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Daily Wrap – Thursday, January 20, 2022
In Asian Equity Markets stocks broke a five-day slide, pushing higher on Thursday as China underscored its diverging monetary and economic picture by cutting benchmark mortgage rates. China's blue-chip CSI300 index rose more than 1 percent on Thursday and Hong Kong's...
Daily Wrap – Wednesday, January 19, 2022
In Asian Equity Markets stocks fell on Wednesday as U.S. Treasury yields hit fresh two-year highs and a global technology stock sell-off unsettled investors worrying about inflation and bracing for tighter U.S. monetary policy. MSCI's broadest index of Asia-Pacific...
Daily Wrap – Tuesday, January 18, 2022
In Asian Equity Markets stocks were mostly higher on Tuesday even as global investor attention remains fixed on the prospect of U.S interest rate hikes in the next few months, after two years of unprecedented pandemic-induced policy easing. MSCI's broadest index of...
Daily Wrap – Monday, January 17, 2022
In Asian Equity Markets stocks were choppy on Monday as a slew of Chinese economic data confirmed the deadening effect of coronavirus restrictions on consumer spending, prompting Beijing to again ease monetary policy. China's central bank also surprised by cutting...
Daily Wrap – Friday, January 14, 2021
In Asian Equity Markets stocks took a beating on Friday after a fresh salvo of hawkish remarks from Federal Reserve officials solidified expectations that U.S. interest rates could rise as soon as March, leaving markets braced for tighter monetary conditions. MSCI's...
Daily Wrap – Thursday, January 13, 2021
In Asian Equity Markets stocks were mixed on Thursday, while the dollar fell as global investors assessed that strong U.S. inflation data was not worrying enough to change the Federal Reserve's already hawkish rates outlook. MSCI's broadest index of Asia-Pacific...
Daily Wrap – Wednesday, January 12, 2021
In Asian Equity Markets Japanese stocks rebounded on Wednesday, as investors scooped up beaten-down stocks after less hawkish comments from U.S. Federal Reserve Chairman Jerome Powell helped Wall Street regain ground. The Nikkei index rose 1.9 percent to 28,746.08 and...
Daily Wrap – Tuesday, January 11, 2021
In Asian Equity Markets stocks struggled to find direction on Tuesday as investors awaited Federal Reserve Chair Jerome Powell's appearance before the Senate Banking Committee, hoping for clues to the timing of expected policy tightening. MSCI's broadest index of...
Daily Wrap – Monday, January 10, 2021
In Asian Equity Markets Australian stocks closed lower on Monday as an Omicron-led surge in COVID-19 infections pushed the country's tally past one million cases, with a decrease in local technology stocks ahead of a U.S. inflation report weighing further on markets....
Daily Wrap – Friday, January 7, 2021
In Asian Equity Markets stocks mostly rose on Friday, snapping two days of losses after expectations grew that U.S. jobs data due later in the day would reinforce the need for faster U.S. interest rate hikes. MSCI's broadest index of Asia-Pacific shares outside Japan...