Investors read Fed tea leaves, shrug off China stimulus – Oct 9
Today’s Market News Japan trusts BOJ on monetary policy, economy minister says Fall in Japan’s real wages, spending likely just minor bump for further BOJ hikes China stock rally fizzles as stimulus optimism fades Dollar steadied by focus on Fed path, China, Middle East Key developments on Wednesday: Taiwan CPI (Sept) Reserve Bank of India […]
Mid East conflict keeps markets nervous ahead of China’s reopening – Oct 8
Key developments on Tuesday: Australia consumer sentiment (Oct) Japan Tankan manufacturing and service indexes (Oct) Taiwan trade balance (Sept) Fixed Income 10-year U.S. Treasury yield held above 4% in early Asia trade, as a robust U.S. labour market prompted traders to heavily scale back their expectations for Federal Reserve rate cuts. Equities MSCI’s broadest index of […]
Japan leads Asia stock rally, USD gains after NFP blowout
Today’s Market News China-focused hedge funds post explosive September returns Philippine inflation to settle around 3.2% in 2024, finance minister says BOJ’s rate hike plans face political curve ball VW CEO: Chinese automakers should be allowed to avert tariffs by investing in EU Key developments on Monday: Thailand inflation (September) China FX reserves (September) Japan […]
Stocks edge lower as Middle East conflict pushes oil higher – Oct 4
Today’s Market News India, US to cooperate on critical battery minerals, trade minister says India aims to double edible oil output to trim reliance on imports Sri Lanka to move forward with third review of near $3 bln IMF bailout Swiggy gets shareholder nod to use provision to upsize IPO fresh issue, sources say Hong […]
Indexes steady, oil rises with Middle East hostilities, JPY rattled – Oct 3
Today’s Market News Futures in Japan face hangover from BOJ’s bond-buying binge Exuberant iron ore, subdued copper show different sides of China stimulus: Russell Stock indexes steady, oil rises as wary investors eye Middle East hostilities Key developments on Thursday: Australia trade (August) Japan, Australia, Singapore PMIs (September) Hong Kong retail sales (August) Fixed Income […]
Markets bunker down as Iran-Israel tensions spark – Oct 2
Today’s Market News Stocks fall, safe haven assets rally with oil as Iran fires on Israel Global investors gear up to go back into China Global factory activity hit by economic uncertainty Singapore million-dollar flat sales hit record in Q3, research shows Key developments on Wednesday: South Korea inflation (September) South Korea manufacturing PMI (September) […]
Asia morning: China cuts banks’ reserve ratio as economic growth sputters – Sep 27
Today’s Market News Exclusive: China to issue $284 billion of sovereign debt this year to help revive economy Chinese banks in need of capital injection to give thrust to economic stimulus steps China vows ‘necessary spending’ to hit economic growth target IMF’s $7 billion bailout sends Pakistan stocks to new peak Key developments on […]
Stocks climb, Euro falls; Fed say large rate cut was warranted – Sep 24
Today’s Market News GM, Ford would need to halt Chinese vehicles exports for US under rule, official says Biden proposes banning Chinese vehicles, ‘connected car’ technology from US roads Indian shares continue to scale new peaks after U.S. rate cut Stocks climb, euro falls; Fed officials say large rate cut was warranted Key developments […]
Today’s Market News Japan PM hopeful Ishiba sees ‘room’ for corporate tax hike, Kyodo reports Brookfield-backed Leela hotels owner Schloss files for $599 mln India IPO Food-price volatility may pose risk to India’s inflation, cenbank says VinFast posts deeper Q2 loss on impairment charge, higher cost to boost sales TNG Digital eyes Malaysian IPO […]
Asia morning brief Sep 20
Today’s Market News BOJ to keep policy steady, signal more rate hikes to come DCM Ventures to exit China’s Kuaishou via $479 mln placement China to ramp up policy steps to revive economy but no ‘bazooka’ stimulus seen Saudi Arabia’s crude oil exports in July hit almost one-year low China expected to trim main policy […]
