View on market: Stay Cautious, be with quality business: Stocks in Asia fell in early trading following declines in the US as investors awaited a pivotal monthly payrolls report Equities dropped in Australia, Japan and South Korea, where Samsung Electronics Co. slid after the Korean chipmaker reported a…
View on market: Stay Cautious, be with quality business: Investors signaled further belief in a fledgling equity rally as US futures erased a Wednesday decline and Asian stock markets traded higher as markets downplay concern that a cut in oil production would stoke inflation. Stocks in Japan and…
View on market: Stay Cautious, be with quality business: U.S. stocks opened October on a strong note as Treasury yields took a break from their seemingly incessant surge. Yield on 10-year Treasuries dipped 19 basis points to 3.64%. The S&P 500 rose 2.3%, while Nasdaq 100 increased 2%.…
View on market: Stay Cautious, be with quality business: Stocks in Asia struggled to make headway and US equity futures fell as negative sentiment persisted in markets amid fears that central banks across the world will keep hiking rates until inflation is under control. Equities dropped in Japan…
View on market: Stay Cautious, be with quality business: U.S. stocks dipped once again as Federal Reserve remained resolute in its hawkish stance to battle inflation. Treasuries pared losses with 10-year yield rising three basis points to 3.76%. The S&P 500 fell 2.2%; the tech-heavy Nasdaq joined the…
View on market: Stay Cautious, be with quality business: U.S. stocks finally emerged from the rout since Federal Reserve’s recent hawkish policy announcement. Meanwhile, 10-year treasuries declined 21 basis points to 3.73%. The S&P 500 rose 1.6%, while the tech-heavy Nasdaq increased 1.4%. Elsewhere, oil rose 3.8%. Gold…
View on market: Stay Cautious, be with quality business: Asian equities followed US shares lower after hawkish comments from Federal Reserve officials, while the dollar touched a fresh high after a White House official ruled out a currency agreement to weaken the greenback. A gauge of Asian stocks…
View on market: Stay Cautious, be with quality business: Asian markets opened on a cautious note Tuesday following another selloff in US stocks, soaring bond yields and volatile currency markets as investors brace for a heightened risk of global recession. Shares edged higher in Japan and Australia after…
View on market: Stay Cautious, be with quality business: The dollar rallied, bond yields rose and Asian shares slid amid unrelenting pressure on risk-sensitive assets as fears of faster inflation and global recession continued to rise. The pound led declines among major currencies on Monday, slumping to a…
View on market: Stay Cautious, be with quality business: U.S. stocks swung between gains and losses as the Federal Reserve hiked policy rates by 75 basis points for a third time. Treasuries advanced two basis points to 3.59%, while two-year yields topped 4%. The S&P 500 was little…