Asian Shares reached a 4-month high on Monday as traders acted on the revival of Chinese activity to support the global economic growth, despite the high number of Covid-19 cases in US that had delayed the reopening of the economy. MSCI’s Asia Pacific Index outside Japan fell 1.5% to its highest …
Read More »Asian Shares Hit Four-Month High
Asian stocks rose to a four-month high on Friday in reaction to the report of strong payroll report (NFP) and growth in Chinese service activity, but the rise of Covid 19 cases in US has put limits on more risk appetite. China’s service sector activity expanded at its fastest pace …
Read More »Asian Stocks Are Near 4-Month Highs With Hopes of COVID 19 Vaccine
Asian stocks were sailing near 4-month highs on Thursday, as hopes doubled over a vaccine for COVID 19, while copper prices rose to a 6-month high. The entire market focus today is on US employment data, due for release later today, which will give clear cues of how the world’s …
Read More »European Shares Rise as COVID-19 Vaccine Approaches
European stocks rose on Thursday, with hopes increasing for a COVID-19 vaccine and other encouraging data, all of which led to a spike in sentiment ahead of NFP data from the US. Financial markets had started the second half of the year with positive news as the global slump in …
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