Tag: stock markets

May 14
Stock markets drop and bonds were in demand on Thursday

Stock markets fell and bonds were in demand on Thursday as worries grew about a second wave of coronavirus infections and a dour assessment from the head of the U.S. Federal Reserve dashed hopes for a quick economic recovery. “The path ahead is both highly uncertain and subject to significant downside risks,” Fed Chair Jerome […]

Apr 02
Asian Stocks Mixed as Economic Toll of Virus Worsens

Asian stocks were meandering Thursday after a White House warning that as many as 240,000 Americans might die of the coronavirus sent Wall Street tumbling and signs of the outbreak’s global economic cost increased. Asian Stocks and Tokyo’s Nikkei 225 lost 0.3% to 18,007.46, adding to the previous session’s 4.5% loss. The Hang Seng in […]

Nov 05
Asian shares vaulted to six-month highs on Tuesday

Asian shares vaulted to six-month highs on Tuesday, surpassing their July peaks, as hopes that Washington may roll back some of the tariffs it has imposed on imports from China shored up optimism on the global economic outlook. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) gained 0.5% to reach levels last […]

Sep 23
Asian shares markets slipped on Monday

Asian shares markets slipped on Monday as investors waited for more clarity on the Sino-U.S. trade talks after recent negotiations, while oil gained more than 1% as Middle East tensions remained elevated. Asian shares Chinese shares opened in the negative territory, with the blue-chip index down 1.5%. Hong Kong’s Hang Seng index (HSI) was 0.8% weaker […]

Sep 11
Stock markets held steady, bonds climbed

Stock markets and bond yields held steady on Wednesday, as hopes of easing U.S.-China tensions and diminished risk of a no-deal Brexit prompted traders to take profit before key central bank meetings. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4%. Japan’s Nikkei average climbed 0.9%. The Topix Value index jumping 1.9% whereas […]

Aug 05
Asian shares hit six-month low as

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 […]

Jul 25
Asian shares edge up before ECB decision

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 […]

Jul 24
Asian shares higher on hopes for US trade talks

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 […]

Jul 18
Asian shares fall on weak earnings, trade tensions

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%. […]

Jul 16
Asian shares inch up as cautious investors await U.S. data, earnings

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 […]