View on market: Stay Cautious, be with quality business: Asian stocks followed Wall Street lower Monday as the Federal Reserve’s resolve to keep raising rates and a wave of Covid in Beijing damped sentiment for riskier assets. Shares dropped in Japan, South Korea and Australia. Equity futures pointed…
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: Federal Reserve hiked interest rates by 50 basis points on Wednesday, following which the U.S. stocks fell and the Asian markets also opened on a tepid note on Thursday. The S&P 500 was down 0.61%, Dow Jones fell 0.42%…
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…