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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Asian Equity Market Handover Bearish Move Resumes

Article By: ,  Financial Analyst
May 29, 2019 3:37 AM

Stock market snapshot as of [29/5/2019 0610 GMT]


  • Almost a sea of red for Asian stock markets as at today’s Asia mid-session except for the China stock market where the China A50 has managed to record a modest gain of 0.38%
  • The S&P 500 e-mini futures has seen a negative follow through in today’s Asian session after a daily close of -0.84% printed in the overnight U.S. session. It has continued to decline by 0.5% to print a current Asian session intraday low of 2792 that has broken below the psychological level of 2800 and the 13 May 2019 swing low area.
  • The worst performers are the Kospi 200 and Nikkei 225 that have declined by -1.22% and -1.25% respectively. 20800 is an important technical level to take note on the Nikkei 225 as a break below it exposes further potential downside. Click here for a recap on our weekly technical outlook report).
  • European stock indices CFD futures are feeling the “bearish heat” as well where the FTSE 100 and German DAX are seeing losses of -0.70% and -0.60% respectively.

Macroeconomic Calendar


*Data from Refinitiv. Index names may not reflect tradable instruments and not all markets are available in all regions.




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