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Daily Wrap – Wednesday, October 20, 2021
In Asian Equity Markets stocks advanced on Wednesday and U.S. long-dated bond yields edged up to a five-month high on rising optimism about the global economy and corporate earnings, while the yen fell to a four-year low on the dollar. MSCI's broadest index of...
Daily Wrap – Tuesday, October 19, 2021
In Asian Equity Markets stocks advanced on Tuesday, supported by a tech-driven Wall Street rally, and a rebound in Chinese markets a day after weak data heightened investor concerns about the world's second-largest economy. MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Monday, October 18, 2021
In Asian Equity Markets stocks were on edge on Monday morning ahead of the release of Chinese economic data for the third quarter, as investors fret about the health of the world’s second-largest economy even as U.S companies report strong quarterly earnings. MSCI’s...
Daily Wrap – Friday, October 15, 2021
In Asian Equity Markets stocks advanced on Friday, warmed by the embers of a strong day on Wall Street which also supported risk-friendly currencies and hurt the safe-haven yen, though worries about the Chinese economy capped gains. MSCI's broadest index of...
Daily Wrap – Thursday, October 14, 2021
In Asian Equity Markets Japan’s Nikkei index rose on Thursday, tracking the Nasdaq overnight, with gains led by chip equipment maker Tokyo Electron and other heavyweight technology stocks. The Nikkei index advanced 0.97 percent to 28,413.61, and the broader Topix...
Daily Wrap – Wednesday, October 13, 2021
In Asian Equity Markets stocks were on edge on Wednesday as worries about soaring power prices fuelling inflation weighed on sentiment and drove expectations the United States would taper its emergency bond buying programme, holding the dollar at a one-year high....
Daily Wrap – Tuesday, October 12, 2021
In Asian Equity Markets stocks fell and the safe-haven dollar held firm on Tuesday, as a global energy crunch fueled inflation fears, clouding investor sentiment before the U.S. corporate earnings season. MSCI's broadest index of Asia-Pacific shares outside Japan was...
Daily Wrap – Monday, October 11, 2021
In Asian Equity Markets stocks edged higher on Monday courtesy of gains in China which also helped U.S. stock futures pare early losses, while rising Treasury yields lifted the dollar to a near three-year peak against the Japanese yen. Yet a 0.5 percent rise in the...
Daily Wrap – Friday, October 8, 2021
In Asian Equity Markets stocks held onto gains on Friday and were set to snap a four week streak of weekly losses as Chinese markets came back a bit more positive after a long holiday, encouraged by a survey showing services sector activity improving. Japan's Nikkei...
Daily Wrap – Thursday, October 7, 2021
In Asian Equity Markets stocks rallied on Thursday, taking heart from a late recovery on Wall Street after U.S. politicians appeared near to a temporary deal to avert a federal debt default and as Russia reassured Europe on gas supplies, calming volatile markets....