By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asia kicks off the final full trading week of 2024 with the monthly ‘China data dump’ landing on Monday, and with investors leaning toward keeping the stock market bull run going as central banks around the world go into easing mode….
Seoul’s Kospi swung after South Korean President Yoon Suk Yeol was impeached at the weekend for this month’s short-lived martial law declaration (Handout) Asian markets mostly fell Monday after an unexpected slowdown in retail sales reinforced worries about China’s economy, with the latest batch of weak data compounding the disappointment of Beijing’s latest stimulus pledges….
Chinese leaders have pledged to boost consumption and provide support for the troubled property sector (STR) Asian markets fell Friday as China’s latest vows to boost the beleaguered economy failed to stir much excitement, while traders looked ahead to a key Federal Reserve policy meeting next week. A tepid week was on course for a…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets are set to end the week on the defensive, pressured by rising U.S. bond yields and a firmer dollar, with investors ready to reduce risk exposure as they ponder the cross-currents sweeping through the emerging world. China’s latest pledges…
Asian stock markets are trading mixed on Monday, following the mixed cues from Wall Street on Friday, pulled down by a tumbling South Korean market amid the ongoing political turmoil in the country as well as the ongoing tensions in the Middle East and the Russia – Ukraine war. Traders also remain optimistic over the…
(Bloomberg) — European stocks look poised to carry over a strong Asian session, following Wall Street’s tech-led gains and as new US curbs on Chinese access to vital chip and AI components proved to be less punitive than feared. Most Read from Bloomberg The Euro Stoxx 50 futures rose 0.4%, with their US peers flat….
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. The global market spotlight on Monday looks set to zoom in on the dollar, especially its performance against emerging market currencies, after U.S. President-elect Donald Trump’s weekend warning against the so-called ‘BRICS’ nations. In a social media post on Saturday, Trump…
Oil prices have been boosted by geopolitical tensions after Russian President Vladimir Putin said the conflict with Ukraine had characteristics of a ‘global’ war (Vyacheslav PROKOFYEV) Most Asian markets gained Friday after a bounce on Wall Street, while bitcoin continued its march higher to move within touching distance of the $100,000 mark. Rising geopolitical tensions…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Investors hoping that Nvidia’s eagerly-awaited earnings after the U.S. close on Wednesday would inject renewed vigor into world markets will be disappointed, heralding the prospect of a lukewarm open in Asia on Thursday. Wall Street spent all day Wednesday firmly in…
The Indian markets are shut on account of Assembly Elections in Maharashtra but globally its a positive day of trade. Asian markets have opened higher and US too closed in the green after a volatile session on Tuesday. Investors are looking forward to appointments by US President-elect Donald Trump Meanwhile, oil prices saw a modest…