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Asia report: more optimism in all asset classes

Two indices are catching IG analyst Chris Weston’s attention. The CSI 300 is making progressive higher highs and should continue to do so. In Japan, the Nikkei 225 is once again at that 18,400 key resistance level. 

CFDs are a leveraged product and can result in losses that exceed deposits. Trading CFDs may not be suitable for everyone, so please ensure you fully understand the risks and take care to manage your exposure.

The main news was the September trade balance report, which showed a slight deterioration in imports, mainly due to the current yen level. In Australia, BHP Billiton came out with production numbers: iron ore is in line but oil and copper generated good numbers which gave a boost to the sector.

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