Tag Archives: ASIA

Asian stocks dipped near two-and-a-half-year highs on Tuesday, while the U.S. dollar strengthened following hawkish remarks by Federal Reserve Chair Jerome Powell, which dampened hopes for significant interest rate cuts. Additionally, rising tensions in the Middle East contributed to a cautious risk sentiment among investors. Market Overview MSCI’s Broadest Asia-Pacific …

Most Asian stock markets experienced gains on Wednesday, buoyed by a series of new stimulus measures unveiled by Beijing aimed at bolstering economic growth. The positive momentum from Wall Street, where technology stocks drove the S&P 500 and the Dow Jones Industrial Average to record highs, also contributed to the …

Asian stocks experienced gains in choppy trade on Thursday, spurred by optimism following an outsized 50 basis point rate cut by the Federal Reserve, though the central bank’s higher projection for neutral rates tempered the enthusiasm. Wall Street’s weak overnight close also weighed on sentiment. However, U.S. stock index futures …

Asian currencies saw muted activity in Monday’s holiday-thinned trade, with regional markets focused on the highly anticipated Federal Reserve meeting this week. While markets in Japan, China, and South Korea were closed for holidays, the Japanese yen made significant gains, hitting an eight-month high, as traders positioned ahead of key …

Asian currencies saw muted activity in Monday’s holiday-thinned trade, with regional markets focused on the highly anticipated Federal Reserve meeting this week. While markets in Japan, China, and South Korea were closed for holidays, the Japanese yen made significant gains, hitting an eight-month high, as traders positioned ahead of key …

Most Asian markets advanced on Friday as investor attention turned to the Federal Reserve’s upcoming interest rate decision, potentially marking the first rate cut in over four years. Hong Kong’s markets led the region with strong gains, driven by bargain hunting in local technology heavyweights. Hong Kong Rallies on Tech …

Most Asian stocks advanced on Thursday, led by technology shares tracking an overnight surge in Nvidia, while Japanese markets outperformed following a softer-than-expected producer inflation report, which eased concerns over potential interest rate hikes by the Bank of Japan (BOJ). Tech Shares Lead Gains After Nvidia AI Optimism Regional technology …

Asian stocks largely declined on Wednesday, driven by uncertainties surrounding the U.S. presidential race and growing concerns over trade tensions. Chinese markets took a particularly sharp hit, with the Shanghai Composite and Shanghai Shenzhen CSI 300 indexes falling 0.8% and 0.2%, respectively, reaching seven-month lows. Hong Kong’s Hang Seng index …

Asian stocks rose on Friday, driven by a recovery in technology shares and month-end bargain buying, particularly in China, which helped to reverse some of the heavy losses seen earlier in August. Tech Recovery and Positive Wall Street Cues Boost Asian Markets The recovery in Asian markets followed a positive …

Asian shares followed Wall Street futures lower on Thursday, with investor sentiment dented by Nvidia’s (NASDAQ: NVDA) less-than-anticipated earnings results. The tech-heavy index’s slip sent ripples through global markets, causing a broader selloff in Asian equities. Meanwhile, the U.S. dollar steadied, and the Treasury yield curve approached a positive turn, …