View on market: Stay Cautious, be with quality business: Asian markets point towards a muted start as the U.S. stocks advanced late in the day amid holiday-thinned trading. The U.S. benchmarks were little changed in Asian trading. Sydney and Hong Kong are set to reopen after a long…
View on market: Stay Cautious, be with quality business: U.S. equity futures made small gains in cautious trading on Monday as the Asian session got underway. Investors weigh the U.S. jobs report, which support bets for another Federal Reserve rate hike to control inflation and ease concerns that…
View on market: Stay Cautious, be with quality business: Asian markets were set to fall after the U.S. equities dropped and government bonds rallied against the backdrop of weaker-than-expected economic data that supported forecasts for recession. Contracts for share benchmarks in Japan and Australia declined. The S&P 500…
View on market: Stay Cautious, be with quality business: Equity markets in Asia were poised for a cautious open after U.S. stocks halted a four-day winning streak amid a selloff in banks. Contracts for the U.S. benchmarks edged higher in early Asia trading Wednesday after the S&P 500…
View on market: Stay Cautious, be with quality business: U.S. equity futures slipped, the yen weakened and the Norwegian krone climbed as the surprise production cut from OPEC+ sent oil prices about 7% higher. The bumpy open to Monday trading and fears of rising prices contrasts with the…
View on market: Stay Cautious, be with quality business: Asia markets were set to rise after U.S. technology shares drove gains on Wall Street, despite pressure on financials after Federal Reserve officials reiterated their resolve to lower inflation. Alibaba Group Holding Ltd.’s logistics arm Cainiao Network Technology Co.…
View on market: Stay Cautious, be with quality business: Chinese technology shares are set to rally Wednesday as a reorganization of Alibaba provides a bright spot in Asian stocks following a decline in U.S. equities. On the other hand, a slide in technology shares halted a three-day advance…
View on market: Stay Cautious, be with quality business: U.S. stocks rose on the back of gains in financial shares even as tech stocks retreated from last week’s rally. The S&P 500 rose 0.2%, while the tech-heavy Nasdaq 100 fell 0.8% by 12.47 p.m. in New York. The…
View on market: Stay Cautious, be with quality business: Australian shares opened marginally higher while the futures for other Asian markets pointed to mixed sentiment.Australian shares opened marginally higher while the futures for other Asian markets pointed to mixed sentiment. U.S. stock futures made small gains while a…
View on market: Stay Cautious, be with quality business: Asian markets decline after a technology-driven rally on Wall Street failed to ease the pressure over the banking sector. U.S. investors piled into top technology companies including Apple Inc. and Microsoft Corp. to push the Nasdaq 100 close to…