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    Forex News from New Forex: Asian markets unsteady before the referendum in the UK

    On Tuesday, June 21, Asian markets trade in mixed ways. The Japanese index Nikkei climbed amid the weakening yen. At the end of the trading session the index gained 1.3%, the Topix picked up 1.2%, the JPX-Nikkei Index 400 surged 1.3%. The Japanese yen lost 0.55% against the greenback to 104.44 after a 22-month high at 103.57.

    Chinese markets closed in the negative zone today. The Shanghai Composite dropped by 0.34%, the Shenzhen Composite slid 1.01%. In Hong Kong the Hang Seng index managed to jump 0.55%, investors expect that the UK will remain in the European Union. The China Enterprises Index gained 0.8%. Main sectors of economy demonstrate a firm rise, especially energy and IT sectors.

    The Australian index ASX 200 advanced 0.33% amid the rise of the financial sub-index. On Tuesday the Australian and the New Zealand dollar rose 0.55% and 0.35% against the US dollar.

    NewForex Analyst

    Michael Butnitsky


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