Asian stocks edged up on Friday after Federal Reserve official cemented expectations of a U.S. interest rate cut later this month, fuelling appetite for riskier assets and keeping a cap on the dollar. Asian Stocks The Euro Stoxx 50 futures were rose 0.63%, German DAX futures traded at 0.63% and Britain’s FTSE futures gained 0.46%. […]
Asian shares edged lower on Thursday as Wall Street stocks dropped on early signs that the U.S.-China trade war could hurt corporate earnings, which helped underpin solid demand for safe-haven U.S. Treasuries. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.2%, while Japan’s benchmark Nikkei shed 1.7% and Australian shares fell 0.3%. […]
Asian shares drifted off on Wednesday as anxious investors awaited more earnings reports from corporate America, while the dollar held firm in the wake of robust U.S. retail data and a Brexit-driven dive in the pound. Asian Shares In stock markets trade was generally muted with MSCI’s broadest index of Asia-Pacific shares outside Japan off […]
Asian shares inch up as cautious investors await U.S. data, earnings. Equity indicators nudged higher on Monday as investors awaited U.S. retail sales data and corporate earnings to gauge the health of the world’s biggest economy, with markets remaining focused on a likely U.S. rate cut this month. Asian Shares MSCI’s broadest index of Asia-Pacific […]
Asian shares advanced on Monday as investors breathed a sigh of relief after encouraging Chinese data suggested the world’s second-biggest economy may be starting to stabilize thanks to ramped-up stimulus from Beijing. Asian Shares Trading was expected to be light as Japan was shut for a public holiday. MSCI’s broadest index of Asia-Pacific shares outside […]
Asian shares veered between small losses and gains on Friday as investors awaited key China trade and lending data, and as worries over Sino-U.S. trade tensions countered optimism rooted in expectations of a Federal Reserve rate cut this month. “Markets have enjoyed a bit of a calm spot in the U.S.-China trade war saga since […]
Asian stocks gained and the dollar drooped on Thursday after Federal Reserve Chair Jerome Powell reinforced prospects of a U.S. interest rate cut later this month. Asian Stocks In an appearance before his congressional overseers on Wednesday, Powell confirmed that the U.S. economy is still under threat from disappointing factory activity, tame inflation and a […]
Stocks in Asia mostly edged up in Wednesday afternoon trade as investors await comments from U.S. Federal Reserve Chairman Jerome Powell for possible clues on the central bank’s next move on interest rates. Asian Stocks Mainland Chinese stocks ended the morning session largely unchanged, with the Shanghai composite, Shenzhen component and Shenzhen composite all close to flat. The […]
Asian stocks fall to two-week low as hopes fade for big Fed rate cut, tech stocks drag. World stocks fell for a third straight day on Tuesday, as a stinging warning came from German chemicals giant BASF about the effects of the global trade war and traders hedged bets on a hefty U.S. interest rate […]
Asian shares fell on Monday after strong U.S. jobs data tempered expectations for a Fed rate cut, while the Turkish lira hovered near two-week lows on worries about central bank independence. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) lost more than 1%, with every market in the red. Japan’s Nikkei (N225) […]