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…
View on market: Stay Cautious, be with quality business: Stocks opened on a cautious note in Asia as investors weighed the impact of a hot US jobs report and an accelerated shift toward reopening of the Chinese economy. Oil advanced after OPEC+ left oil production steady, sanctions on…
View on market: Stay Cautious, be with quality business: Stocks edged lower in Asia after US equities struggled for direction, with traders awaiting a jobs report later Friday for clues on the Federal Reserve’s next policy steps. The Bloomberg Dollar Spot Index steadied after sinking to its lowest…
View on market: Stay Cautious, be with quality business: Stocks in Asia extended gains following a sharp rally on Wall Street after Federal Reserve Chair Jerome Powell signaled a slowdown in the pace of rate hikes. Oil surged 2.8% above $80 a barrel after government data showed that…
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…
