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Daily Wrap – Wednesday, December 14, 2022
In Asian Equity Markets stocks advanced on Wednesday, bonds were firm and the dollar nursed losses after data showed U.S. consumer prices barely rose in November, stoking hopes inflation has peaked and interest rate increases will slow and eventually stop in 2023....
Daily Wrap – Tuesday, December 13, 2022
In Asian Equity Markets stocks rose slightly on Tuesday tracking a strong overnight lead-in from Wall Street, although gains were limited as traders awaited key U.S. inflation data and the conclusion of a Fed meeting for more cues on monetary policy. Japan’s Nikkei...
Daily Wrap – Monday, December 12, 2022
In Asian Equity Markets stocks retreated on Monday as investors pivoted out of risk-heavy assets ahead of more signals on U.S. monetary policy this week, while rising COVID-19 cases in China dampened optimism over an economic reopening in the country. MSCI's broadest...
Daily Wrap – Thursday, December 8, 2022
In Asian Equity Markets stocks edged higher on Thursday, propped up by Hong Kong and China stocks even as growing fears of an economic slowdown and worries over the pace of the Federal Reserve’s interest rate hikes weighed on sentiment. MSCI’s broadest index of...
Daily Wrap – Wednesday, December 7, 2022
In Asian Equity Markets stocks fell on Wednesday as reality bit on hopes for a soft economic landing in the United States, curbing investors' enthusiasm about China's major shift in its tough zero-COVID policy. MSCI's broadest index of Asia-Pacific shares outside...
Daily Wrap – Tuesday, December 6, 2022
In Asian Equity Markets stocks logged their sharpest declines in two weeks but the dollar held on to gains following strong U.S. data that again suggested the Federal Reserve might stick longer with aggressive interest rate increases. MSCI's broadest index of...
Daily Wrap – Monday, December 5, 2022
In Asian Equity Markets stocks traded sideways on Monday amid some uncertainty over U.S. monetary policy after strong payrolls data, while Chinese stocks rose as the government scaled back COVID restrictions in more cities. China’s blue-chip Shanghai Shenzhen CSI 300...
Daily Wrap – Thursday, December 1, 2022
In Asian Equity Markets stocks jumped on Thursday, while the dollar slid as investors poured into risky assets after Federal Reserve Chair Jerome Powell opened the door to a slowdown in the pace of monetary tightening. The MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Wednesday, November 30, 2022
In Asian Equity Markets stocks wobbled on Wednesday as investors remain cautious about China's path to reopening its economy after it released disappointing manufacturing data, with China and Hong Kong stocks wiping out strong gains from the previous day. MSCI's gauge...
Daily Wrap – Tuesday, November 29, 2022
In Asian Equity Markets stocks bounced back from recent losses on Tuesday, with Chinese bourses leading gains after Beijing rolled out more stimulus measures, while social media rumors suggested that the Chinese government was considering the scaling back of its...