Category: Stock Market

Asian stocks jumped on Monday as China’s central bank changed the way a key interest rate benchmark is set. Asian stocks Hong Kong’s Hang Seng Index climbed 1.7%. Japan’s Nikkei 225 jumped 0.5%. China’s Shanghai Composite Index gained 0.6%. In addition, Korea’s Kospi also rose 0.5% while Australia’s S&P/ASX 200 gained 0.9%. Analysts have seen […]

Oil prices gained on Monday in Asian following a volatile week as traders digested the latest development on the Sino-Us talks. U.S Crude Oil WTI futures rose 1.0% ti $55.33 per barrel. International Brent Oil Futures climbed 1.1% to $59.27 per barrel. Oil markets swung between gains and losses last week as a delay on […]

Asian shares suffered their steepest daily drop in nine months on Monday, as Sino-U.S. trade friction sent the yuan slumping to a more than decade trough and stampeded investors into safe harbors including the yen, bonds and gold. Asian Shares Australia’s S&P/ASX 200 Index lost 1.7%. South Korea’s Kospi index fell 2.2%. Hong Kong’s Hang […]

Asian stocks on Tuesday were a bit higher ahead of U.S – Sino talks while the pound set to a 28-month low as no deal Brexit concerns were higher. Asian Stocks “Up until now, many market participants had been on the sidelines while the markets factored in the likelihood of the Fed’s rate cut,” said […]

Asian shares fell on Wednesday to a six-week low, rattled by fresh trade was concerns following threats from President Donald Trump to Beijing. “Trump’s comments suggest that U.S.-China trade negotiations are not going well, which is a new negative factor for the markets,” said Osamu Takashima, head of G10 FX strategy at Citigroup (NYSE:C) Global Markets Japan […]

Asian stocks were mostly slipped on Monday as investors awaited the resumption of U.S.-China negotiations in Beijing this week amid low expectations for a major breakthrough. Sterling was pinned near 27-month lows around $1.2375 amid reports the government of Prime Minister Boris Johnson was preparing the ground for a “no-deal” Brexit. Asian stocks MSCI’s broadest […]

Asian shares rose while the euro stayed near two-month lows as soft economic data fuelled hopes the European Central Bank could cut rates at its meeting on Thursday. Asian Shares Japan’s Nikkei, touched nearly three-month highs before trimming gains to be up 0.33%. Australian shares neared a 12-year peak, driven by expectations the ECB and the […]

Asian shares traded higher on Wednesday because of the signs of US-China talks. US negotiators are expected to travel to China to resume talks on trade agreement and will be the first face-to-face talks since President Donald Trump met Xi Jinping. Asian shares Shangai Composite Index rose 1.1% and Hong Kong’s Hang Seng gained 0.9%. In […]

Asian Shares edged up on Tuesday afternoon, as investors await closely-watched central bank meetings in the coming days. There are expectations that the European Central Bank and Federal Reserve will cut interest rates. “The likelihood of easing by the Fed is supportive for equity markets, but the probability of a 25 basis point rate cut […]

Asian shares fell on Monday since investors scaled back expectations of an aggressive interest rate cut. Asian shares MSCI’s broadest  index of Asia-Pacific shares outside Japan was down 0.4%. Japan’s Nikkei dropped 0.3%, domestic earnings for this season starts this week. The Shanghai Composite Index was down 1.1% and Hong Kong’s Hang Seng dropped 0.9%. […]