HANG SENG INDEX (^HSI)
| Previous close | 17,651.15 |
| Open | 17,737.93 |
| Volume |
| Day's range | 17,679.19 - 18,031.16 |
| 52-week range | 14,794.16 - 20,361.03 |
| Avg. volume | 2,679,743,161 |
Yahoo Finance UKFTSE 100 LIVE: European stocks rise as Japanese yen swings wildly overnight
The currency surged after hitting a fresh 34-year low against the dollar.
- Reuters
GLOBAL MARKETS-Yen surges on suspected intervention, Asia shares rise
The Japanese currency strengthened about 2% from the initial 159 per dollar level in a matter of a few minutes during Asia hours, as some traders said selling of dollars was seen onshore. "The move has all the hallmarks of an actual BOJ intervention and what better time to do it than on a Japanese public holiday which means lower liquidity in USD/JPY and more bang for the BOJ's buck," said Tony Sycamore, a market analyst at IG. Hong Kong and China shares gained on the back of speculation that more stimulus measures are likely to be unveiled this week aimed at clearing inventory and lifting home purchase restrictions to boost sales.
- Reuters
GLOBAL MARKETS-Yen jumps, Asia shares rise as Fed looms large
The yen strengthened about 2% from the initial 159 per dollar level in a matter of a few minutes during Asia hours, as some traders said selling of dollars was seen onshore. "The move has all the hallmarks of an actual BOJ intervention and what better time to do it than on a Japanese public holiday which means lower liquidity in USD/JPY and more bang for the BOJ's buck," said Tony Sycamore, a market analyst at IG. Elsewhere, Asian stocks got off to a positive start ahead of the Federal Reserve's policy meeting later in the week, while oil prices ticked down on expectations that higher-for-longer U.S. interest rates would dampen demand.
