View on market: Stay Cautious, be with quality business: Asian stocks weakened after US shares fell and fear swept through cryptocurrencies, denting risk appetite ahead of crucial inflation data due later Thursday. Crude fell 2.4% on higher stockpiles and weak demand outlook from China, while gold remained mostly…
View on market: Stay Cautious, be with quality business: Stocks edged higher in Asia as investors awaited midterm election results from the U.S., with potential for government gridlock seen as positive for equities. The dollar held declines against most Group-of-10 currencies as trading got underway in Asia. Treasuries…
View on market: Stay Cautious, be with quality business: Equities opened higher in Japan, South Korea and Australia, though the gains were more modest than futures had suggested earlier. Contracts for the S&P 500 and Nasdaq 100 fell, as did European stock futures, after the shares on Wall…
View on market: Stay Cautious, be with quality business: Equities edged lower in Australia while Japanese shares fell more heavily as investors played catchup after Thursday’s holiday. US futures inched down after the S&P 500 saw its fourth straight decline. Bitcoin rose 0.3% to $20,296.37, while West Texas…
View on market: Stay Cautious, be with quality business: Asian stocks slumped after Jerome Powell said the Federal Reserve would raise interest rates more than previously anticipated, sapping risk appetite and sending global equities to their worst day in nearly a month. Benchmark equity gauges in Australia and…
View on market: Stay Cautious, be with quality business: Asian equities were mixed on Wednesday, driven by declines in U.S. stocks after hopes of Federal Reserve softening its hawkish stance faded amid strong U.S. jobs data. Japan’s Topix gauge edged higher while the Nikkei 225 fell. South Korean…
View on market: Stay Cautious, be with quality business: Asian stocks inched up in trading on Tuesday amid higher bond yields and investor focus on central bank decisions and further interest rate hikes. Equities gained little in Japan, South Korea and Australia while futures for Hong Kong climbed.…
View on market: Stay Cautious, be with quality business: Asian stocks gained while US equity futures treaded lower at the start of the week as investors await interest rate decisions from central banks including the Federal Reserve. Shares climbed in Japan, South Korea and Australia, while contracts for…
View on market: Stay Cautious, be with quality business: U.S. stocks seesawed in a volatile session as traders tried to balance conflicting earnings message with mixed economic data. Bond yields saw a downtrend as returns on 10-year Treasuries declined 6 basis points to 3.95%.The S&P 500 changed little…
View on market: Stay Cautious, be with quality business: Global equity investors parsed mixed messages on Thursday betting on a further recovery for Chinese shares, while weak tech earnings dimmed the outlook for U.S stocks. Treasury yields fell. US-listed Chinese stocks rallied and futures for Hong Kong equities…