View on market: Volatility Prevails, Market is searching for better value Asian markets are poised to open lower in the wake of a slide on Wall Street as traders boosted bets on a U.S. rate hike after a surprise increase by the Bank of Canada. Futures for shares…
View on market: Stay Cautious, be with quality business: Asian equity futures pointed to advances around the region on Wednesday, with signs of stimulus in China. A rotation into financial shares on Tuesday suggested the breadth of the S&P 500’s recent rally might extend beyond technology soon. While…
View on market: Stay Cautious, be with quality business: The S&P 500 dropped to session lows as Apple Inc. erased earlier gains in anticipation of a new mixed reality headset. Both tech and energy stocks pared earlier advances that had briefly pushed the S&P 500 20% above an…
View on market: Stay Cautious, be with quality business: Asian markets were poised to climb on Monday after the S&P 500 rose to the cusp of a bull market amid strengthening bets for a Federal Reserve rate pause this month. Oil rallied on a supply cut from Saudi…
View on market: Stay Cautious, be with quality business: Asian stock futures fell after Wall Street closed lower as investors looked beyond the debt ceiling to instead focus on the path for interest rates and concern in earnings reports. Contracts for benchmarks in Japan, Hong Kong and Australia…
View on market: Stay Cautious, be with quality business: Asian markets are poised to slide Wednesday after momentum in U.S. equities faded and Congress considered the debt accord that’s needed to head off a catastrophic default. Futures for Japan and Australia suggested small declines while contracts for Hong…
View on market: Stay Cautious, be with quality business: Asian markets were poised for a cautious open on Tuesday as White House and Republican congressional leaders stepped up lobbying to ensure Congress passes a debt-accord to head off a U.S. default. Futures for Japan and Australia pointed to…
View on market: Stay Cautious, be with quality business: U.S. stock futures advanced as appetite for risk taking returned to global markets following the deal between President Joe Biden and House Speaker Kevin McCarthy on the U.S. debt ceiling. Contracts for the S&P 500 and Nasdaq 100 both…
View on market: Stay Cautious, be with quality business: Asian markets are likely to find some support from signs of progress in debt-ceiling talks and gains in U.S. equities with a frenzy of interest in the artificial intelligence sector. Futures for Japan’s equity benchmark rose, while those for…
View on market: Stay Cautious, be with quality business: U.S. stock futures opened higher at the start of Asian trading as risk sentiment turned positive following a sharp jump in sales forecasts from Nvidia Corp., the world’s most valuable chipmaker. Nasdaq 100 futures rallied 1.6%, following a 0.5%…