Tag Archives: Market

Negativity dominated the performance of Asian stocks after the release of key Chinese economic data. Japanese stocks closed slightly lower Monday, October 18, as investors took profits after the latest rally, but automakers gained after Toyota hinted that it might meet its full-year production target despite a lack of chips. …

Asian stocks rose in the last trading day, tracking the positivity on Wall Street overnight as investors were optimistic about US corporate earnings and better-than-expected employment data. The Nikkei index achieved its first weekly gain in four weeks after jumping at the close of today’s session. The Nikkei index rose …

The Nikkei 225 rose 1.46% to close at 28,551. The broader TOPIX index rose 0.67% on Thursday, as Japanese technology heavyweights carried the index higher and following dovish comments from a BoJ board member. Australian Bureau of Statistics data revealed that the labor market recorded a mixed performance during September, …

There were no strong moves during the Asian trading on Wednesday, while Asian stocks were still looking for direction. The Nikkei 225 index briefly rose, but quickly retreated and gave up its gains, losing 90 points, or 0.32%, to close at 28,140 on Wednesday. Investors are awaiting US inflation data …

Unit Labor Costs in the US’ nonfarm business sector declined by 8.9% on a yearly basis in the third quarter, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed an 8.5% (revised from 9%) increase in the previous quarter and came in better …

A survey showed that the economic recovery in the Eurozone was faltering in September due to the decline of the service sector, which dominates the economy of the bloc, as a result of re-imposing some restrictions on activities to prevent a new spread of the Coronavirus. Rising infection rates in …

Unit Labor Costs in the nonfarm business sector rose by 9% on a yearly basis in the second quarter, the data published by the US Bureau of Labor Statistics showed on Thursday. This reading followed a 12.2% increase in the first quarter and fell short of the market expectation of …

A survey showed that the recovery of the Eurozone economy from its biggest downturn on record faltered in August as growth in the services sector dominating the bloc almost completely halted, suggesting that the long road to recovery is bumpy. Last quarter, the bloc’s economy shrank 12.1%, as the imposition …

The yellow metal was dominant last week, as it recorded a rise of more than 3% or $ 61 to reach $ 2028 an ounce. The rise in gold came after increasing tensions between the United States and China besides the increase in Covid-19 cases, especially in the US. Oil …

The return of tensions between Washington and Beijing was the centre of attention last week, with the increase in COVID-19 cases in the United States to unprecedented numbers, along with the tensions of the American presidential elections and doubts about Trump’s ability to win the upcoming polls amid the increasing …