Latest Market News

Aug 24
Asian shares advanced for a second straight session on Monday

Asian shares advanced for a second straight session on Monday, underpinned by coronavirus hopes after the U.S. Food & Drug Administration (FDA) authorised the use of blood plasma from recovered patients as a treatment option. Asian Shares E-Mini futures for the S&P500 gained 0.3%. MSCI’s broadest index of Asia-Pacific shares outside of Japan jumped 0.65%, […]

Aug 18
Asian shares set to follow Wall Street’s tech-driven rally

Asian shares were poised to track Wall Street’s tech fueled rally on Tuesday that saw the Nasdaq benchmark hit a fresh record while oil prices perked up on Chinese demand and hopes Sino-U.S. trade tensions were easing “We saw some strength in tech again with semiconductors driving the boat,” said Thomas Hayes, chairman at Great […]

Aug 12
U.S. equity futures advanced and stocks edged

U.S. equity futures advanced and stocks edged higher in Europe as bank shares rallied and bond yields climbed globally. Gold rebounded after finding support below $1,900 an ounce. Stocks Futures on the S&P 500 Index climbed 0.9% . The Stoxx Europe 600 Index gained 0.3%. The MSCI Asia Pacific Index increased 0.2%. The MSCI Emerging […]

Aug 11
Asian stocks gained the most in a week on Tuesday

Asian stocks gained the most in a week on Tuesday after a drop in coronavirus hospitalizations in some U.S. states, even as global cases topped 20 million. The dollar slipped. Japanese and Hong Kong equities rose more than 2%. Shares advanced in Australia and South Korea. S&P 500 futures rose, putting the benchmark on course […]

Aug 10
Global shares push higher on stimulus moves, US jobs data

Global shares advanced Monday in Europe and Asia after President Donald Trump issued executive orders to provide tax relief and stopgap unemployment benefits for Americans hit by the fallout from the coronavirus pandemic. Global Shares Germany’s DAX was flat at 12,673.25 while the CAC 40 in France added 0.5% to 4,911.65. Britain’s FTSE 100 picked […]

Aug 07
Asian stocks set for mixed start; US shares rise

Asian stocks looked set for a mixed open Friday as investors weighed hopes for an agreement on a stimulus package from Washington against continued US-China tensions. Shares closed higher on Wall Street and the dollar retreated. Futures were little changed in Japan, dipped in Australia and pointed higher in Hong Kong. Contracts opened flat on […]