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Daily Wrap – Thursday, September 1, 2022

In Asian Equity Markets stocks fell sharply on Thursday amid growing signs of weakness in China’s manufacturing sector, while concerns over a hawkish Fed grew ahead of key nonfarm payrolls data this week. China’s bluechip Shanghai Shenzhen CSI 300 index traded flat...

Daily Wrap – Wednesday, August 31, 2022

In Asian Equity Markets stocks attempted a comeback from big early losses on Wednesday, although most major markets were still in the red as investors worried about further aggressive monetary tightening following blowout U.S. labour data. Japan's Nikkei sagged 0.52...

Daily Wrap – Tuesday, August 30, 2022

In Asian Equity Markets Chinese stocks fell on Tuesday ahead of earnings reports from some of the biggest banks in the country, while most other Asian markets were mixed as concerns over a hawkish U.S. Fed persisted. China’s bluechip Shanghai Shenzhen CSI 300 index...

Daily Wrap – Monday, August 29, 2022

In Asian Equity Markets stocks fell on Monday after hawkish comments from Federal Reserve Chair Jerome Powell showed that the central bank had no intention of slowing its pace of interest rate hikes. Bourses in Japan, Taiwan and South Korea were the worst performers...

Daily Wrap – Friday, August 26, 2022

In Asian Equity Markets stocks were cautiously higher on Friday, while the dollar firmed slightly as traders and investors anxiously awaited a speech from Fed Chair Jerome Powell that could offer clues on the U.S. central bank's rate-hike path. MSCI's broadest index...

Daily Wrap – Thursday, August 25, 2022

In Asian Equity Markets stocks rose on Thursday, tracking overnight gains in Wall Street as investors awaited more cues on U.S. monetary policy, while focus turned to interim earnings from some of the biggest firms in China. China’s blue-chip Shanghai Shenzhen CSI 300...

Daily Wrap – Wednesday, August 24, 2022

In Asian Equity Markets stocks sank on Wednesday following hawkish comments from a Federal Reserve official, while concerns over a drought-driven power shortage in China also weighed on sentiment. Chinese stocks were among the worst performers in the region, with the...

Daily Wrap – Tuesday, August 23, 2022

In Asian Equity Markets stocks fell on Tuesday tracking steep declines in Wall Street amid growing expectations that the Fed will maintain its pace of sharp interest rate hikes. Technology-heavy indexes including Hong Kong’s Hang Seng, the Taiwan Weighted Index, and...

Daily Wrap – Monday, August 22, 2022

In Asian Equity Markets stocks fell on Monday and the dollar extended its climb amid angst over global growth as most central banks keep raising rates, while a modest easing by China served only to highlight troubles in its property market. MSCI's broadest index of...

Daily Wrap – Friday, August 19, 2022

In Asian Equity Markets stocks were left in limbo on Friday while the U.S. dollar made all the running as recession clouds gathered over Europe and highlighted the relative outperformance of the U.S. economy. Added concerns about the health of China's economy saw...

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