News

Oct 17
Sterling faltered on fading hopes of a Brexit deal

Sterling faltered on fading hopes of a Brexit deal on Thursday, while a five-session rally in Asian stocks ran out of steam as weak U.S. retail sales fanned fears about the health of the world’s biggest economy. Asian stocks South Korean, Australian and New Zealand indexes were all in negative territory. Sterling fell 0.5% to […]

Oct 16
Asian shares lost some steam in trading on Wednesday

Asian shares lost some steam in Asian trading on Wednesday while sterling came off five-month highs as investors remained uncertain whether crunch talks in Brussels would lead to a deal to avoid a disorderly British exit from the European Union. Asian shares European stocks were on track to open lower after big gains the previous […]

Oct 15
Asian shares, pound rise on cautious Brexit deal hopes

Asian shares and the pound gained on Tuesday as investors held out hope that Britain still had a chance of avoiding a messy exit from the European Union at key negotiations this week.  Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.1%. Australian shares were up 0.17%. Japan’s Nikkei stock index […]

Oct 14
 Asian shares firmed on Monday as signs of progress in the Sino-U.S. talks

Asian shares firmed on Monday as signs of progress in the Sino-U.S. trade standoff whetted risk appetites, though investors remained wary of the damage already done to the global economy.  Asian shares  MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.1% in light trade. Australia’s main index tacked on 0.6% and South Korea rose […]

Oct 11
Asian shares jump on ‘very good’ trade talks, pound edges up

Asian shares jumped on Friday after U.S. President Donald Trump said he would meet with China’s top trade negotiator, stirring hopes for an agreement, while sterling resumed its climb amid optimism over a possible Brexit deal. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan advanced 1.3% on Friday afternoon in Asia. S&P e-mini […]

Oct 10
Global stocks tumbled in early Asian trade on Thursday

Global stocks tumbled in early Asian trade on Thursday, on signs Washington and Beijing were still wide apart on trade issues and were making no progress in deputy-level talks. Nifty futures on Singapore exchange traded with deep cuts, signalling weakness following Wednesday’s big rally. Global Stocks Futures on the S&P 500 Index were little changed […]