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Daily Wrap – Monday, October 3, 2022
In Asian Equity Markets stocks fell on Monday, marking a weak start to the fourth quarter as concerns over rising interest rates and slowing economic growth across the globe dented appetite for risk-driven assets. Hong Kong’s Hang Seng index tumbled 1.6 percent to a...
Daily Wrap – Friday, September 30, 2022
In Asian Equity Markets stocks fell on Friday were headed for the worst month since the onset of the COVID-19 pandemic, while jitters in currency and bond markets persisted over hawkish talk from central banks, worries about global recession and rising geopolitical...
Daily Wrap – Thursday, September 29, 2022
In Asian Equity Markets Japan’s Nikkei share average rose on Thursday, rebounding from a near three-month low touched in the previous session, tracking Wall Street’s sharp gains overnight that was driven by falling Treasury yields. The Nikkei gained 0.25 percent to...
Daily Wrap – Wednesday, September 28, 2022
In Asian Equity Markets stocks fell on Wednesday as hawkish comments from Federal Reserve officials brewed more concerns over heightened interest rates, pushing investors out of risk-driven assets and into the dollar. Japan’s Nikkei 225 index fell 2 percent, while...
Daily Wrap – Tuesday, September 27, 2022
In Asian Equity Markets stocks attempted to stabilise on Tuesday after a wild few days of stumbling stocks, crumbling bonds, a plunging pound and soaring dollar, with the dollar easing a bit and stocks flat. MSCI’s broadest index of Asia-Pacific shares outside Japan...
Daily Wrap – Monday, September 26, 2022
In Asian Equity Markets Japanese stocks kicked off the final week of the quarter on a negative note, as investors resumed trading after an extended weekend to markets that were dented by Japanese authorities’ currency intervention and the collapse of the British...
Daily Wrap – Friday, September 23, 2022
In Asian Equity Markets stocks fell further on Friday and were headed for deep weekly losses as rising interest rates across the globe threatened to destabilize economic growth and weighed on risk appetite. South Korea’s KOSPI index was among the worst performers for...
Daily Wrap – Thursday, September 22, 2022
In Asian Equity Markets stocks fell sharply on Thursday after the U.S. Federal Reserve hiked interest rates and vowed to tighten monetary policy aggressively to curb rampant inflation. Hong Kong’s Hang Seng index lost 2.1 percent, while the Taiwan Weighted index shed...
Daily Wrap – Wednesday, September 21, 2022
In Asian Equity Markets stocks fell on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling...
Daily Wrap – Tuesday, September 20, 2022
In Asian Equity Markets stocks climbed on Tuesday following a rebound in the final hour of New York trading on the view that an expected hefty Fed interest rate hike this week to tackle inflation had been priced into the market. MSCI's broadest index of Asia-Pacific...