Hang Seng Index and Nikkei 225 will continue the positive momentum now. Asian stock markets, as it should be the first to open the trading week today. After growth of the U.S. stock market Hang Seng and the Nikkei 225 could reach a critical height, if the corporate statistics will not fail.
Who needs a weak yuan? What will the exchange rate between the dollar? Technology companies deftly move production around the world only to find the most favorable conditions for himself. Apparently, now they have to make the next leap forward in this direction. Bank of China on Saturday announced that he intends to continue the reform of exchange rate policy and increase the flexibility of RMB exchange rate. In a statement posted on the bank’s Web site states that the established boundaries of fluctuations yuan (0,5% per day) remain unchanged. At the same time the Central Bank intends “to focus on the reflection of market demand, taking into account a basket of currencies”.
Exchanges of China show today the great fall. Thus, composite index of the largest Asian Shanghai stock market has -fallen by 0.77%, while those of Shenzhen has lost 1.44%. Hang Seng index on Hong Kong stock market has reached the point of 19328.36, had lost 1.73% of its value.