Tag Archives: ASIA

Asian share markets experienced a downturn on Tuesday as global investors awaited the official results of India’s general election and assessed the potential weakening of the U.S. economy’s exceptionalism amid further decline in manufacturing activity. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.4%, despite mild gains in U.S. …

Asian stocks experienced slight gains on Friday as investors turned their attention to the upcoming U.S. PCE inflation data, a key indicator that could influence the Federal Reserve’s interest rate decisions. Meanwhile, Chinese markets advanced despite weak economic data, as hopes for further stimulus measures provided a boost. Regional stocks …

Asian stock markets staged a comeback on Monday, recovering some lost ground from the previous week. This upswing was fueled by a strong finish on Wall Street last Friday, particularly driven by gains in technology stocks that propelled the NASDAQ Composite to a record-high close. However, the anticipation of crucial …

On Friday, most Asian stock markets declined, mirroring the negative sentiment from Wall Street as persistent concerns over U.S. inflation and high interest rates dampened investor appetite for riskier assets. Chinese Markets: Shanghai Shenzhen CSI 300: Fell 0.4%Shanghai Composite: Declined 0.2%Hang Seng Index: Dropped 1.5% Chinese markets continued their downward …

Japan’s Nikkei blue-chip index fell on Monday as investors rushed to sell stocks after escalating violence in the Middle East and a sell-off on Wall Street at the end of the week. Shares of the Japanese semiconductor sector followed their American counterparts in decline after a media report stated that …

China has pledged to reduce the amount of liquidity its banks must hold in reserves early next month as it attempts to boost its faltering economy. The Chinese central bank said it expects rapid credit growth in the first quarter. Pan Gongsheng, governor of the People’s Bank of China, said …

The People’s Bank of China has opted to maintain the country’s interest rates at 3.45%, in line with market expectations. Similarly, the 5-year lending rates were retained at 4.2%, aligning with the anticipated and priced-in scenario. However, the People’s Bank of China surprised the markets by keeping the interest rate …

During the US trading session, natural gas prices dropped 10%, taking over from the European session. The US Dollar is steady ahead of US CPI and the last Fed’s policy meeting for 2023. A COP28 draft agreement is set to be presented, with fossil fuels set to be reduced instead …

As he gets ready to leave for San Francisco, Fed Chair Jerome Powell may want to discuss China’s plans with Chinese officials on how to avoid a prolonged deflationary slump. However, it is worth noting that 4 years ago, on the thirteenth of November 2019, Powell said it is hard …

Asian stocks rose on Monday as investors bet the Federal Reserve would stop rising interest rates in the United States, and on optimism that Beijing’s continuous drip of economic stimulus would be enough to at least stabilise the Chinese economy. Due to a holiday in the United States, trading was …