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Daily Wrap – Friday, January 20, 2023

In Asian Equity Markets stocks edged higher on Friday, while the U.S. dollar hung near its weakest level since May, with investors fretting about the risks of a global recession as the Federal Reserve presses on with interest rate increases. Japan's Nikkei added 0.16...

Daily Wrap – Thursday, January 19, 2023

In Asian Equity Markets stocks rose slightly on Thursday amid some optimism over a Chinese economic recovery this year, while Japan’s Nikkei sharply reversed recent gains as traders bet on more hawkish moves from the Bank of Japan. The Nikkei 225 index fell 1.5...

Daily Wrap – Monday, January 16, 2023

In Asian Equity Markets stocks rose on Monday, with Chinese indexes in the lead after the government rolled out more stimulus measures, while fears of more hawkish moves from the Bank of Japan saw local stocks tumble. China’s blue-chip Shanghai Shenzhen CSI 300 index...

Daily Wrap – Friday, January 13, 2023

In Asian Equity Markets stocks rose on Friday and were headed for steep weekly gains on the prospect of a less hawkish Federal Reserve this year after data showed U.S. consumer inflation eased as expected in December. The KOSPI, Hang Seng, and Taiwan Weighted indexes...

Daily Wrap – Thursday, January 12, 2023

In Asian Equity Markets stocks moved little on Thursday as a rally in heavyweight Chinese technology stocks ran out of steam, while markets turned cautious in anticipation of key U.S. inflation data that is expected to show that price pressures eased. China’s Shanghai...

Daily Wrap – Wednesday, January 11, 2023

In Asian Equity Markets stock markets were a mixed bag on Wednesday amid caution over upcoming inflation data, while major Chinese technology stocks rose as the government signaled less strict measures against the sector. Hong Kong's Hang Seng index was the...

Daily Wrap – Tuesday, January 10, 2023

In Asian Equity Markets stocks fell on Tuesday as a recent rally fueled by optimism over a Chinese reopening faded, while investors also grew cautious ahead of more cues on U.S. monetary policy from Fed Chair Jerome Powell. China’s Shanghai Shenzhen CSI 300 and...

Daily Wrap – Monday, January 9, 2023

In Asian Equity Markets stocks rose sharply on Monday amid optimism over a potential economic recovery in China, while softer-than-expected U.S. jobs data also saw investors pricing in the possibility of less severe interest rate hikes by the Fed. Chinese and...

Daily Wrap – Friday, January 6, 2023

In Asian Equity Markets stocks rose on Friday as markets bet on an economic boost from China’s reopening of its borders this week, although gains were limited amid caution over the release of closely-watched U.S. nonfarm payrolls data later in the day. China’s...

Daily Wrap – Thursday, January 5, 2023

In Asian Equity Markets stocks rose on Thursday on hopes for China's emergence from the pandemic, while the dollar found support after analysts spotted a warning against betting too heavily on rate cuts this year in minutes from the last Fed policy meeting. MSCI's...

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