Condiciones de negociación
Products
Herramientas
Asian stock indices posted a considerable decline on Tuesday. Thus, the Shanghai Composite Index fell by 1.12%, the Shenzhen Composite Index dropped by 1.65%, and the Hang Seng Index went down by 1.36%. Other indices of the Asian stock market fell even lower: Korea's Kospi lost 2.92%, Australia's S&P/ASX 200 was down by 2.55%, and the Japanese Nikkei 225 declined by 1.98%.
The main reason for such a significant drop in the Asian market is the upcoming meeting of the US Federal Reserve. The regulator is widely expected to make a decision on changes in monetary policy that will take place in March this year. Fed's policy tightening is aimed at fighting record-high inflation. This will eventually affect all global stock markets as liquidity is set to decrease.
The second reason is the rapid spread of a newly detected coronavirus strain. Every day, different countries all over the world report an increasing number of new Omicron cases. This may lead to new restrictions which will result in a slowdown in economic growth.
Among the Nikkei 225 stocks, the biggest decline was recorded in Japan Steel Works, Ltd. (-8.7%), Rakuten Group Inc. (-7.3%), and SoftBank Group Corp. (-5.9%).
As for the Hang Seng Index components, Sino Biopharmaceutical, Ltd. (-4.7%), Geely Automobile Holdings, Ltd. (-4.4%), and JD.com Inc. (-3.5%) posted the biggest losses.
According to preliminary estimates, South Korea's GDP grew by 4% last year compared to 2020, its highest reading since 2011. In the last quarter of 2021 alone, GDP grew by 4.1% year-on-year and 1.1% on a quarterly basis, far exceeding the forecast of 3.7% and 0.9% respectively.
Despite the upbeat macroeconomic data, Korea's index declined, dragging down the shares of Samsung Electronics Co. (-2.1%) and LG Corp. (-3.4%).
Meanwhile, Australia reported a 1.3% increase in consumer prices in the fourth quarter of 2021 on a quarterly basis. At the same time, prices increased by 3.5% over the same period in 2020, which was a record high for the last 7 years. According to forecasts, prices were expected to rise by no more than 1% quarter-on-quarter and 3.2% year-on-year.
Following a decline in the Australian index, securities of ANZ (-4%), Commonwealth Bank of Australia (-3%), and National Australia Bank (-3%) fell in price. Santos, Beach Energy, and Woodside Petroleum also depreciated by 4.8%, 7.7%, and 4.7% respectively.
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.