Asian stocks and U.S. equity futures climbed on Monday after President Donald Trump suspended his plans for U.S. tariffs on Mexico. Treasuries fell as demand for havens sank. Asian Stocks The MSCI Asia Pacific Index rose 0.9% as of 2:00 p.m. in Tokyo. Japan’s Topix Index rose 1.6%. Shanghai Composite gained 1%. Hang Seng gained 2.1%. Kospi […]
Asian stocks hovered near four-month lows on Monday amid concerns about U.S.-China tensions while the euro was confined to a narrow range after the weekend’s European Parliament elections. Asian Stocks Wall Street’s major indexes edged higher on Friday in a rebound from the previous session’s losses after comments from U.S. President Donald Trump on trade […]
Asian stocks stumbled to a four-month low on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets. Asian stocks MSCI’s broadest index of Asia-Pacific shares outside Japan edged down 0.2 percent. Chinese shares recovered […]
Asian shares broke support and caved to a four-month low on Thursday, as concerns grew that the Sino-U.S. trade conflict was fast morphing into a prolonged technology cold war between the world’s two largest economies. Late Wednesday, Reuters reported the U.S. administration was considering Huawei-like sanctions on Chinese video surveillance firm Hikvision over the country’s […]
Asian stocks struggled for traction on Wednesday, as relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about an intensifying trade war between the world’s two largest economies. Asian Stocks In opening European trade, the pan-region Euro Stoxx 50 futures were down 0.03%. Germany’s DAX futures were up 0.01% and […]
Asian shares were trying to end a bleak week in the black on Friday as upbeat U.S. economic news and solid company earnings offered a respite from the interminable Sino-U.S. trade saga. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]
Asian shares struggled to find their footing on Thursday as confidence was shaken after the U.S. government hit Chinese telecoms giant Huawei with severe sanctions, threatening to further strain Sino-U.S. trade ties. Asian shares “Chinese stocks are mounting a rebound as they had been oversold in recent sessions. Sentiment is also better as President Trump […]
Asian shares rise to seven-month highs as positive Chinese and U.S factory activity surveys aided investor confidence, and the ebbing concerns over the global economy spurred selling of safe-haven U.S. bonds as yields rose from 15 month troughs. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 percent. Australian shares gained […]
Asian stocks stepped ahead on Friday as sentiment improved on a report that more progress has been made in U.S.-China trade talks and after UK lawmakers voted to delay a potentially chaotic exit from the European Union. Asian stocks MSCI broadest index of Asia-Pacific shares outside Japan gained 0.5 percent. The Shanghai Composite Index added 1.3 percent. […]