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FINANCE Tuesday 2nd August

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The CSX Index is currently at 473.39 Points down 1.52 Points or 0.32%

National bank of Cambodia Daily Exchange Rate is 4,101 KHR to the USD$ Now a look what else is happing in finance around the world.

Cambodia exported US$1,942 million worth of agricultural products to China from 2019 to June this year. According to a report from the Chinese Embassy in Cambodia. The Kingdom also exported fresh bananas, fresh and dried mangoes, milled rice, cassava slice, cashew nuts, cacao flour.

In the first semester this year, the bilateral trade between both nations reached US$5,985 million, a 19.7 percent increase compared to the same period last year.

China is the biggest market for Cambodia’s milled rice export, accounting for 51.4 percent of the total rice export in the January-June period of this year.

Asia stocks continued a decline from Wall Street on Tuesday. There were also jitters about an escalation in Sino-U.S. tension with U.S. House of Representatives Speaker Nancy Pelosi set to begin a visit to Taiwan against the objections of China, which regards the self-governed island as a breakaway province.

The Australian (.AXJO) and South Korean (.KS11) equity benchmarks suffered losses of about 0.3% each, while Japan's Nikkei (.N225) tumbled 1.17%.

Chinese blue chips (.CSI300) dropped 1.06% and Hong Kong's Hang Seng (.HSI) lost 1.1%.

Taiwan's stock index (.TWII) slid 1.68%.

MSCI's broadest index of Asia-Pacific shares (.MIAP00000PUS) retreated 0.8%.

U.S. e-mini stock futures pointed to a 0.31% lower restart for the S&P 500 (.SPX), which stumbled 0.28% overnight.

Brent futures edging down to $99.74 on Tuesday after losing almost $4 overnight. U.S. West Texas Intermediate futures also eased to $93.67, extending Monday's almost $5 slide.

The Taiwan dollar slipped to its lowest levels in more than two years, falling past 30 per U.S. dollar. (.TWII)

The greenback was also weaker generally, with sterling at $1.2256, just off a five-week peak hit overnight, and the euro was also on the front foot at $1.0294.

This sent the dollar index, which measures the greenback against six peers, to 105.03 in early trade, a one-month low.

Elsewhere, the Australian dollar was holding just above $0.7

Bitcoin was steady at $23,250.


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