Category: Stock Market

Sep 18
Stocks in Asia mixed as investors await Fed interest rate decision

Stocks in Asia Pacific were mixed in Wednesday afternoon trade as investors await the U.S. Federal Reserve’s interest rate decision, set to be released later stateside. Stocks in Asia The MSCI Asia Pacific Index slid 0.1% at 1:40 p.m. in Tokyo. Japan’s Topix index fell 0.6%. South Korea’s Kospi rose 0.4%. Hong Kong’s Hang Seng […]

Sep 17
Oil trims gains, but Middle East risks keep stocks on back foot

Oil exporter currencies held firm while the dollar found broad support as recent attacks on Saudi oil facilities and the threat of military action in the region kept crude prices kept prices elevated. Middle East risks keep stocks on back foot. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.66%. Chinese […]

Sep 16
Oil prices Jump more than 10% after a drone attack

Oil prices surged more than 10% on Monday in Asia after a drone attack on Saudi Arabia’s oil facilities eliminated 5.7 million barrels of daily production over the weekend. U.S. Crude Oil WTI Futures surged 11.0% to $60.84 by 9:09 AM ET (01:09 GMT). International Brent Oil Futures spiked 12.7% to $67.77. Drone strikes attacked an oil processing facility […]

Sep 16
Asian stocks mixed; Oil prices jump more than 10%

Asian stocks were mixed in Monday afternoon trade, as oil prices surged following drone attacks over the weekend that hit major oil production facilities in Saudi Arabia. Asian stocks The Shanghai composite up 0.1% The Shenzhen component gained 0.34%. Shenzhen composite added 0.503%. Hong Kong’s Hang Seng index shed 1%. Shares of Hong Kong Exchanges […]

Sep 13
Asian stocks were higher on Friday; hopes for a break in the US-China trade war.

Asian stocks rallied Friday on continued hopes for a break in the US-China trade war. Investors are staying positive ahead of highly anticipated trade negotiations between the United States and China in the coming weeks. The two countries have showed signs in recent days that they are interested in easing the tensions between them. Asian stocks Markets in mainland […]

Sep 11
Stock markets held steady, bonds climbed

Stock markets and bond yields held steady on Wednesday, as hopes of easing U.S.-China tensions and diminished risk of a no-deal Brexit prompted traders to take profit before key central bank meetings. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4%. Japan’s Nikkei average climbed 0.9%. The Topix Value index jumping 1.9% whereas […]

Sep 10
Asian stocks mostly weaker

Asian stocks swung lower on Tuesday, weighed by Chinese markets after data showed mainland factory prices shrinking at their fastest pace in three years while reports of German stimulus plans pushed global bond prices down Asian Stocks China’s producer price index fell 0.8% in August year-on-year. Blue chip shares in China (CSI300) down 0.76%. Index […]

Sep 09
Asian markets mostly higher on Monday

Asian markets were higher on Monday. Investors are looking for signs about how central banks around the world may take action to support economic growth. The central bank has already indicated that it could take more steps to stimulate the economy. Asian Markets MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) added 0.1%. Hong […]

Sep 06
Asian shares rise on trade talks hope

Asian shares gained on Friday, joining a global trend as investors took heart from firm U.S. economic data plans hopes a meeting between U.S. and Chinese negotiators next month signals an easing in trade tensions. Asian shares MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.4%. The Shanghai Composite Index edged up 0.1%. Hong Kong’s Hang Seng […]

Sep 05
Asian shares extended gains on Thursday

Asian shares extended gains on Thursday and U.S. stock futures jumped after China said it will hold trade talks with the United States in early October, raising hopes they can de-escalate their trade war before it inflicts further damage on the global economy. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up […]