Euro Benefited From Weakening Yen

Euro Benefited From Weakening Yen. The single currency Euro performed solidly in the range of $ 1.34 in early trading last week (Monday, 28/01) is mainly dominated by the strengthening of the Euro against the Yen - Japan. A weaker yen lately came after Japan's Finance Minister - Taro Aso denied foreign critics who accuse the authority of central Tokyo manipulating its currency in order to benefit Japanese exporters fell. But Aso explained that the fall of the yen in recent months is a side effect of his country's struggle against deflation that has long plagued the Japanese economy. Aso and Finance Minister's comments came amid talks that lead to international tension surrounding competitive currency devaluations among the world's developed countries. In addition, the data rate of German business confidence surged (release Friday, 25/01) also support the movement of Euro. A common currency used by 17 countries, observed the range 1.3445 to 1.3471 after limited skyrocketed. Meanwhile on Friday last week, scored the highest Euro 1.3479 and closed at 1.3460. Today the market will pay attention to the eurozone economic data - money supply and private lending figures are expected had passed.

Ahead of FOMC, Gold Prices appreciation

Short-term focus for gold investors this week is the FOMC meeting and Friday's nonfarm payrolls of data (2501), according to Barclays analyst reports. Mentioned that physical buying by China helped push gold prices but more demand from other countries is expected to strengthen the gold price gains. The rise in gold prices may also be limited by investor enthusiasm for equities, clear bank. Gold support level at $ 1.650 per troy ounce and $ 1.625 / oz while the resistance level at $ 1.676 / oz, and 1.696 USD / oz. The price of gold at $ 1,661.60 / oz, up 1.1% from its closing level. The price of gold at $ 1,661.20, up $ 1.90 from the NY close. March Nymex crude oil futures contract rose 17 cents to $ 96.05/barrel.

Performance Charmingly Asian stocks dampened Profit Taking

Most regional markets moving up with the Nikkei index fell after this morning was perched above the level of 11,000 for the first time since 30 April 2010.

- Nikkei -0.8%
- HSI +0.4%
- Kospi -0.4%
- Taiex +0.5%
- Sensex flat
- Shanghai Composite +1.8%
- STI +0.2%
- NZX-50 +0.1%.

Australia Markets closed for a holiday. In the forex market, currency movements relatively stable as the market waited for this week's FOMC meeting and the release of U.S. jobs data that serve as trading cues. EUR / USD is at 1.3447 from 1.3463 on Friday night in New York. EUR / JPY at 122.52 from 122.36, and the USD / JPY is at 90.98 from 90.93. The Cabinet has approved the estimated growth provides an opportunity for the government in preparing the budget for the upcoming fiscal year in April. The report estimates that Japan will post economic growth of 1% in the fiscal year that ended in March and 2.5% growth in financial year 2013 and will be used to formulate an income tax this week.

Stochastic Hang Seng Enter Overbought Zone

Entering the second session in the trade earlier in the week (Monday, 28/01), the Hang Seng index appears still moving ahead with a positive number because investors are still influenced by the strengthening of the Wall Street thanks to the 'earnings' which is quite satisfactory. In addition, the Hang Seng rallied also helped by 2 percent gain obtained by Hong Kong tycoon - Wharf Holdings and blue-chip consumer China Hengan International. While the property sector stocks rebound joined securely to the index sustains its range. Recorded Hang Seng index rose 0.48% in area 23,688.09 +107.66 points, or as much. Technically, the Hang Seng index appears vulnerable to a correction factor even in the second session though because the Stochastic indicator per hour (hourly) has now overbought and will form curves bearish. While accepts MACD indicator is still strong enough to continue the trend of strengthening. So the rally will conduct resistance index rose to 23,770 and then 23,850 to 23,900. While the correction will bring the index down to 23,630 then 23,540 prisoners support or up to 23,460 which is 23.6% of the Fibonacci retrace.

In addition, the Hang Seng rallied also helped by 2 percent gain obtained by Hong Kong tycoon - Wharf Holdings and blue-chip consumer China Hengan International. While the property sector stocks rebound joined securely to the index sustains its range. Recorded Hang Seng index rose 0.48% in area 23,688.09 +107.66 points, or as much. Technically, the Hang Seng index appears vulnerable to a correction factor even in the second session though because the Stochastic indicator per hour (hourly) has now overbought and will form curves bearish. While accepts MACD indicator is still strong enough to continue the trend of strengthening. So the rally will conduct resistance index rose to 23,770 and then 23,850 to 23,900. While the correction will bring the index down to 23,630 then 23,540 prisoners support or up to 23,460 which is 23.6% of the Fibonacci retrace.

Euro worry about Global Growth

Euro worry about Global Growth. Euro knocked off 11-month highs versus the U.S. dollar after data showed Italian industrial orders declined and rising bad loans in Spain, which supports the expectation that the economy will be difficult to expand the area in 2013. Concerns about global growth also helped weigh on the euro after China, the second biggest economy in the world, showed moderate economic growth in 2012.

Yen 'Nervous' Ahead of BoJ Meeting

The yen continues to trade around its weakest level versus the 31-month U.S. dollar as investors try to anticipate the aggressive steps that might be taken the Bank of Japan earlier this week. Analysts believe that if the depreciation of the yen would go back to continue if the BoJ's decision to prevent deflation could exceed market expectations. A source close to the BoJ said that if the central bank is considering asset purchases to boost inflation close to 2%. "Many have tried to anticipate the outcome of the BoJ later. BoJ decision to launch unrestricted asset purchases will be catapulted dollar / yen and euro / yen," said Peter Kinsella, currency analyst at Commerzbank.

Poor Retail Sales, Sterling slumped

Pound slumped to the lowest level against the greenback 8-week retail turnover after data weaker than expected added to worries about the British economy being depressed. Retail sales in December fell 0.1% in December, which dispelled predictions of a 0.2% rise economists. Sterling sentiment was also hit by uncertainty over the relations between the UK and the European Union, which is Britain's biggest trading partner. Lee Hardman, currency analyst at Bank of Tokyo with Mitsubishi. "Grim to the future of British membership in the European Union also helped erode short-term sentiment Sterling. Bias so that the British currency is still weak."

Nikkei Gains Related Weakening Yen

Nikkei Gains Related Weakening Yen. Japan's stock market, the Nikkei moved higher early Friday trading, with the Nikkei moved up 2.2% at 10,844.10 points. The index cameas the U.S. dollar was at 89.91 yen traded near a peak against the yen since mid-2010. Bank of Japan will hold a meeting next week, and a strategist at Barclays Capital said that it seemed like an increase in the likelihood that the BoJ will meet next week urging the government to achieve the target inflation rate of 2% ". Friday's stocks rose, among others Mazda Motor Corp., which rose as much as 7.6%, Sony Corp. rose 3.9% and Honda Motor Co. rose 2.9%. Technology stocks look to maintain gains, as shares of Advantest rose 6.5% and Tokyo Electron Ltd. rose 4.7%.

Caught In Close range 1.0550, Aussie Ready Welcomes China's GDP

Aussie drops down 1.0500 in overnight trading related Australian employment data are weak, but edged trigger movement at that level and gradually moving up, closing the U.S. session at 1.0545, 30 pips below the price close today. "Hourly graphs shows that while there is a bullish signal from a technical reading of the price still has not been able to continue to the1.0550 area, the resistance level of satisfaction", said Valeria Bednarik, analyst at FXstreet.com. If prices rally managed to move above 1.0550, Bednarik identify selloff in 1.0580, then to 1.0600 figure. Target bearish recorded at 1.0520, 1.0490 and 1.0450.

Japan's Minister of Economy Soon To Agree With BoJ Fulfill Mandate

Japan's economy minister said Friday that the talks with the Bank of Japan is getting closer to an agreement requested by the Japanese government, shows that the two sides would soon reach an agreement to prepare a target inflation rate of 2%. "All going well," said Akira Amari told a news conference. "I think we'll be able to announce something after BoJ meeting next week". Government officials told Dow Jones Newswires that the draft statement for the BoJ to 2% inflation target over the medium term will be made. A final agreement is expected to be issued after the meeting, which ends on Tuesday.

Samsung to Release New Products, Similar with iPhone

When an official of Samsung Electronics Co. showed off a new chip at the Consumer Electronics Show in Las Vegas last week, it gives rise to speculation of a picture of the new Samsung product really is no longer the same as the previous smartphone product - which will be the next Samsung flagship product . Approximately 4 months later, the bloggers with writers in South Korean newspapers have been trying to unravel the details of Samsung products, which are likely to have the name of Galaxy S IV after many multiple versions displayed for 3 years.

They estimate that the new product will have a larger screen, a sleeker shape, equipped pen, does not have a button and of course, with a faster processor chip, along with a battery with a stronger resistance. Several reports in November showed that the product will have a screen that may rupture and impact resistant, and others say that the product will have the waterproof feature. Some pictures of an invitation to a press conference in March in South Korea have been circulating on a few websites.

Deflation Japanese Yen Immediate Raise To figure 100 ?

COMMODITY ANALYSIS TODAY

• CPO: Bearish Signal Detected, Watch range RM2387 - RM2303
• CPO: Saturated Stalking Correction, Potential Bearish Enduring
• Beware Sell Gold Under Pressure Support 1621
• CPO: GMMA and MACD Agreed Up, Stochasctics Come up Sinyak Correction
• Beware of Action Profit-Taking Oil

Currencies are traded in yen rate near 87 per dollar, has fallen about 11% since mid-November when Shinzo Abe, who became prime minister last month, promised to do more easing monetary policy aggressively. Intends to overcome deflation of the Japanese economy, Abe wants BOJ to adopt inflation target at 2% rate. "Japan will be interesting to watch this year and I am surprised that Japanese officials finally began seriously to combat deflation and stimulate growth," said Richard Jerram, chief economist of Bank of Singapore told CNBC Asia Squawk Box program on Tuesday.

"The yen has weakened rapidly and will continue. What we say here is to price the yen against the U.S. dollar should be taken to combat deflation "I think we have to look yen against the U.S. dollar at 110.20 points while the problem of deflation is in its top level," added Jerram.

Gold Moves Related Stronger Euro and Action Buy Physical

Gold prices moved up on Tuesday as euro maintained gains related to expectations that the European Central Bank will hold interest rate cuts this week, and improving physical demand in Asia that raised prices. Economists expect that the ECB will keep interest rates at Thursday's meeting, support the performance of the single European currency, while the U.S. dollar index moved down, making commodity prices more readily available to the holders of other currencies.

Asia's physical gold market is moving up this year, with market participants are triggered by falling prices and demand ahead of the Lunar New Year, traders said paa. "Physical gold demand is still high," said a trader based in Beijing. "This is an interesting combination of price with the request before the holidays."

Spot gold moved up 0.2% to $ 1,649.86 per ounce. U.S. gold futures also rose 0.2%, to $ 1,650.30.

Yen Weakens Against U.S. Dollar: Expect U.S. Labor Data

Yen Weakens Against U.S. Dollar: Expect U.S. Labor Data. The U.S. dollar moved higher against the yen to its highest level in nearly 2-1/2 years on Friday, while the euro held steady against the yen also related to expectations that this year will be a lot of stimulus, which was launched by the BoJ. The euro slipped against the dollar, touching a new 3-week low after the meeting indicated that the U.S. Feds Feds prepared to consider doing further bond purchases, said some officials there linked to an increase in the balance sheet amounted to $ 2.9 trillion.

The U.S. dollar rose 0.4% to 87.63 yen after rising to 87.66 yen highly on trading platform EBS, its highest level against the yen since July 2010. Today, data from the U.S., which is expected to show an increase NFP workforce of 150,000 people in December, according to a Reuters survey of economists, up from 146 000 in number. U.S. unemployment rate is expected to remain at the level of 7.7%.


Euro Probably Will Continue To Bottom 1:30 Movement

The euro moved down to 3-week low against the U.S. dollar in early trading session on Friday, with the euro which successfully tested the associated strengthening U.S. dollar 1.3021, after falling more than 1% overnight. With NFP data that will be released in the U.S. session, the euro traded at a daily low with strong short-term bearish signal, "explains Valeria Bednarik, analyst at FXstreet.com.

"Usually with a slow session ahead of employment data, the Asian session today will be able to see a continuation of the strengthening of the U.S. dollar if the price broke through the 1300 area."

Spot The euro currently stands at 1.3035 after meeting short-term support at the EMA-50 day (1.3020. Afterward, Bednarik identifies support at 1.2970. Resistanve Level will be recorded at 1.3080, 1.3110 and 1.3145.

Negative at Yen, Reactive Prepare For U.S. NFP Data - NFP today

Negative at Yen, Reactive Prepare For U.S. NFP Data. USD / JPY spent the day trading in a range with negative bias, after falling to a daily low at 81.19 from its previous high at 82.60 before closing at 82.38.
"USD / JPY is likely to react immediately to the news of the U.S. workforce, soaring with weakened if a positive number and a negative data releases show up," said Valeria Bednarik, Chief Analyst at FXstreet.com. "Of course, if there is a strong deviation between the actual data and estimates, the closer the hope to be able to keep the yen in its new range of 81.80/82.60."


Technically, Ms. Bednarik said the indicators were flat in the neutral zone, giving little hint of the direction. However, if we consider the period of time is higher, the most obvious resistance: NORTH (weaker yen). Daily period illustrates the sequence divergence moving average for the yen, showing bullish trend momentum, and chart the weekly period looks ready to print second pin inside-week, as the market consolidates recent movements Yen. If bullish signals noted above 82.60/80 resistance area (Fibo 78.6%, a decrease 84.16/77.12) realized in the next few weeks, there may be room for the yen to run to 84.00 (high level in March 2012). Next bullish target is located at 85.50.

Oil inventories fell associated with ECB

U.S. crude oil contract on the Nymex on Friday moved down lower than the decline Wednesday, with a few traders in line with the falling price related weekly crude oil inventory data. Prices have been lowered for 3 days in a row. The analysts also cited the current price movement associated weak economic forecasts from the ECB. NYMEX crude oil contract in January fell 1.8% to $ 86.26 per barrel.

Yen Potentially Touch 81.00 - Fundamental Forex News os Today

Yen Potentially Touch 81.00. The yen may be moving up in the short term to 81.00, said Osamu Takashima, a currency strategist at Citibank Japan in a note. 'Global stock markets, including Europe, the U.S. and China, moving up ", he said. "Commodities, including crude oil, it still shows a downfall signal". "While the big investment funds will probably do some profit-taking from a sell near the high Yen is currently at 80.83 and the high in June at 80.63, where the demand has moved to sell," he said again. The yen is currently at 80.26.
Yen Stuck Below 80.20

In less than 1 hour ahead of the BoJ and data monetary Japan, S & P 500 closed with a gain as much as 1.09% on Thursday and the Nikkei index closed slightly below 8950, rising by 0.27%, the yen is 80.17, little changed from 8 hours. "Hourly graphs show some indicators rebound from the middle price, and prices held above MA movement that supports the movement up", said Valeria Bednarik, Chief Analyst at FXstreet.com, who later said: "although upward movement still relies on U.S. jobs data: where an existing report may provide reinforcement for the recovery Yen, with 79.20/40 area under observation ". Range of support will be recorded in 80.10, 79.70 and 79.40. While the range of 80.30 resistance will be recorded, 80.60 and 81.00.


Print 1 Month High; Aussie Translucent Above 1:04

With the release of PPI figures for the third quarter and the focus turned to the RBA's decision next week, the Aussie moves up to number 1.0412 against the USD, after the end of the trading session and one week high at 1.0419 recorded. "Strong bullish signal for the short term is still seen in the hourly chart, current price as suppress the resistance level 1.0410 and the range of height: the strengthening of stability will be seen as the price approached 1.0500 in the coming sessions", said Valeria Bednarik, Chief Analyst at FXstreet . com, adding: "If risk appetite remains strong and the U.S. data does not disappoint".


For the longer term, "the movement per 4 hour chart, a bullish signal light is still there, although technical readings are still in neutral zone", said Bednarik and explained: "fall below 1.0360 will reject any further strengthening opportunities and demonstrate the range near 1.0300 ". Analysts noted the range support at 1.0380, 1.0350 and 1.0330. With a range of resistance at 1.0410, 1.0445 and 1.0480.

Euro Shows Weakening Below 1.2950

The weak performance of the euro yesterday, the last flat yesterday for this week at 1.2945, occurs ahead of important data today in the form of NFP. Euro moves down 10 pips from the opening of the Asian session yesterday, the weakest time, a little recovered from the low in the New York session at 1.2928 figure, while the daily high stands at 1.2980. "With the expectation of movement in the current session, the range of 1.2880/1.2950 may arise", said Valeria Bednarik, Chief Analyst at FXstreet.com. "Short-term technical readings turned neutral although still negative when the price still under-20 SMA and indicators under the middle price," according to the analyst noted; repeated failures that are slowly eroding strengthening buying interest, showing that the Euro is still in a bearish run medium in a few days, the big happening this weekend ahead of the 1.2880 figure below ". Valeria noted the range support at 1.2920, 1.2880 and 1.2840. While the range of 1.2950 support will be recorded in, 1.2980 and 1.3020.

Yen (Return) Short Level Pre-BoJ

Yen (Return) Short Level Pre-BoJ. Yen restore levels fall after BOJ steps in high numbers yesterday at 79.96, which is now again following movements in figure 79.82. The yen moved up 0.25% for the week, finding support at the 200-Day SMA, 79.50 points lower yesterday. Valeria Bednarik, Chief Analyst at FXstreet.com notes: "chart movements per hour to maintain prices above the SMA-200 and 100 which form the support area at 79.70; within the same timeframe, the potential loss of bullish indicators but remained in the positive area, while the graph per 4 hours still looks the same, with a short-term bullish signal begins to lose momentum, "said Valeria. He predicted: "79.40/80.10 is the range for the first day of the month (November) is" the analysts recommended.

Bednarik said that support will be recorded in the range of 79.70, 79.40 and 79.10. While the range of resistance were 80.05, 80.30 and 80.60.

Oil edged up after the storm sandy

U.S. crude oil prices scored only a slight increase on Wednesday as post-prepared for the potential disruption of fuel supply for the long term in the second largest refinery in the East Coast after the storm Sandy on the Jersey shore. The market focused on tightening fuel supplies East Coast as much as 238,000 barrels per day refinery may face Phillips 66 Linden, New Jersey, after Sandy jarring disconnect power and flooded some low-lying areas. The company on Wednesday said that the workers had returned, but found not predict when it will reopen.

Traders still predicts a decrease in the level of demand as the distribution is lost in the storm plus the already tight regional supply and supply disruptions. "I think there is a lot of action and speculation of hedge funds impact damage from Sandy," said Richard Ilczyszyn, chief market strategist and founder iitrader.com LLC (ex MF Global) in Chicago.

Visa Shares Trading Post Gains

Visa Inc. shares moved higher after the payment of the company's network posted an adjusted earnings were better than expected and announced a share repurchase program. Visa said that fourth-quarter earnings still out at income tax $ 1.54 per share. Analysts surveyed by FactSet had forecast the stock price of $ 1.50 per share. Total operating income rose 15% to $ 2.7 billion from the previous year, and the payments grew by 6%. Visa shares rose 1.7% to $ 141.10 ahead of the close of trading.

Visa posted a profit of $ 1.7 billion, or $ 2.47 per share, from $ 880 million or equivalent to $ 1.27 per share, a year earlier. For the 2013 financial year running, Visa said that revenue will grow by 10% to 13% over 2012, while the shares of class A will experience revenue growth of 17% to 19%. Visa also announced a share repurchase program worth $ 1.5 billion class A shares that will be conducted during the month of October 2013.

Yen Still Above 79.50 and Euro Strong - Fundamental Forex News of Today

Yen Still Above 79.50. Following yesterday's price fall in figures 79.95 to 79.28 after the BoJ's monetary policy decision released yesterday, the yen had recovered to 79.63 weekly price movements, was last seen. Down movement is likely due to the action of "sell the fact, rather than the market was disappointed on the size of the release of funds from the central bank stimulus. Weak economic data from Japan continue to emerge, today at 46.9 PMI manufacturing data, which is still below previous levels, respectively, in 4 months.

Bednarik also expressed his analysis: "The yen managed to close back above the daily movement yesterday DMA-200 level that offers dynamic support near 79.50". "Movements in the hourly chart shows a bullish signal although limited, although some indicators are still in the positive area, prices began to take shape under the SMA-200 and SMA-100. Bednarik was added, the movement per 4 hour chart is still bearish technical signals and must be able to penetrate above 79.70 to record continuing rise in the next few sessions. Range of support according to Bednarik, will be recorded at 79.40, 79.10 and 78.80. While the range of resistance was recorded at 79.70, 79.95 and 80.30.


Greece Wait Decision, Euro Strong

EUR / USD is under a high level last night but still remain strong after Greece reported almost reached agreement on reduction of austerity measures taken two years to encourage the exchange, according to HiFX senior trader Stuart Ive. With the lack of data for the Asian market, the market's focus today on a conference call by EU finance ministers today, he said.

"All the attention focused on whatever results come out for Greece and the markets are expecting Greece gets extension for two years." While the U.S. market will be re-opened after being closed for two days due to the storm Sandy. This news will be a guide for the movement of EUR / USD next. Euro at 1.2960 with support level at 1.2925 and the resistance level at 1.3000.

Reluctant to Hold Euro market

The market is still feeling the impact of the storm Sandy in U.S. session, with the stock exchanges in New York and the As bond markets are still not support to build any momentum for the euro, which was trading just above the 1.2950, ​​from a low of 1.2885 earlier in the day. While the numbers are still not a certainty 1:30 in the market. From the fundamental side, the trade has not found a compelling reason to move to buy euros or U.S. dollars, and the focus turned to a meeting of European finance ministers in Europe, with the subject of the additional time for Greece as much as 2 years and the prospect of aid for Greece.

While the expectations of the potential for Spain to be asking for help is still low. FXWW Founder, Sean Lee, noted that Euro look began bullish: "This year, the Euro is still technically bearish, while the MA-50 days have met with MA-200 days and the Euro have a bearish trend for the next 12 months. Now we see a potential change in direction (bullish) and will probably have an impact significant if the managers of large funds out of a long-term short positions ".

Aussie Back Flat This Week, Above 1.0350

Aussie back in the closing week against the U.S. dollar, was last seen at 1.0373, recovering from a low in the weekly Monday movement when reaching a daily low at 1.0326 doubles. Aussie continues to hold its gains yesterday during the London session at 1.0383 high ahead of the U.S. market for termination storm Sandy. Even important today for Aussie building approvals are still in the data, the estimated positive.

According to Valeria Bednarik, Chief Analyst at FXstreet.com, Aussie still retains a short-term bullish signal from the movement of the hourly chart, the indicator is still in the positive area, and SMA-20 moves up and offers a dynamic support near current levels. He continued: "In the movement per 4 hours, price range still holds: Aussie is still stuck in a range of 100 pips flat area near the SMA-20, while some indicators remaining in a neutral area. Aussie may be strengthened if breached resistance level 1.0410 and successfully move into it ". Bednarik says a range of support at 1.0360, 1.0330 and 1.0300. While the range of resistance was recorded at 1.0380, 1.0410 and 1.0445.
 

Starting seen Bullish Euro, Yen Back Pre-BoJ, Aussie close range

Starting seen Bullish Euro, Yen Back Pre-BoJ, Aussie close range. Thin strengthening Euro notes in general, as a result of the adjustment position traders and technical buying some action. Yen returned to levels before the release of the BoJ and the Aussie is still in the range ahead of next week's RBA meeting.


EUR / GBP and EUR / AUD is also worth a watch-movement of the currency pair when the two are trying to establish a pattern of short-term. The existence of risk appetite lure them to move up from current levels. The movement of the end of the month will usually buy a lot of fishing action that is strong enough for the EUR / GBP during the European trading session.


EUR / JPY has also recovered after the stimulus measures taken BoJ. Potency testing of this currency pair stands at 104.80. Consolidates below 80.00 yen figures and probably will seek to strengthen during the market continues to take action to buy, according to an analysis of Prime Brokers. Range for the yen will likely be 78.50/80.25 for several days or several weeks ahead with some selling that may be emerging.


Aussie is still within the scope of the range in the market, where the market seems likely to be on the waiting Aussie lower level first. In general, the movement of the Aussie is still bearish and this will likely continue in the 1.03/1.04 range for this week. Economic data from New Zealand and Australia may not have a significant impact on the movement of the Aussie.


Powered Hang Seng ICBC


Hong Kong stocks moved up in early trade, with earnings reports from Industrial & Commercial Bank of China Ltd., which helped the index, although stocks PetroChina Co. and Aluminum Corp. of China Ltd. dropped following their earnings reports. The Hang Seng Index rose 0.5% to 21,536.85 and the Hang Seng China rose 0.5% to 10.509.30. ICBC shares rose 1.6% after China's largest bank was posted a quarterly profit of 15%.

Its also posted a gain after earnings release, shares of Ping An Insurance Group Co. rose 1%, Air China Ltd. rose 0.4% and China Railway Group Ltd. rose 3%. But shares of energy producers (oil) it moves weaken, PetroChina fell 2.4% after reporting a profit fall, while Aluminum Corp. also experienced a fall of as much as 0.9%. The Shanghai Composite Index fell 0.3% to 2,056.85.