai Composite Index rose 1.01%. The Hong Kong Hang Seng Index supported the positive trend and climbed 0.61%.

South Korea's KOSPI index dropped significantly by 2.01%.

Australia's S&P/ASX 200 Index fell 0.78%.

European stock exchanges also recorded negative this morning. Major stock indexes are losing their earned positions. The main reason for what is happening is the difficult epidemiological situation in most countries of the region. New strains of coronavirus infection, the extension of quarantine measures, problems with vaccinations, and the supply of drugs leave market participants almost no hope that the pandemic will be defeated in the near future.

The UK government, in particular, has decided to introduce mandatory quarantine for those arriving on the territory of the state. The period of self-isolation, in this case, is ten calendar days, after the expiration of which it is necessary to pass an analysis for COVID-19. The Austrian authorities are once again postponing the release date from the lockdown so that there is no sharp jump in the incidence in the country.

The general index of large enterprises in the European region STOXX Europe 600 fell 0.14% in the morning, which sent it to the level of 407.28 points.

The UK FTSE 100 Index declined 0.11%. The German DAX Index fell 0.07%. France's CAC 40 Index sank 0.25%. Spain's IBEX 35 Index was 0.3% down. The Italian FTSE MIB index was the only one with positive dynamics: it increased by 0.15%.

你今天已经点赞上这篇文章了

*这里的市场分析是为了增加您对市场的了解，而不是给出交易的指示。

If you have any content questions, please contact editorial-board@instaforex.com

News

Maria Shablon,
Analytical expert of InstaForex
© 2007-2025

该作者的更多文章

EURUSD

Euro vs US Dollar

选择时间框架

分钟

小时

天

周

开始交易

通过InstaForex赚取加密货币汇率变动的收益。

下载MetaTrader 4并开启您的第一笔交易。

推荐文章

特朗普、美聯儲、3,000美元黃金？市場對警示標誌作出反應

美國市場新聞摘要 - 4月18日

巨人隕落：Alphabet 和 UnitedHealth 的決策如何影響市場

Powell 危險嗎？特朗普能否解僱美聯儲主席，這對市場意味著什麼？

美國市場新聞摘要 4月17日

當一切都出錯時：Nvidia 面臨壓力，股價下跌，Powell 等待明確指引

美國股市處於下跌區域：道瓊斯指數下跌0.4%，納斯達克指數下跌0.1%。樂觀的企業報告未能挽救華爾街。

4月16日美國市場新聞摘要

市場下跌：道瓊指數 -0.4%，納斯達克 -0.1%，強勁報告仍未能挽救華爾街

蘋果股價飆升。股票投資者密切關注Netflix的報告

Top analytics