stocks, dollar drop, a day after relief rally – Apr 11 2025
Key reads Tariffs caused US Treasury market dislocations, raising longer term concerns Global investors hunker down for volatility even as tariff pause is welcomed Trump tariff pause does not change fundamentals for a Fed that sees risks ahead Wall Street’s week of whiplash brought fear, relief and caution Safe European home? Scared money seeks […]
Shares cling to hopes for tariff relief, bitcoin jumps – Mar 3 2025
Market Summary Asian stock markets : Bitcoin surges as Trump talks of crypto reserve Markets still unsure if U.S. tariffs will go ahead Nikkei rallies 1%, S&P 500 futures flat Euro up on hopes for progress on Ukraine-Russia deal Index Last Change % Change trading higher Dow Jones Industrial Average .DJI 43,840.91 +601.41 +1.39%Positive trading […]
RBA poised, China tech booms, Japan GDP sizzles – Feb 18 2025
Today’s Market News HK comments leave the door open to use of cryptocurrencies as proof of wealth Indonesia books $3.45 billion trade surplus in January after weak imports India eyes to boost trade with US; January trade deficit as expected Japan braces for BOJ to lift rates sooner and higher China’s Xi holds rare meet […]
Asia shares mostly higher, yen buoyed by upbeat GDP – Feb 17 2025
Today’s Market News Russia’s Gazprom Neft says 2024 net profit down 25% to $5.2 billion India’s GlaxoSmithKline Pharma reports higher profit on strong demand for respiratory drugs Sri Lanka’s cenbank sees inflation peak above target in Q2 next year India’s January wholesale inflation steady at 2.31% y/y Japanese investors pull out of foreign stocks amid […]
Global stocks rally on Ukraine peace hopes, bonds sell off – Feb 13 2025
Today’s Market News S&P 500 ends down as hot US inflation data hints at fewer rate cuts Dollar gains on yen as consumer prices rise more than expected Oil sinks 2% after Trump calls Putin, Zelenskiy to discuss end to war in Ukraine Key developments to markets on Thursday: Philippines central bank policy decision Japan […]
Gold soars, stocks sanguine as investors weigh Trump’s latest tariff threat – Feb 11 2025
Today’s Market News Gold soars beyond $2,900 as Trump threatens fresh tariffs Dollar rises, stocks advance as latest tariff threat weighed Foxconn January revenue up 3.16% on year, sees strong growth in first quarter TSMC sees first-quarter revenue near lower end of guidance on January earthquake impact Japan runs record current account surplus in 2024 […]
Asia shares slip, dollar firm as tariffs loom – Feb 2 2025
Today’s Market News China’s consumer inflation at 5-month high, producer deflation persists India cenbank will be agile in responding to banks’ liquidity needs Russia may ban gasoline exports for a month to stabilise prices, TASS reports Oil India’s quarterly profit misses estimates as low prices outweigh demand Kia contests $14 million India tax demand for […]
Wall St whipsaws to mixed close as Amazon reports; NFP on tap – Feb 7 2025
Today’s Market News Wall Street ends mixed in choppy trading; Amazon, jobs report in focus Another cobalt bust but this time it’s different Amazon beats quarterly revenue estimates, cloud growth lags Key developments to markets on Friday: India rate decision Taiwan trade (January) China FX reserves Index Last Change % Change trading lower Dow Jones […]
Asia shares track Wall Street higher, Treasury yields languish near lows – Feb 6 2025
Today’s Market News Trade war or not, global investors turn even more cautious on China Huawei chairman says 2024 revenue exceeded $118 bln Philippine c.bank to take ‘measured approach’ in easing as inflation steadies Exclusive: India accuses Kia of evading taxes of $155 mln in VW-like dispute China’s markets return from holiday to US trade […]
Asia shares edge higher, dollar backtracks – Feb 5 2025
Today’s Market News Wall Street rises on US-China trade optimism, energy boost Google parent Alphabet plans $75 billion capital expenditures this year, misses on cloud revenue US dollar edges lower as China tariffs kick in China sets firm fix for yuan, soothing devaluation worry Wall St futures dip after Alphabet earnings disappoint Dollar backs off […]
