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Daily Wrap – Wednesday, October 6, 2021
In Asian Equity Markets stocks fell on Wednesday, reversing early gains, as analysts said sky-high oil prices meant stocks were quick to react to any hint of bad news such as a rate hike by New Zealand's central bank. MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Tuesday, October 5, 2021
In Asian Equity Markets stocks suffered heavy losses early on Tuesday following a broad sell-off on Wall Street, as markets fretted about the impact of multi-year high oil prices at a time when supply chain disruptions are already putting pressure on economic...
Daily Wrap – Monday, October 4, 2021
In Asian Equity Markets stocks fell on Monday as concerns about China's property sector and inflation worries offset upbeat U.S. data and positive news on new drugs to fight the coronavirus. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.1 percent....
Daily Wrap – Friday, October 1, 2021
In Asian Equity Markets stocks followed Wall Street sharply lower and bonds rallied on Friday, as risk sentiment soured amid growing worries that inflation may persist even after global growth has peaked. Japan's Nikkei lost 2.52 percent to the lowest level since...
Daily Wrap – Thursday, September 30, 2021
In Asian Equity Markets stocks found some calm on Thursday following this week's heavy China-driven losses although the dollar sat at a more than one-year high against major peers, upheld by lingering safe-haven demand and expectations for tighter U.S. monetary...
Daily Wrap – Wednesday, September 29, 2021
In Asian Equity Markets stocks fell on Wednesday, as investors fretted over economic uncertainties that caused a spike in U.S. benchmark bond yields. MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.43 percent with Australia off 1.5 percent, and South...
Daily Wrap – Tuesday, September 28, 2021
In Asian Equity Markets stocks mainly drifted lower Tuesday as investors continued to fret over China Evergrande Group's unsolved debt crisis and eyed the potential impact of a widening power shortage in China. MSCI's broadest index of Asia-Pacific shares outside...
Daily Wrap – Friday, September 24, 2021
In Asian Equity Markets stocks were on edge on Friday, hurt by persistent uncertainty around the fate of debt-ridden China Evergrande, even as increased risk appetite drove U.S. stocks and Treasury yields higher. MSCI's broadest index of Asia-Pacific shares outside...
Daily Wrap – Thursday, September 23, 2021
In Asian Equity Markets stocks made cautious gains on Thursday, supported by some positive news from cash-strapped developer China Evergrande Group, while the dollar held near a one-month top after the U.S. Federal Reserve took a hawkish tilt overnight. The Hong Kong...
Daily Wrap – Wednesday, September 22, 2021
In Asian Equity Markets Japanese shares fell on Wednesday to their lowest in more than two weeks, as investors focused on the U.S. Federal Reserve, which is expected to decrease more hints on its future policy path, and a potential debt default by property giant China...