View on market: Stay Cautious, be with quality business: Stocks in Asia followed equities on Wall Street by rising marginally after US inflation cooled ahead of the Federal Reserve’s policy decision later Wednesday. Asian markets opened in green on Wednesday as the Japanese Nikkei 225 was up 0.15%,…
View on market: Stay Cautious, be with quality business: Shares climbed in Japan, South Korea and Australia, following a 1.4% gain in the S&P 500, which notched its best session in nearly two weeks. Crude rose 3.6% as a key pipeline between the U.S. and Canada remains shut,…
View on market: Stay Cautious, be with quality business: Stocks declined in Asia at the start of a pivotal week for markets, with interest rate decisions due from the Federal Reserve, the European Central Bank and a host of their peers. The dollar edged higher and made gains…
View on market: Stay Cautious, be with quality business: Asian markets opened on a positive note on Friday morning, the Japanese shares are higher today as the Nikkei 225 gains 1.05%, as of 6:29 am, IST. U.S. stocks were upbeat on data indicating moderation in the labour market,…
View on market: Stay Cautious, be with quality business: Asian stocks opened lower following the flat closing in the U.S, markets after a volatile trading session. The Japanese Nikkei 225 fell nearly 0.82%, while the Australian S&P/ASX 200 was down 0.60% as of 6:17 am, local time. U.S.…
View on market: Stay Cautious, be with quality business: U.S. stocks dipped with as bank CEOs raised alarm over downbeat economic conditions. The S&P 500 fell 1.3% and the tech-heavy Nasdaq fell 1.7%. Yield on 10-year Treasuries declined one basis point to 3.56%. Oil fell 3.6% amid broader…
View on market: Stay Cautious, be with quality business: Asian stocks followed US shares lower after unexpectedly strong services data bolstered the case for the Federal Reserve to deliver higher interest rates. Oil fell 2.7% on weaker equity market conditions and sell-off ahead of the end of the…
View on market: Stay Cautious, be with quality business: Stocks opened on a cautious note in Asia as investors weighed the impact of a hot US jobs report and an accelerated shift toward reopening of the Chinese economy. Oil advanced after OPEC+ left oil production steady, sanctions on…
View on market: Stay Cautious, be with quality business: Stocks edged lower in Asia after US equities struggled for direction, with traders awaiting a jobs report later Friday for clues on the Federal Reserve’s next policy steps. The Bloomberg Dollar Spot Index steadied after sinking to its lowest…
View on market: Stay Cautious, be with quality business: Stocks in Asia extended gains following a sharp rally on Wall Street after Federal Reserve Chair Jerome Powell signaled a slowdown in the pace of rate hikes. Oil surged 2.8% above $80 a barrel after government data showed that…