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Wednesday, November 25, 2009

Asian market ends positive; Shanghai Composite Index up 2%

Asian markets ended on a positive note.

The Hang Seng advanced 189 points to 22,612. The Nikkei added 41 points at 9,441.

The Shanghai Composite Index increased 66 points or 2% at 3,290.

The Straits Times, the Seoul Composite and the Taiwan Weighted Indices were up 0.5% each at 2,791, 1,612 and 7,756, respectively.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Thursday, Jul 03
19:30 ISM Services Prices Paid 2 67.5 68.7
20:00 EIA Natural Gas Storage Change 1 55B 48B 96B
20:30 Fed's Bostic speech 2
21:00 4-Week Bill Auction 1 4.24% 4.00%
22:30 Baker Hughes US Oil Rig Count 1 425 432
Friday, Jul 04
24h Independence Day 0
11:15 Unemployment Rate s.a (MoM) 1 2.9%
14:00 S&P Global Construction PMI 1 48.5 47.9
20:30 BoE's Taylor speech 2
Saturday, Jul 05
21:15 BoE's Governor Bailey speech 3
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