Global Markets Weekly Review: Week 06, 2022
Chinese stocks rose in line with global markets amid supportive official comments and a perception that the country’s regulatory crackdown cycle had peaked.
Nikkei 225
Asian Markets Rally as China Cuts Key Lending Rates by 10 Basis Points.
In Asia, China on Thursday cut its one-year loan prime rate by 10 basis points, while its five-year LPR, which influences the pricing of home mortgages, was cut by 5 basis points, the first time since April 2020.
Asian Markets Trade Lower as Investors Focus Shifts to Inflation; Shenzhen Drops 2%
In earnings across Asian companies, Taiwan’s TSMC reported its fourth-quarter results, posting a record of a 16.4% rise in quarterly profit.
Asian Markets Rally Buoyed by China December Inflation Data; JD Soars 11.05%
Chinese markets rose on Wednesday, tracking gains in other Asia-Pacific markets. U.S. markets also rallied overnight as comments from the Fed chief appeared to reassure investors.
Asian Markets Lower as Investors Keep Fed, Omicron in Focus; Shenzhen Drops 1.27%
Asian markets mostly fell on Tuesday as investors remain concerned about inflation as well as likely policy tightening from central banks such as the U.S. Federal Reserve.
Asian Markets Mixed, China Evergrande Shares Jump 4.85% on Property Optimism.
Asian markets were spooked earlier in the week and fell sharply after minutes from the Fed’s December meeting showed officials at the central bank ready to aggressively dial back policy help.
Asia Pacific Markets Jump Following S&P 500 Gains
Shares in Asia rose on Tuesday after the S&P 500 notched yet another record close on Wall Street overnight. Japan’s Nikkei 225 led gains among the region’s major markets as it gained 1.37% on the day to 29,069.16 while the Topix index advanced 1.37% to 2,005.02. Elsewhere, Hong Kong’s Hang Seng index closed 0.24% higher at 23,280.56. …
Asia Pacific Markets Jump Following S&P 500 Gains Read More »
Asia – Pacific Markets Gain as Fears Over omicron Covid-19 Variant Eases.
Shares in Asia-Pacific rose in Thursday trade, as fears over the omicron Covid variant eased in Asia and various economic data held fort for investors.
Asian Markets Decline as PBOC Announces First Rate-Cut since April 2020.
Oil prices were lower in the afternoon of Asia trading hours, with international benchmark Brent crude futures falling 3.25% to $71.13 per barrel. U.S. crude futures shed 3.71% to $68.23 per barrel.
Asian Markets Extend Decline, Japan’s Nikkei Drops 1.79%
Asia-Pacific markets traded mostly lower on Friday, following overnight losses on Wall Street, as investors assessed monetary policy decisions from two key central banks. Japan’s Nikkei 225 fell 1.79% in Asia to close at 28,545.68, while the Topix index was down 1.42% to 1,984.47. Chinese mainland shares also tumbled, with the Shanghai Composite falling 1.16% …
Asian Markets Extend Decline, Japan’s Nikkei Drops 1.79% Read More »
Asia-Pacific Stock Mostly Down on Chinese Economic Data; Hang Seng Tumbles 1.25%
South Korea’s Kospi closed near flat to 2,989.39 during Asia’s trading hours, while in Australia, the S&P/ASX 200 dipped 0.7% to 7,327.10.
Asian Markets Decline, Weibo Shares Plunge 9% on Chinese Regulator Crackdown
Chinese stocks declined on Tuesday, tracking other losses in Asia-Pacific markets, as the omicron variant returned to focus. Meanwhile, bitcoin prices continued to tumble after some losses overnight.
Asian Markets Broadly Decline; ASX 200Â Subindex Plunges 1.49%
Asia-Pacific markets declined on Friday as investors assess risks associated with the new omicron Covid variant and look ahead to key inflation data in the U.S. Japan’s Nikkei 225 extended losses from the previous session and was down 0.67%. The Topix index traded 0.53% lower. In South Korea, the Kospi fell 0.61% while the Kosdaq was down …
Asian Markets Broadly Decline; ASX 200Â Subindex Plunges 1.49% Read More »
Asian Markets Gain Amidst Concerns on Property Sector, Weibo Plummets 10%
Mainland Chinese markets jumped in Asia in afternoon trade on Wednesday. Troubled Chinese real estate developers are back in the spotlight, while Chinese social media giant Weibo had a disappointing market debut in Hong Kong. The Shanghai Composite climbed 1.18% to close at 3,637.57, while the Shenzhen component rose 1.82% to 14,964.46. The CSI 300 …
Asian Markets Gain Amidst Concerns on Property Sector, Weibo Plummets 10% Read More »
Asian Markets Gain, Nikkei Jumps 2% on Omicron Optimism.
Stocks across Asia – Pacific markets jumped on Tuesday, bouncing back from Monday losses on optimism that the omicron variant risk might not be as bad as feared.
Asian Markets Drop; Evergrande Plunges 20% on Debt Concerns.
Australia’s S&P/ASX 200 closed near the flatline to 7,245.10, also recovering from slight losses earlier. MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.83%.
Asian Markets Jump as Afterpay Soars 18.77% on Square Buyout Announcement
Shares in major Asia – Pacific markets rose on Monday, as data showed Chinese manufacturing activity growth slowed in July.
Tech Shares Lead Asian Stocks Decline as Didi Suspension Resurfaces China’s Regulatory Concerns
Shares in Asia-Pacific were mixed on Monday as Brent crude futures hovered around $76 while investors watched for developments from a meeting of OPEC and its allies. Shares of Chinese tech firms in Hong Kong fell on Monday trade as regulatory fears resurfaced. Tencent shares fell 3.57% while Alibaba dropped 2.83% and Meituan slipped 5.59%. …
Asian Markets Drop Amidst Beijing’s Move to Retain Benchmark LPR
Shares in Asia-Pacific dropped on Monday, as Japan’s markets plummeted. Meanwhile, China kept its benchmark lending rate unchanged. Japanese stocks led losses regionally, with the Nikkei 225 falling 4% in Monday trade. It later pared some of those losses but still closed 3.29% lower at 28,010.93. The Topix index shed 2.42% to finish its trading day at …
Asian Markets Drop Amidst Beijing’s Move to Retain Benchmark LPR Read More »
Asian-Pacific Markets Mixed as China Releases May Inflation Data
Oil prices were higher in the afternoon of Asia trading hours, with international benchmark Brent crude futures rising 0.44% to $72.54 per barrel. U.S. crude futures gained 0.47% to $70.38 per barrel.
Asia-Pacific Markets Mixed Dragged by China’s May Trade Data
In Australia, the S&P/ASX 200 shed 0.19% to close at 7,281.90 while the MSCI’s broadest index of Asia-Pacific stocks outside Japan traded around 0.1% lower.
Asian Markets Mixed as India’s Central Bank Maintains Rates
Shares in Asia-Pacific were mixed on Friday, as the Reserve Bank of India held steady on interest rates. Hong Kong’s Hang Seng index closed 0.17% lower at 28,918.10. In mainland China, the Shanghai composite rose 0.21% on the day to 3,591.84 while the Shenzhen component gained 0.744% to close at 14,870.91. In Japan, the Nikkei 225 fell 0.4% to close at …
Asian Markets Mixed as India’s Central Bank Maintains Rates Read More »
Asian Markets Mixed as Investors Watch on Oil Price Rally
Asia-Pacific markets traded mostly higher Monday but investors remained cautious over a resurgence in Covid-19 cases in some parts of the region as well as potential inflation pressures in the U.S. In Japan, the Nikkei 225 rose 0.17% to 28,364.61, trimming some of its earlier gains. The Topix index added 0.44% to 1,913.04. Singapore’s Straits Times Index …
Asian Markets Mixed as Investors Watch on Oil Price Rally Read More »
Asian Markets Trade Higher, Taiwan Leads with 5.16% Gains
Shares in Asia-Pacific mostly jumped on Tuesday, as stocks in c among the region’s major markets. The Taiex in Taiwan surged 5.16% to close at 16,145.98. Those gains followed a nearly 3% drop on Monday amid fears of domestic coronavirus infections. In Japan, the Nikkei 225 also saw robust gains as it jumped 2.09% on the day to 28,406.84 …
Asian Markets Trade Higher, Taiwan Leads with 5.16% Gains Read More »
Chinese Stock Markets Losses in Asia; Bond Yields Rise on PBOC Statement
In Asia, China kept the one-year loan prime rate (LPR) unchanged at 3.85%, largely in line with expectations of traders and analysts
Global Markets Weekly Review: Week 07, 2021
Global stocks set new highs again this week with a myriad of factors grabbing a piece of the spotlight, including Congressional hearings aimed at deciphering the recent GameStop trading frenzy.
Asian Markets Mostly Mixed, NIkkei Drops 0.72% to close at 30,017.92
Stocks in Asia-Pacific were mixed on Friday following overnight declines for the major indexes on Wall Street. In Japan, the NIkkei 225 declined 0.72% to close at 30,017.92 while the Topix index shed 0.67% to finish its trading day at 1,928.95. Japan’s core consumer prices declined 0.6% in January as compared with a year earlier, according to …
Asian Markets Mostly Mixed, NIkkei Drops 0.72% to close at 30,017.92 Read More »