View on market: Stay Cautious, be with quality business: Stocks open mixed in Asia on Monday as investors continued to focus on the outlook for global interest rates and Covid in China. Indian markets will likely take cues from global developments when they open on Monday. Domestic metal…
View on market: Stay Cautious, be with quality business: Asian stocks edged higher Friday amid investor caution after Federal Reserve officials warned of more pain ahead as they raise interest rates to fight inflation. The dollar steadied after gains on Thursday. Oil was poised for a weekly loss…
View on market: Stay Cautious, be with quality business: Stocks in Asia climbed Thursday and Treasuries held on to a rally that inverted the US yield curve by the most in four decades. Crude slipped 2.9% as supply from pipeline carrying Russian oil to Europe resumed while demand…
View on market: Stay Cautious, be with quality business: Shares in Asia fell Wednesday as investors balanced encouraging data that supported a slowdown in Federal Reserve rate hikes with Poland saying a Russian-made missile hit its territory. Commodities including oil and corn jumped as information of the explosion…
View on market: Stay Cautious, be with quality business: Asian stocks opened slightly higher Tuesday amid fragile sentiment following a choppy session on Wall Street and ahead of a slew of Chinese economic data. West Texas Intermediate crude benchmark fell 3.3% to $86.06 per barrel, while gold rose…
View on market: Stay Cautious, be with quality business: Asian equities advanced on Monday with support from the biggest weekly gain in US stocks since June and China’s policy shifts on Covid and property. The S&P 500 closed near session highs in the biggest weekly gain since June.…
View on market: Stay Cautious, be with quality business: Shares rallied in Japan, South Korea and Australia, while stock futures for Hong Kong pointed to large gain after the S&P 500 climbed 5.5% -- the best first-day reaction to a CPI report in decades. US and European futures…
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…