Category: Stock Market

Jul 05
Asian shares near two-month highs before U.S. payrolls test

Asian shares hovered near two-month highs on Friday as investors braced for U.S. employment data, a key release that could stoke or temper market expectations about aggressive policy easing by the Federal Reserve. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was set for its fifth straight weekly rise, which took it to […]

Jul 04
Asian Stocks Mixed After U.S. Gains

Asian stocks were mixed in trading thinned by Thursday’s U.S. holiday, following gains on Wall Street that took American shares to a record high. The dollar was little changed, amid further comments on Chinese and European currency manipulation by President Donald Trump. Shares in Japan and Australia rose, and fluctuated in Hong Kong, South Korea […]

Jul 03
Asian markets fell in morning trade on Wednesday

Asian markets fell in morning trade on Wednesday amid trade worries as White House trade advisor Peter Navarro said a potential trade deal between the U.S. and China is still a ways off. Bonds extended gains globally ahead of the U.S. holiday and as investors weighed a run of poor economic data and the prospect […]

Jul 02
Asian Stocks were mixed, Treasuries little changed

Asian Stocks were mixed on Tuesday, and Treasuries little changed, as enthusiasm over the U.S.-China trade truce proved short-lived amid a disappointing set of economic data. Asian Stocks U.S. President Donald Trump said that he would hold off slapping an additional tariffs on $300 billion in Chinese goods as the two countries resumed trade negotiations. […]

Jul 01
Asian Shares relieved at trade truce, bonds step back

Asian Shares rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute averted one threat to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks. Asian Shares Chinese blue chips climbed 2.1% to their highest. Japan’s Nikkei climbed 1.6% to a […]

Jun 28
Asian shares falter as Trump-Xi trade jitters build

Asian shares stumbled on Friday amid rising doubts that a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping this weekend could lead to an easing of trade tensions. Asian Shares Chinese blue chips (CSI300) fell 0.49%. Hong Kong’s Hang Seng lost 0.59%. Australian shares (AXJO) were off 0.3%. U.S S&P 500 […]

Jun 27
Asian shares turn up on Sino-U.S. trade truce hopes

Asian shares were higher on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations’ leaders in Tokyo. The South China Morning Post (SCMP), citing sources, said Washington and Beijing were laying out an agreement that would help avert […]

Jun 26
Asian stocks dip after Fed tapers aggressive easing expectations

Asian stocks dipped on Wednesday and the dollar inched up from three-month lows after Federal Reserve officials tempered expectations in the markets for aggressive monetary easing. Asian Stocks Euro Stoxx 50 contracts lost 0.3% as of 3:18 p.m. in Tokyo, while S&P 500 futures rose less than 0.1%. The underlying gauge fell 1% Tuesday. Japan’s […]

Jun 25
Asian stocks declined and U.S. futures slipped on Tuesday

Asian stocks declined and U.S. futures declined on Tuesday as traders mulled geopolitical strains and positioning for the up coming U.S.-China summit meeting. Trasuries, gold and the yen rose. Asian Stocks “It’s always possible the chair could walk back some of the market’s dovish interpretation of last week’s FOMC meeting…but we suspect he will reinforce the […]

Jun 24
Asian stocks tick up, oil rises amid U.S.-Iran tensions

Asian stocks edged up on Monday as investors pinned their hopes on any signs of a thaw in Sino-U.S. trade negotiations, while oil prices firmed on heightened tensions between the United States and Iran. Asian Stocks Wall Street shares closed slightly lower on Friday after hitting a record high thanks to signals last week from […]