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Daily Wrap – Thursday, August 18, 2022
In Asian Equity Markets stocks tracked lower on Thursday, in step with Wall Street's losses, as even the prospect of a less aggressive Federal Reserve has still set the U.S. central bank on a path for interest rates to stay higher for longer. MSCI's broadest index of...
Daily Wrap – Wednesday, August 17, 2022
In Asian Equity Markets stocks tracked solid Wall Street performance on Wednesday as strong overnight earnings for U.S. retail giants pointed to further scope for the Federal Reserve to tackle inflation with rate hikes. Japan's Nikkei rose 0.81 percent to 29,101.33,...
Daily Wrap – Tuesday, August 16, 2022
In Asian Equity Markets stocks rose on Tuesday as investors bet that China would roll out more stimulus measures to improve economic growth, while the Australian benchmark was supported by BHP after the miner logged a record annual profit. China’s bluechip Shanghai...
Daily Wrap – Monday, August 15, 2022
In Asian Equity Markets stocks were mixed on Monday after China's central bank trimmed key lending rates as a raft of economic data missed forecasts and underlined the need for more stimulus to support the world's second largest economy. MSCI's broadest index of...
Daily Wrap – Friday, August 12, 2022
In Asian Equity Markets stocks tracked Wall Street losses and the yen fell on Friday as investors remained filled with uncertainty over how aggressively the Federal Reserve would raise interest rates to tackle inflation despite softer numbers earlier this week. MSCI's...
Daily Wrap – Thursday, August 11, 2022
In Asian Equity Markets stocks rallied on Thursday, tracking overnight gains on Wall Street after weaker-than-expected U.S. inflation, while Singapore stocks lagged on concerns over slowing growth in the island state. MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Wednesday, August 10, 2022
In Asian Equity Markets stocks fell and the dollar steadied on Wednesday as investors waited for a key U.S. report on inflation to provide hints to the Federal Reserve's plans for future monetary tightening. MSCI's broadest index of Asia-Pacific shares outside Japan...
Daily Wrap – Tuesday, August 9, 2022
In Asian Equity Markets stocks eked out modest gains on Tuesday as buyers were held back by persistent global cost pressures, with investors turning their focus this week to U.S. inflation data and the prospects for further aggressive Fed rate hikes. MSCI's broadest...
Daily Wrap – Monday, August 8, 2022
In Asian Equity Markets stocks were subdued on Monday and the dollar held firm after a stunning U.S. payrolls report pushed back against talk of recession but also bolstered the case for more super-sized rate hikes. MSCI's broadest index of Asia-Pacific shares outside...
Daily Wrap – Friday, August 5, 2022
In Asian Equity Markets stocks logged strong gains on Friday, recovering some of their losses from earlier in the week as focus turned to upcoming U.S. payrolls data for more clues on the world’s largest economy. Taiwan stocks gained the most among their peers, rising...