View on market: Stay Cautious, be with quality business: Asian stocks followed US equities lower as investors weighed Covid developments in China and awaited a speech from Federal Reserve Chair Jerome Powell later Wednesday. Shares fell in Japan, South Korea and Australia while futures contracts for Hong Kong…
View on market: Stay Cautious, be with quality business: Stocks opened on a cautious note in Asia on Tuesday after Federal Reserve officials stressed that more interest rate hikes were coming and as Covid protests eased in China amid a heavy police presence on city streets. Elsewhere, oil…
View on market: Stay Cautious, be with quality business: Shares were under downward pressure and the dollar climbed as markets opened Monday to news of growing unrest in China over Covid restrictions. The dollar benefited from haven demand and made some of its biggest early gains against the…
View on market: Stay Cautious, be with quality business: Stocks were mixed in subdued trading in Asia on Friday after the Thanksgiving holiday in the US. The dollar inched up after a three-day drop. Crude dropped 0.1%, while gold futures rose 0.6%. Bitcoin rose 0.7% to trade near…
View on market: Stay Cautious, be with quality business: Global stocks headed for the highest level in more than two months on Thursday after Federal Reserve meeting minutes showed support for tapering interest-rate increases. Crude dropped in anticipation of a higher-than-expected price cap on Russian oil and a…
View on market: Stay Cautious, be with quality business: Stocks advanced in Asia on Wednesday after Wall Street rallied on corporate earnings and indications that the Federal Reserve is open to slowing the pace of interest-rate hikes. Oil rose amid an uncertain supply outlook alongside a proposal by…
View on market: Stay Cautious, be with quality business: Stocks rose in Asia amid fragile sentiment as investors weighed the impact of Covid infections in China and parsed comments from Federal Reserve officials on interest rate hikes. Oil steadied near $80 per barrel following a volatile session Monday…
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…