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Daily Wrap – Monday, November 28, 2022
In Asian Equity Markets stocks fell on Monday amid worsening protests in China against the Government’s strict zero-COVID policy, while Indian stocks traded near record highs as markets positioned for smaller interest rate hikes in the country. Chinese stocks fell...
Daily Wrap – Friday, November 25, 2022
In Asian Equity Markets stocks fell slightly on Friday amid concerns over rising COVID-19 cases in China, but were headed for weekly gains as dovish signals from the Federal Reserve boosted broader appetite for risk-driven assets. Hong Kong’s Hang Seng index was among...
Daily Wrap – Thursday, November 24, 2022
In Asian Equity Markets stocks mostly tracked Wall Street higher on Thursday while a sell-off in the U.S. dollar was extended, as markets reacted to the possibility of the U.S. Federal Reserve soon slowing its pace of interest rate hikes. MSCI's broadest index of...
Daily Wrap – Wednesday, November 23, 2022
In Asian Equity Markets stocks rose on Wednesday, tracking an overnight recovery in Wall Street as markets awaited more cues on U.S. monetary policy, although rising COVID-19 cases in China kept gains limited as traders feared more disruptions. Gains in Chinese stocks...
Daily Wrap – Tuesday, November 22, 2022
In Asian Equity Markets stocks were mixed on Tuesday as recent losses invited some bargain hunting in the space, although losses in technology stocks and concerns over rising COVID-19 cases in China pressured most major bourses. China’s blue-chip Shanghai Shenzhen CSI...
Daily Wrap – Monday, November 21, 2022
In Asian Equity Markets stocks fell on Monday as investors fretted about the economic fallout from fresh COVID-19 restrictions in China, with resulting risk aversion benefiting bonds and the dollar. Chinese blue chips fell 1.3 percent in early trade, dragging MSCI's...
Daily Wrap – Friday, November 18, 2022
In Asian Equity Markets stocks were in a cautious mood on Friday after U.S. Federal Reserve officials fired more warning shots on interest rates, while rising coronavirus cases in China and liquidity strains in its bond market added to uncertainty. MSCI's broadest...
Daily Wrap – Thursday, November 17, 2022
In Asian Equity Markets chip stocks took a beating on Thursday, sending most Asian share indexes lower, after grim signals from Micron Technology overnight about excess inventories and sluggish demand. Hong Kong's Hang Seng Index lost 2.1 percent, with its tech stocks...
Daily Wrap – Wednesday, November 16, 2022
In Asian Equity Markets stocks fell on Wednesday as investors sought more clarity over a potential Russian missile strike on Poland, although expectations that the Federal Reserve will raise interest rates at a slower pace helped temper losses. Worries over a...
Daily Wrap – Tuesday, November 15, 2022
In Asian Equity Markets stocks were mixed on Tuesday and oil was weaker as investors sought to digest the economic implications of China's COVID policy adjustments and a rescue package for the country's struggling property sector. MSCI's broadest index of Asia-Pacific...