Stock market snapshot as of [25/4/2019 0555 GMT]
- The Australian stock market is closed for a public holiday today. The ASX 200 has closed yesterday’s session near its 52-week high level of 6380.
- No major significant movement for the rest of the Asian stock indices. The Nikkei 225 has managed to hold above its 22000 key short-term range support in place since 18 Apr 2019. Today’s Bank of Japan’s monetary policy statement has indicated a dovish forward guidance where it has projected that it will not hit its 2% inflation target at least through Mar 2022 and pledges to keep interest rates extremely low at least around spring 2020.
- European stock indices futures for the FTSE 100 and German DAX are showing a slight gain of 0.25% and 0.22% respectively.
*Data from Refinitiv. Index names may not reflect tradable instruments and not all markets are available in all regions.
StoneX Financial Ltd (trading as “City Index”) is an execution-only service provider. This material, whether or not it states any opinions, is for general information purposes only and it does not take into account your personal circumstances or objectives. This material has been prepared using the thoughts and opinions of the author and these may change. However, City Index does not plan to provide further updates to any material once published and it is not under any obligation to keep this material up to date. This material is short term in nature and may only relate to facts and circumstances existing at a specific time or day. Nothing in this material is (or should be considered to be) financial, investment, legal, tax or other advice and no reliance should be placed on it.
No opinion given in this material constitutes a recommendation by City Index or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although City Index is not specifically prevented from dealing before providing this material, City Index does not seek to take advantage of the material prior to its dissemination. This material is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.