Category: Stock Market

Jan 22
Asian shares, oil skid on global growth worries

Asian shares stumbled and oil prices fell on Tuesday as pessimism about world growth drove investors away from risky assets, while sterling ticked lower in the face of the latest twists and turns in the Brexit saga. Stocks  FTSE futures (FFIc1) were off 0.2 percent. The blue-chip index (CSI300) off 1.2 percent. Hong Kong’s Hang Seng […]

Jan 22
European shares into negative territory

European shares opened in negative territory on Tuesday as growth worries weighed on global markets and disappointing results from UBS added to the gloom and dragged the banking sector down. At 0837 GMT, the STOXX 600 (STOXX) was down 0.1 percent with bourses all across Europe losing ground as a new batch for corporate updates […]

Jan 21
Asia keeps calm as China cools, Brexit news awaited

Asian markets kept their nerve on Monday as data showed the Chinese economy slowed at the end of last year, underlining the urgent need for more stimulus as Beijing wrestles with the United States over trade. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) up 0.2 percent, after rising 1.6 percent last week. […]

Jan 18
Global stocks rose to their highest; Progress toward Sino-US

Global stocks rose to their highest in more than a month on Friday after a report suggested progress toward resolving the trade dispute between the United States and China. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.55 percent. The index has gained 1.3 percent this week. (SXAP) rising 1.3 percent. Germany’s exporter-heavy […]

Jan 17
Asia Markets: struggle for gains despite strong US earnings

Asia Pacific shares gave up early gains on Thursday despite strong quarterly earnings in the U.S. and after the U.K. government won a parliamentary confidence vote. Worries over China likely weighed on market sentiment. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) up a slight 0.2 percent Japan’s Nikkei (N225) was almost flat. S&P 500 (ESc1) drifted down […]

Jan 16
Global shares weather May’s Brexit debacle, pound steadies

Global share markets and the sterling weathered a UK political storm as investors wagered that London will have no choice but to delay its Brexit deadline to avoid a disorderly exit from the European Union. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) ticked up 0.14 percent. Japan’s Nikkei (N225) lost 0.55 percent […]

Jan 14
Asia markets fall as investors react to Chinese trade data

Asia markets started the week low as major indexed in South Korea, China, Hong-Kong and Singapore tumbled. The market in Japan is closed for a public holiday. Chinese government showed the data exports and imports of December where fell unexpectedly, deepening concerns of a slowdown in the world’s second-largest economy as Beijing’s trade war with […]

Jan 11
Asia stocks reach five-week high. Big gains for yuan

Asian stocks reach up to five-week highs on Friday, after Chairman Jerome Powell reiterated the Federal Reserve will be patient about raising interest rates and news that trade talks between Sino and US are moving to higher levels. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.2 percent to the highest levels since […]

Jan 10
Asia shares recover as China stocks rise after weak data

Asian shares edged up on Thursday as stimulus expectations and a rise in the yuan helped Chinese equities erase early losses, while markets awaited more news on U.S.-China trade talks amid hopes that an all-out trade war can be averted. Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 percent. China’s blue-chip CSI […]

Jan 09
Asian shares hit three-and-a-half-week high on U.S.-China trade optimism, oil climbs

Asian shares climbed to a 3-1/2-week high on Wednesday, supported by growing optimism that the United States and China can strike a trade deal to avoid an all-out confrontation that would severely disrupt the global economy. The United States and China agreed to extend trade talks in Beijing for an unscheduled third day on Wednesday, amid […]