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Daily Wrap – Tuesday, June 7, 2022
In Asian Equity Markets stocks were mostly down on Tuesday morning amid a rise in U.S. Treasury yields. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.1 percent as Hong Kong's market pared back some of Monday's gains. Japan's Nikkei inched up 0.3...
Daily Wrap – Monday, June 6, 2022
In Asian Equity Markets stocks joined U.S. stock futures in making cautious gains on Monday ahead of U.S. inflation data this week, while the euro touched a seven-year top against the yen amid wagers on European Central Bank tightening. MSCI's broadest index of...
Daily Wrap – Friday, June 3, 2022
In Asian Equity Markets stocks were mostly higher on Friday as investors hoped U.S. jobs data due later might sway the Federal Reserve to slow its current aggressive pace of interest rate hikes over the coming months. MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Thursday, June 2, 2022
In Asian Equity Markets stocks fell on Thursday on widespread investor concern over high inflation and the threat of recession, while oil prices fell following a report of reassurances from Saudi Arabia over production. MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Wednesday, June 1, 2022
In Asian Equity Markets stocks were up on Wednesday morning as easing lockdowns in China offer some hope for the economic outlook. China’s Shanghai Composite inched up 0.03 percent, while the Shenzhen Component inched up 0.08 percent. Shanghai eased its lockdown on...
Daily Wrap – Tuesday, May 31, 2022
In Asian Equity Markets stocks were mostly up on Tuesday morning, with investors remaining cautious about whether central banks can hike interest rates to curb inflation without impacting economic growth. Oil gained after the European Union (EU) backed a push to ban...
Daily Wrap – Monday, May 30, 2022
In Asian Equity Markets stocks rose on Monday while the dollar was pinned near five-week lows as investors wagered on an eventual slowdown in U.S. monetary tightening, albeit after sharp hikes in June and July. The Memorial Day holiday in the United States could make...
Daily Wrap – Thursday, May 26, 2022
In Asian Equity Markets stocks fell on Thursday after minutes from the Fed's early May meeting showed a majority backing half-percentage-point rate hikes in June and July, and as persistent concerns over global growth sapped confidence. Chinese blue-chips fell 1.11...
Daily Wrap – Wednesday, May 25, 2022
In Asian Equity Markets stocks rose on Wednesday even as central banks piled into aggressive rate hikes to battle soaring inflation and left investors worried about slower global growth. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.72 percent,...
Daily Wrap – Tuesday, May 24, 2022
In Asian Equity Markets stocks fell on Tuesday as relief at a rally on Wall Street was quickly soured by a slide in U.S. stock futures, while the euro held near one-month highs as odds narrowed on a July rate rise by the ECB. MSCI's broadest index of Asia-Pacific...