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Market Drivers – Asian Session 10-11-2021

The Asian session did not witness violent volatility and the markets are now waiting for inflation data from the US. China on Wednesday floated euro-denominated sovereign bonds, raising 4 billion euros ($4.62 billion), three weeks after issuing billions of dollars in dollar-denominated bonds. The Chinese Ministry of Finance said that …

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Market Drivers – Asian Session 09-11-2021

The Asian session on Tuesday was quiet, with Asian stocks looking for a clear direction. The Nikkei index closed down 0.75 percent to 29,285.46 points, after rising 0.82 percent earlier in the session. The broader Topix index fell 0.81 percent to 2018.77 points. Many technology-related stocks shone, led by SoftBank …

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Market Drivers – Asian Session 04-11-2021

The Asian session was relatively quiet. The Nikkei index rose 0.93% to close at 2,9794.37 points, while the broader Topix index jumped 1.18% to 2055.56 points. Heavy losses led the shipping sector to fall 6.25%, becoming the worst-performing among the Tokyo Stock Exchange’s 33 sub-sectors. Brent crude contracts, the international …

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Market Drivers – Asian Session 02-11-2021

The Asian session was quiet and the Australian interest rate decision was the main driver of the session on Tuesday. The Reserve Bank of Australia (RBA) board members announced no changes to the official cash rate (OCR), leaving it at a record low of 0.10% during their November monetary policy …

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Market Drivers – Asian Session 01-11-2021

Monday’s Asian session was calm. The Nikkei index posted its biggest gain in more than 4 months, up 2.61% to 29,647 points, its highest since late September. The broader Topix index rose 2.18%, reaching its highest level in a month at 2044.72 points. Gold traded at $1,783.01 an ounce after …

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Market Drivers – Asian Session 29-10-2021

Markets witnessed a quiet Asian session today. The Nikkei index rose 0.25 percent to close at 28,892.69 points, after falling about 1.2 percent earlier in the session. The index increased during the week by 0.3 percent. The broader Topix index also increased and closed up 0.08 percent at 2001.18 points. …

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Market Drivers – Asian Session 28-10-2021

The dollar index, which measures the greenback against a basket of six other currencies, was up 0.1% at 93.835, with moves seen limited ahead of next week’s policy-setting meeting by the Federal Reserve. The Nikkei index closed down 0.96 percent at 28,820.09 points, while the broader Topix index fell 0.7 …

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