Tag: stock markets

Jul 12
Asian shares dart between gains and losses before key China data

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 […]

Jul 10
Stocks in Asia mostly edged up in Wednesday afternoon

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 […]

Jul 09
Asian stocks fall to two-week low

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 […]

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 […]

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 […]

Jun 21
Asian stocks struggled on Friday to follow Wall Street’s euphoria

Asian stocks struggled on Friday to follow Wall Street’s euphoria about a possible U.S. rate cut next month as anxiety over Sino-U.S. trade negotiations clouded investor sentiment in the region. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.1%. The Shanghai Composite Index rose 0.4%. Australian stocks declined 0.3%. Japan’s Nikkei shed 0.2% amid […]

Jun 20
Asian stock markets rallied on Thursday while the dollar dropped

Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.92%, led by gains in China. Tokyo’s […]

Jun 19
Asian shares climb, wager all on dovish Fed, trade hopes revive

Asian shares hit five-week highs on Wednesday as investors hoped the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day.  Asian shares All eyes are now upon the Fed which is scheduled to release a statement at […]

Jun 18
Asian stock markets cautious before Fed, oil on defensive

Asian stock markets: Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions. Asian Stock Markets The Shanghai Composite Index lost 0.25%. MSCI’s broadest index of Asia-Pacific shares outside Japan edged up 0.2%. […]

Jun 14
Asian stocks sagged ahead of China data

Asian stocks sagged on Friday ahead of key Chinese data that could provide more clues on how heavily the U.S.-Sino trade war is weighing on the economy, while oil prices were supported by supply concerns after attacks on tankers in the Gulf of Oman. Asian Stocks MSCI’s broadest index of Asia-Pacific shares outside Japan edged […]