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Global Markets: Asian stocks surge on US Fed rate cut hopes, weak dollar
Fri, Jul 19, 2019
Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a US interest rate cut later this month.
Global Markets: Asia shares dip, dollar gains on weak sterling
Wed, Jul 17, 2019
Asian shares drifted lower on Wednesday after a lacklustre performance by Wall Street, while the dollar got a lift from robust US retail data and a Brexit-driven dive in the pound.
Global Markets: Asian shares tick up, US job data, earnings in focus ahead of Fed meeting
Tue, Jul 16, 2019
Early in the Asian trading day, MSCI`s broadest index of Asia-Pacific shares outside Japan was up 0.04 per cent. Japan's Nikkei index dipped 0.36 per cent.
Global Markets: Asian stocks pull back on renewed Sino-US trade tension, Fed rate cut hopes keep losses in check
Fri, Jul 12, 2019
Asian shares pulled back on Friday as worries over renewed Sino-U.S. trade tensions weighed on sentiment ahead of the release of June trade data from China.
Global Markets: Asia stocks rise, dollar sags as Fed chair sets the stage for a rate cut
Thu, Jul 11, 2019
Asian stocks rose and the dollar sagged on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a US interest rate cut later this month.
Global Markets: Asian stocks fail to catch Wall Street's Fed-fuelled rally
Fri, Jun 21, 2019
MSCI`s broadest index of Asia-Pacific shares outside Japan rose 0.1%. The index was up 4% on the week, during which it brushed its highest level since May 8.
Global Markets: Asian shares scale on Fed rate cut hopes, trade war fever
Wed, Jun 19, 2019
Asian shares jumped today as investors' on the hope that the Fed would follow the lead of the ECB and open the door to future rate cuts at its policy meeting later in the day.
Chinese markets dip as Communist Party mulling over indefinite term for Xi Jinping
Tue, Feb 27, 2018
China's major stock indices fell on Tuesday morning, led lower by real estate and resource firms, as investors booked profits after a six-session winning streak. Market participants continued to weigh the impact of certain amendments in the wording of China's constitution.
Asia sluggish after Wall St slips, dollar sags on White House woes
Tue, Oct 31, 2017
Asian stocks were mostly sluggish on Tuesday after weakness on Wall Street, while the dollar sagged following news that investigators probing Russian interference in the 2016 U.S. election had charged President Donald Trump`s former campaign manager.
Global Markets: Asia steadies after rally, dollar buoyant before Jackson Hole
Wed, Aug 23, 2017
Asian stocks steadied on Wednesday, taking a breather after the previous day`s surge and unable to keep up with a global rally spurred by gains for tech shares on Wall Street and miners in Europe.
Asian shares dip on profit-taking after Dow hits 22,000
Thu, Aug 03, 2017
"Those shares that were bought heavily on Tuesday are being sold aggressively. I would suspect investors want to take profits quickly after they saw a sharp correction last week," said Yukino Yamada, senior strategist at Daiwa Securities.
Sensex falls 75 points, Nifty slips below 9,600-mark on weak macroeconomic data
Thu, Jun 01, 2017
The BSE Sensex fell over 75 points to 31,070 and the Nifty slipped below 9,600-mark in early trade on Thursday as participants trimmed their positions, triggered by lower gross domestic product (GDP) numbers and core infrastructure sectors growth.
Asia stocks edge up on firmer Wall Street, pound nurses losses
Mon, May 29, 2017
Asian stocks edged up on Monday, taking cues from Wall Street shares hovering around record highs, while the pound nursed losses after a poll showed a shrinking lead for Prime Minister Theresa May`s party in Britain`s upcoming elections. MSCI`s broadest index of Asia-Pacific shares outside Japan was a touch higher.
Oil languishes after OPEC fails to deepen supply cuts, Asia stocks retreat
Fri, May 26, 2017
The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018.While OPEC`s move had been expected, some oil market investors had hoped producers would agree to longer or deeper cuts to drain a global glut of oil.
Moody's downgrades Hong Kong after China ratings cut
Thu, May 25, 2017
The U.S. ratings agency downgraded Hong Kong`s rating to Aa2 from Aa1 and said credit trends in China will continue to have a significant impact on Hong Kong`s credit profile due to close economic, financial and political ties with the mainland.
Global Markets: Oil price jump on U.S. inventories slide boosts stocks
Thu, May 11, 2017
Oil prices held on to 3 percent-plus overnight gains, their biggest one-day jump since Dec. 1, following a steep drop in U.S. inventories and support from Iraq and Algeria for an extension to OPEC supply cuts.
Asian stocks set on edge by Comey dismissal, North Korea tensions
Wed, May 10, 2017
Rising U.S. yields propped up the dollar to its strongest level against the Japanese yen in two months at 114.32 in the previous session but it gave back some of those gains after Trump fired FBI Director Comey in a move that shocked Washington.
Asian shares retreat from highs after Trump tax plan
Thu, Apr 27, 2017
The Canadian dollar and the Mexican peso remained under pressure as the United States was readying an executive order to withdraw from the North American Free Trade Agreement (NAFTA).
Sensex, Nifty tanks over 0.12%; Infosys shares down 3% post Q4 result
Thu, Apr 13, 2017
HDFC Securities said, "We have the results from Infosys in the morning. The markets have no great hopes from this tech bellwether. The industry is yearning for double digit growth and not getting it. To make matters worse, dollar is depreciating against the rupee."
Indian markets open in green; Coal India shares gain 1.14%
Mon, Apr 10, 2017
Motilal Oswal said, “Overall market will be focused on earnings. In the banking space, we like Yes Bank on back of strong earnings growth and relatively lower valuations compared to top names. OMC space remains attractive from a valuations perspective.”