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…
View on market: Stay Cautious, be with quality business: U.S. stocks faced pressure as treasury yields reached multi-year highs amid apprehensions of Federal Reserve hiking rates once again. Treasuries advanced 10 basis points to reach 3.6%. The S&P 500 dropped 1%, while the tech-heavy Nasdaq dipped 0.6%. Meanwhile…
View on market: Stay Cautious, be with quality business: Stocks climbed in Asia Tuesday following a rebound in the final hour of New York trading as investors continue to weigh the market impact of super-sized interest rate hikes from the US Federal Reserve. MSCI Inc.’s Asia-Pacific equity index…
View on market: Stay Cautious, be with quality business: Investors will head into the week fearing more pain after India's stock benchmarks logged their worst week since the week-ended June 17, 2022, predominantly due to sharp slide on Friday. The indices tracked a drop in global equities, as…
View on market: Stay Cautious, be with quality business: Asian stocks headed for a fifth week of declines following more weakness in US equities and a surge in short-end Treasury yields that reflects expectations for outsized Federal Reserve interest rate hikes. Shares fell in Japan, Australia and Hong…
View on market: Stay Cautious, be with quality business: U.S. stocks rebounded following the worst sell off since 2020 after a hotter than expected inflation data and treasuries were mixed. The S&P 500 saw modest gains after falling over 4% the previous day. The Producer Price Index fell…
View on market: Stay Cautious, be with quality business: Asian stocks, bonds and currencies tumbled after a broad-based selloff on Wall Street followed a hotter-than-expected US inflation data. The high inflation has triggered expectations of jumbo interest-rate hikes by the Federal Reserve. Equities in Japan, Hong Kong and…