India unlikely to witness recovery in consumption or investment growth owing to sluggish demand, says ANZ research
EM Asian currencies likely to advance if US and China make concrete progress in renewed trade negotiations, says Scotiabank
Likelihood of RBA adopting alternative policy measures rises with cash rate getting closer to effective lower bound, says ANZ Research
BoE likely to maintain guidance for gradually higher rates as long as Brexit has not been clarified, says DNB Markets
Yuan exchange rate likely to be defended by Chinese regulators as long as trade talks continue, says Scotiabank
FxWirePro: Most Asian markets in red, gold stabilizes above $1,280
Most of the major Asian indices were trading on a lower note on Friday. Gold was trading around $1,283 mark while silver was trading around $14.55 mark.
Japan’s Nikkei was trading 0.38 pct lower at 21,070.49 points.
Australia’s S&P/ASX200 was trading 0.71 pct lower at 6,445.55 points.
Shanghai composite index to open down 0.2 pct at 2,847.84 points and China's CSI300 index to open flat at 3,584.90 points.
Hong Kong's hang seng index was trading 0.18 percent higher at 27,316.22 points.
South Korea’s Kospi was trading 0.80 percent lower at 2,043.58 points.
Taiwan stock was trading 0.30 percent lower at 10,339.61 points.
India’s NSE was trading 0.35 pct higher at 11,701.55 points and BSE Sensex was trading 0.35 pct higher at 38,946.79 points.