Financial news
Written by: Huang Jie
2020-03-09 09:22
Last updated: 2020-03-09 09:39The oil group ﹙OPEC﹚ broke with Russia over oil production cuts. Saudi Arabia launched a "price reduction war", dragging down oil prices, and the three major US stock indexes also fell by more than 4%. Asian stocks fluctuated again this morning. "Hong Kong 01" kept an eye on stock exchange changes under "Black Monday" throughout the day.
[09:38] Investor safe haven yen rises above 104
In the currency market, funds were deposited into the Japanese yen as a safe haven. It had seen a high of 103.53 against the US dollar, the latest report was 103.87, the US dollar was last reported at 0.9295, down 0.94% against the Swiss franc, the US dollar was up 1.49% against the Canadian dollar, the latest at 1.3618, and the latest Australian dollar against the US dollar. 0.6579, down 0.86%, the US dollar against the South Korean won rose 0.4%, the latest reported 1,197.16, the euro against the US dollar last reported 1.1385, up 0.9%, the pound against the US dollar 1.3086, up 0.29%.
[09:33] Dow futures down 1036 points
US stock futures fell across the board, mini Dow futures fell 1036 points to 24,753 points, the mini S & P index was 2832 points, down 132 points, and the mini Nasdaq index futures were last reported at 8133 points, down 369 points.
[09:29] The Shanghai Stock Exchange dropped 3000 points
The Shanghai Composite Index opened 47 points or 1.6% lower at 2,987 points, the Shenzhen Stock Exchange opened 11363 points lower, down 219 points or 1.9%, the Shanghai and Shenzhen 300 Index opened 75 points or 1.8% lower, and the latest reported at 4063 points, the GEM Index was low Opened 1.9% or 42 points to 2,151.
[09:21] HSI opens 1012 points lower
The Hang Seng Index gap opened 1,012 points lower, and the latest reported 25134 points. The H-Share Index opened 438 points lower, and closed at 1,018 points.
In addition, the price of oil has been “big cut”, but aviation stocks have not seen any benefit. Cathay Pacific (0293) fell 1.1% to 9.82 yuan; Air China (0753) fell 1.6% to 6.1 yuan; China Eastern Airlines (0670) fell 1.2% to 3.3 yuan; China Southern Airlines (1055) fell 1.5% to 4.05 yuan.
International oil prices plummeted, Hong Kong stocks opened more than a thousand points lower, and "three barrels of oil" plummeted. CNOOC (0883) opened at 8.3 yuan, inserted 21.8%; PetroChina (0857) opened at 2.7 yuan, inserted more than 10%; Sinopec (0386) opened At 3.64 yuan, 7.37%.
[08:58] Japanese stocks decline
The Nikkei 255 index increased its decline and is now down 4.32% to 19852 points; the South Korean KOSPI index is down 2.75% to 1984 points.
[08:55] The yen has risen through 104
The Japanese yen rose sharply, once surpassing the level of 104 US dollars. The US dollar is now slightly more stable against the Japanese yen, with the latest reported at 104.21. It is reported at 7.4531 against the Hong Kong dollar per 100 yen.
[08:45] Hong Kong stocks "dark period" fell more than 1,000 points
Hong Kong stocks commonly known as the "black period" of Singapore's OTC HS50 index futures fell below 25,000 points, once fell 1600 points, the latest drop of 1070 points.
Saudi Arabia launched a "price reduction war", dragging down oil prices, and the stock exchange rate fluctuated accordingly.
[08:38] VIX panic index futures soar
VIX panic index futures soared, once rising more than 25%.
[08:32] Japanese stocks once fell nearly 4%
The Japanese and South Korean stock markets plummeted in the early stages. After the Nikkei 255 index expanded to 4%, it now narrowed slightly to 3.51%; the South Korean KOSPI index fell 2.72% to 1984.
[08:29] US debt hits record low
The 10-year Treasury yield of the United States briefly interpolated 0.5%, breaking a new historical low and now reporting at 0.5441%.
Japanese stocks