RISK DISCLOSURE
Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital, yet users willing to take the risk can make high profits from the trades performed. Trading leveraged products may not be suitable for all investors. Before using Reflecto, please take into consideration your level of experience, investment objectives, specialized knowledge or seek independent financial advice if necessary.
Reflecto is not liable for any losses incurred or profits made by the user as a result of subscription to a certain trading strategy. Please, choose the trader you wish to follow responsibly. Note that traders, whose strategies are presented at Reflecto, act at their discretion. Subscribing to traders, the user is solely responsible for all risks assessments and executed trades.
All profits made in the past do not guarantee the same profits in the future. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved.
Reflecto acts exclusively as responsible for the website in its capacity as provider of an information service, not being responsible for the contents that users may send or publish.
Reflecto will not be responsible for the quality of the service, the speed of access, the correct functioning, the availability and continuity of operation of the website.
Analytics
After a major sell-off on Wall Street, Asian equities plunged on Thursday. MSCI’s broadest index of Asia-Pacific shares outside Japan slumped 1.8% after four days of gains. Japan’s Nikkei 225 lost 1.89%. Tech giants listed in Hong Kong led the losses, with the Hang Seng index falling 2.54%. In individual stocks, shares of Tencent sank more than 6.5% after the company reported no revenue growth in the first quarter.
Following mixed-to-lower session om Wall Street, Asian equities bounced on Tuesday as Shanghai reported three days of zero community transmission, suggesting the authorities could start to start unwinding the lockdown. Leading the gains, Hong Kong’s Hang Seng jumped 3.27% while China’s Shanghai Composite added 0.65%. Nikkei 225 added 0.42% after Japan announced that it will be conducting "test tourism" starting from later this month.
Asian stock markets fell on Thursday as investors digested the news that US inflation moderated but topped expectations last month. Adding to a downbeat tone in the region, North Korea has reported its first coronavirus case. In response, Kim Jong Un ordered all cities to lock down. In Hong Kong, the Hang Seng index finished 2.24% lower while the Shanghai Composite was down just 0.12% as Premier Li Keqiang urged officials to use fiscal and monetary policies to stabilize the economy.
Following a major sell-off on Wall Street, Asian stock markets fell to their lowest in nearly two years on Tuesday. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8%. The Nikkei 225 in Tokyo lost 0.58% and Hong Kong's Hang Seng dropped 1.75%. Bucking the trend, the Shanghai Composite index added nearly 1% after the Chinese government announced some supportive measures for small businesses.
Following a rally on Wall Street, Asian equities advanced on Thursday, albeit at a more modest pace. Investors breathed a sigh of relief after the Federal Reserve downplayed the likelihood of bigger rate hikes as Powell said the Fed wasn’t considering raising interest rates by 0.75%. The Shanghai Composite Index gained 0.7% and Hong Kong's Hang Seng gained 0.36%. Sydney's S&P-ASX 200 advanced 0.8%. Markets in Japan and South Korea remain closed for holidays.