View on market: Stay Cautious, be with quality business: Asian shares advanced on Wednesday following Wall Street gains on Tuesday as traders bet that the upcoming US consumer price index will show further softening. U.S. stocks were waiting for a cue from Fed Chair Jerome Powell, who refrained…
View on market: Stay Cautious, be with quality business: Asian stocks were mixed on Tuesday after a US rally fizzled out as the Federal Reserve officials signaled that the central bank will likely need to raise interest rates above 5% before pausing and holding for some time. Australian…
View on market: Stay Cautious, be with quality business: Asian stocks rose in early trading after US equities had their best day in more than a month on Friday. Australian stocks gained 1% while US equity futures edged higher. Contracts for Hong Kong equities climbed 1.5% on Friday.…
View on market: Stay Cautious, be with quality business: Stocks in Asia were mixed and US futures climbed ahead of additional crucial jobs data, on Friday morning. U.S. stocks were weighed down by strong labour market data on Thursday, which is considered a precursor to further rate hikes…
View on market: Stay Cautious, be with quality business: Asian markets headed towards a positive opening on Thursday after the U.S. shares snapped its two-day losing streak. Equity benchmarks in Australia and South Korea rose less than 1%, while Japanese stocks fluctuated. The S&P 500 rose 0.8% and…
View on market: Stay Cautious, be with quality business: Shares in Asia faced a muted opening Wednesday after a decline in US stocks and the price of oil signaled unease about the dimming outlook for the global economy. Treasuries and the dollar rallied and the yen stabilized after…
View on market: Stay Cautious, be with quality business: Australian stocks were steady on their first trading day of the year after European shares rallied Monday, shaking off some of the tumult of 2022.Australian stocks were steady on their first trading day of the year after European shares…
View on market: Stay Cautious, be with quality business: U.S. stocks fell on the last trading day of 2022 on Friday, closing out the worst year in more than a decade for global equities and bonds. The S&P 500 fell 0.3%, while the Nasdaq 100 declined 0.1%. The…
View on market: Stay Cautious, be with quality business: Asian markets headed towards early gains on Friday aided by positive momentum in the U.S. stocks. The U.S. shares snapped their two-day decline as easing in jobs data indicated a less likely scenario for growing inflationary pressures. Australian shares…
View on market: Stay Cautious, be with quality business: Fresh concerns about the spread of Covid-19 from China unnerved investors, dragging Asian stocks lower in trade. Australian shares fell and contracts for equity benchmarks in Japan, Singapore and Taiwan dropped. US shares were lower for a second day…