Asia shares helped by China uplift, Trump’s tariff plans hang in the air – Jan 23 2025
Today’s Market News India market regulator proposes sachet-sized investments with easier rules China to allow foreign institutions to offer new types of financial services in free trade zones China unveils plan to encourage insurance funds into stock markets Taiwan says market uncertainty will be ‘new normal’ under Trump China and Hong Kong stocks tumble on […]
Shares and Treasuries choppy on Trump’s plans for tariffs – Jan 21 2025
Today’s Market News No day-one tariffs coming from Trump, but trade overhaul planned, official says India’s Oberoi Realty posts Q3 profit jump on strong luxury home demand China’s Dec imports of Canadian rapeseed decline amid trade probe China December youth jobless rate down at 15.7%, statistics bureau says Hong Kong’s Oct-Dec unemployment holds steady at […]
Dollar strong, stocks creep higher as Trump term dawns – Jan 20 2025
Today’s Market News India’s Kotak Mahindra Bank Q3 profit rises 10% on higher lending income IMF says China’s economic growth of 5% in 2024 was ‘positive surprise’ China’s securities regulator approves merger of Guotai Junan, Haitong Securities Citadel Securities applies for securities licence in China SBI Life Insurance posts higher Q3 profit on policy renewals, […]
Asia stocks fall despite China GDP beat; bond yields drop with Fed in focus-Jan 17 2025
Today’s Market News Morning Bid: Awaiting China data deluge, US yields drift lower Zijin Mining to gain controlling stake in Zangge Mining with $1.87 bln deal proposal India’s Reliance beats Q3 profit estimates on boost from retail, telecom China Vanke’s CEO detained by authorities, state media reports China will continue to help Sri Lanka achieve […]
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 […]
