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Daily Wrap – Monday, October 17, 2022
In Asian Equity Markets stocks fell on Monday as concerns over U.S. curbs on Chinese semiconductor imports were worsened by a report that Apple was planning to drop Chinese chips, while fears of sharp interest rate hikes by the Federal Reserve also weighed. China’s...
Daily Wrap – Friday, October 14, 2022
In Asian Equity Markets stocks extended gains on Friday as hopes of more Chinese stimulus and speculation of a British government U-turn on its fiscal plans supported risk sentiment, while the safe-haven dollar eased. MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Thursday, October 13, 2022
In Asian Equity Markets stocks followed Wall Street lower and crude oil stayed weak on Thursday as investors weighed the risks of global recession amid hawkish Federal Reserve rhetoric and uncertainty about the Bank of England's commitment to stabilising markets....
Daily Wrap – Wednesday, October 12, 2022
In Asian Equity Markets stocks wallowed at two-year lows on Wednesday, weighed by signs China had no immediate plans to ease strict COVID curbs while an unrelenting dollar rally and wobbles in the U.K. bond market and pound shook global investor sentiment. MSCI's...
Daily Wrap – Tuesday, October 11, 2022
In Asian Equity Markets stocks fell further on Tuesday as technology majors remained under pressure from new U.S. export curbs and a hawkish Fed. The Taiwan Weighted Index lost 4 percent to a near two-year low after the United States announced measures limiting their...
Daily Wrap – Monday, October 10, 2022
In Asian Equity Markets stocks fell sharply on Monday, with Chinese chipmakers leading declines on new U.S. trade curbs, while broader sentiment was dented by fears of more hawkish measures from the Federal Reserve. The blue-chip Shanghai Shenzhen CSI 300 index sank...
Daily Wrap – Friday, October 7, 2022
In Asian Equity Markets stocks fell on Friday as fears of a hawkish Fed grew ahead of key U.S. labor data, although most bourses were set for weekly gains as they recovered from steep losses in September. Japan’s Nikkei 225 index fell 0.7 percent and was up 4.5...
Daily Wrap – Thursday, October 6, 2022
In Asian Equity Markets stocks extended recent gains on Thursday amid growing expectations of an economic rebound in China, with focus now turning to upcoming U.S. payrolls data to determine the path of monetary policy. MSCI's broadest index of Asia-Pacific shares...
Daily Wrap – Wednesday, October 5, 2022
In Asian Equity Markets stocks rose on Wednesday as investors grew hopeful future global interest rate rises might become less aggressive amid early signs previous policy tightening was working to temper price pressures in some major world economies. MSCI's broadest...
Daily Wrap – Tuesday, October 4, 2022
In Asian Equity Markets stocks bounced on Tuesday after Britain scrapped bits of a controversial tax cut plan, tentatively improving global market sentiment and rallying bonds and the pound. In trade thinned by holidays in China and Hong Kong, MSCI’s broadest index of...