{"id":54922,"date":"2021-11-16T13:25:00","date_gmt":"2021-11-16T09:25:00","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=54922"},"modified":"2021-11-16T13:29:13","modified_gmt":"2021-11-16T09:29:13","slug":"market-drivers-asian-session-16-11-2021","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/market-drivers-asian-session-16-11-2021\/11\/16\/market-updates\/","title":{"rendered":"Market Drivers \u2013 Asian Session 16-11-2021"},"content":{"rendered":"\n<p>The Nikkei index rose 0.11 percent to 29,808.12 points, while the broader Topix index also rose 0.11 percent to 2,050.83 points.<\/p>\n\n\n\n<p>During the session, investors watched a meeting between US President Joe Biden and Chinese President Xi Jinping.<\/p>\n\n\n\n<p>The Japanese indices rose after Chinese state media published a report that the Chinese president told his US counterpart in a virtual meeting that the two countries should strengthen communication and coexist peacefully.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The yuan hit a five-month high in Asian trade on Tuesday, as traders welcomed the dialogue between US President Joe Biden and Chinese President Xi Jinping, while the dollar settled near a 16-month high against the euro ahead of US retail sales data that could affect the outlook. Interest rate expectations.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Gold futures rose 0.16% to $1,869.55 as concerns about inflation added to the allure of safe-haven bullion. The dollar, which usually moves in reverse with gold, also rose on Tuesday and remained near a 16-month high.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The Turkish lira fell by about 0.8 percent on Tuesday to a new record low of 10.14 against the dollar, weighed by expectations of another interest rate cut from the central bank this week.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nikkei index rose 0.11 percent to 29,808.12 points, while the broader Topix index also rose 0.11 percent to 2,050.83 points. During the session, investors watched a meeting between US President Joe Biden and Chinese President Xi Jinping. The Japanese indices rose after Chinese state media published a report that the Chinese president told his &hellip;<\/p>\n","protected":false},"author":9,"featured_media":52564,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[6881,7761],"class_list":["post-54922","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-asian","tag-session"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54922","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=54922"}],"version-history":[{"count":2,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54922\/revisions"}],"predecessor-version":[{"id":54924,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/54922\/revisions\/54924"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/52564"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=54922"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=54922"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=54922"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}