Stocks climb on US inflation reading, upbeat earnings – Jan 15
Today’s Market News Luxury groups pin hopes on US as China weakness persists HEDGE FLOW Hedge funds increased bearish bets ahead of Friday’s blowout US jobs report, banks say India’s CEAT misses Q3 profit view on higher raw material prices Oil rallies, settles at multi-month high on US crude draw, Russia sanctions Chinese overnight rate […]
Rising Treasury yields cap global stocks; traders weigh tariffs, Fed rate cuts – Jan 9 2025
Today’s Market News China expects increase in New Year travel numbers, despite economic doldrums China expects increase in New Year travel numbers, despite economic doldrums Indian railways spend over $22 billion on modernization Turkey’s Dogan Trend making progress with China’s SAIC for local plant India cuts November gold imports by record $5 billion Key developments […]
Shares patchy in Asia, Canadian dollar up on Trudeau report – Jan 6 2025
Today’s Market News Foxconn beats estimates with record fourth-quarter revenue on AI demand China’s cenbank warns mutual funds against feeding bond frenzy, sources say Hyundai Motor, Kia Motor see uptick in 2025 sales after missing 2024 targets Indonesia signs 15.6 mln kilolitres biodiesel allocation for 2025 Singapore’s Dec jet fuel imports hit multi-year high on […]
Asia shares get off to bumpy start in 2025 with Trump’s policies in focus – Jan 2 2025
Equities Global shares (.MIWD00000PUS), closed out 2024 with a strong yearly gain of nearly 16%. Similarly MSCI’s of APAC ex-Japan (.MIAPJ0000PUS), slid 1.2% in December though registered a gain of more than 7% for 2024. China’s CSI300 last down 1.43%, Hang Seng slid 1.74%. Investors are closely monitoring China’s economic recovery in 2025 after officials […]
Asia shares rise, dollar underpinned by elevated bond yields – Dec 24
Summary Fed outlook main theme for investors Honda shares surge on Nissan merger plans Dollar, US yields near milestone highs Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 42,906.95 +66.69 +0.16%Positive trading higher Nasdaq Composite Index .IXIC 19,764.88 +192.29 +0.98%Positive trading higher S&P 500 Index .SPX 5,974.07 +43.22 +0.73% Index Last […]
Asia shares rally on US inflation relief – Dec 23
Summary Central banks lowered rates in 2024 after inflation battle Voters punished incumbents amid cost of living crisis Uncertainty looms with potential Trump tariffs and global conflicts Nikkei gains 0.7%, S&P futures firm 0.3% Futures imply 53% chance of March Fed rate cut Dollar remains strong on high bond yield Index Last Change % Change […]
Asian shares pinned near three-month lows, dollar towers at 2-yr peak- Dec 20
Today’s Market News Big year of central bank easing wraps up with dovish BoE, Fed caution Rupee falls below 85/USD as Fed’s hawkish shift rattles Asian currencies Fed’s hawkish tilt has emerging markets scurrying to save currencies Key developments that could provide more direction to markets on Friday: China interest rate decision Japan CPI inflation […]
Asian stocks dive after Fed flags slower rate cuts, BOJ decision awaited – Dec 19
Today’s Market News BOJ meets for final rate review this year as Trump risk clouds outlook India re-examining record Nov gold imports, sources say Hong Kong approves four more cryptocurrency exchanges India’s net direct tax collection rises over 16% y/y in April-December Indonesia cenbank to buy more govt debt in 2025 in deal over maturing […]
Dollar strong ahead of FOMC, Japan auto shares surge on Honda-Nissan news – Dec 18
Today’s Market News Indian finance minister says Q2 growth slowdown a ‘blip’, higher growth coming Don’t expect ‘Korea discount’ to disappear-Raychaudhuri Hong Kong’s Sept-Nov unemployment holds steady at 3.1% The $80 million question: Can bond reward force Sri Lanka to improve governance? Exclusive: China plans record budget deficit of 4% of GDP in 2025, say […]
Asian shares drift, dollar firms ahead of central bank meets – Dec 17
Today’s Market News Exclusive: Shein weighs sale of less than 10% of company in London IPO, sources say Surge in gold imports pushes India’s Nov trade deficit to record levels China’s Jan-Nov government land sales revenue falls 22.4% y/y China’s fiscal revenue falls 0.6% in January-November China to boost direct fiscal support to consumers […]
