Category: Stock Market

Sep 04
Asian stocks track Chinese gains

Asian stocks followed a firmer Chinese lead on Wednesday after a report showed growth in the country’s service sector accelerating despite broader economic headwinds, while the pound halted its decline on hopes a no-deal Brexit may yet be averted. Asian Stocks The Shanghai Composite Index added 0.3% while the blue-chip CSI300. MSCI’s index of Asia-Pacific shares […]

Sep 03
Asian stocks were mostly lower on Tuesday

Asian stocks were mixed in thin trading Tuesday as investors awaited to see if Chinese and American officials can schedule a planned meeting this month to continue trade talks. Treasury yields ticked higher and the dollar strengthened. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.3% while Japan’s Nikkei rose by 0.1%. China’s […]

Sep 02
Asian stocks mixed; new US-China tariffs into effect

Asian stocks were mixed on Monday afternoon as new U.S. and China tariffs went into effect over the weekend. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.24%, Shenzhen component was up 1.69%. The Shenzhen composite also gained 1.728%. Elsewhere, the Nikkei 225 in Japan shed 0.35%, while the Topix index also fell 0.37%. […]

Aug 29
Asian shares mixed on Thursday; dollar steady

Asian shares were mixed on Thursday as investors continued to watch the yield curve in U.S Treasurys, which inverted further overnight. Asian Shares  The MSCI Asia ex-Japan index rose 0.08%. The Nikkei 225 in Japan close slightly lower at 20,460.93, while the Topix finished its trading day largely flat at 1,490.17. In South Korea, the Kospi […]

Aug 28
Asian shares eked out inadequate gains on Wednesday

Asian shares eked out inadequate gains on Wednesday, as higher Wall Street futures provided some relief for investors after an overnight U.S. selloff, though deeper worries about the global economy are likely to keep a lid on sentiment. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.03%. Japan’s Nikkei rose 0.04% […]

Aug 27
Asian stocks rose; optimism about US-China trade war

Asian stocks rose in step with their global peers while safe-haven bonds retreated on Tuesday, as signs Sino-U.S. trade hostilities might be easing for now helped restore investor confidence after the previous session’s rout. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.3% after dropping 1.3% the previous day. The Shanghai Composite […]

Aug 26
Asian shares sank on Monday as trade war deepens

Asian shares fall on Monday as the latest salvos in the Sino-U.S. trade war shook confidence in the world economy and sent investors steaming to the safe harbor of sovereign bonds and gold, while slugging emerging market currencies. Asian Shares On Friday, U.S. President Donald Trump announced an additional duty on some $550 billion of […]

Aug 22
Asia shares were flat on Thursday; uncertainty clarity on Fed

Asian shares went flat on Thursday as uncertainty over the outlook for both U.S. interest rates and the chance of global fiscal stimulus sucked the life out of markets. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan dropped 0.2% in very light volumes. Japan’s Nikkei gained 0.1%, as did Shanghai blue chips. E-Mini […]

Aug 21
Asian shares fell on Wednesday; eyes on Fed minutes

Asian shares slipped on Wednesday as fresh worries about a global recession led investors to dump risky assets, with US President Donald Trump showing no signs of backing down in his trade war with China. Trump said on Tuesday he had to confront China over trade even if it caused short-term harm to the US […]

Aug 20
Asian Stocks rose on Tuesday

Asian stocks were higher on Tuesday as investors digested signs of progress on trade negotiations and speculation of government stimulus to shore up economic growth. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan was traded at 0.31%. Japan’s Nikkei rose 0.45%. The S&P 500 gaining 1.21%. Currencies The Japanese yen was up 0.1% […]