Tag: Stocks

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 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 […]

May 27
Gold prices rose on Monday in Asia; U.S.-China trade spat

Gold prices touched a more than one-week high on Monday as fears of a protracted U.S.-China trade war, while poor economic data from the United States bolstered bets of a U.S. Federal Reserve rate cut. Gold Prices Spot gold edged 0.1% higher to $1,286.21 per ounce as of 0714 GMT. Earlier in the session, the […]

May 23
Asian shares hit four-month low Thursday

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 […]

May 21
Asian shares won some respite on Tuesday

Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.35%. Japan’s Nikkei fell 0.4%. The blue-chip CSI300 index rose 1.0%. In New York, […]

May 20
Asian shares steady after slump, oil jumps on Saudi

Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.-China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America. Asian Shares Australian shares underpinned the market’s firmer mood, jumping 1.7%. MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.6%. […]

Apr 05
Asian shares up on Friday

Asian shares consolidated their weekly gains on Friday as Sino-U.S. talks produced a lot of headlines but no conclusions, while caution ahead of U.S. payrolls and a holiday in China dampened volatility. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan eased 0.1 percent. The index was still up 1.8 percent for the week […]

Apr 03
Asian shares near seven-month highs

Asian shares hovered near seven-month highs early on Wednesday as global investors paused for breath after the strong rally seen earlier this week, while oil approached the key $70 per barrel mark. Asian Shares MSCI’s broadest index of Asia-Pacific shares outside Japan was up less than 0.1 percent early in the Asian trading day. Australian […]