19th August 2014
Stock markets across Asia have advanced today (August 19th), taking a positive cue from Wall Street and further boosted by apparent easing in global geopolitical tensions.
In the US, data from the National Association of Home Builders demonstrated improved confidence among residential construction businesses, propelling the Nasdaq to a 14-year high.
Sentiment was also supported after Russia claimed a dispute regarding its humanitarian aid convoy to Ukraine had been resolved and officials claimed discussions regarding a peaceful solution had made "moderate progress" in Berlin.
As the yen - which generally strengthens during periods of geopolitical uncertainty - declined in forex trading markets, the Nikkei 225 surged in Japan, closing 0.8 per cent higher at 15,449.79 points. This extended the Tokyo benchmark index's rally into a seventh successive session.
Strong earnings reports helped Australia's ASX/200 advance by 0.7 per cent, while the Shanghai Composite added 0.1 per cent. In Hong Kong, the Hang Seng ended the session up by 0.2 per cent.
Begin trading today! Create an account by completing our form
At One Financial Markets we are committed to safeguarding your privacy.
Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.
Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.
Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.
By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.