- November 22nd, 2024
The U.S. dollar hovered close to an 11-week high against major currencies on Friday, buoyed by robust economic data from the U.S. and growing speculation over a potential election victory for former president Donald Trump. While Asian stock markets reflected...
Asian markets gained momentum following a positive close on Wall Street, as investors shifted their focus from megacap technology stocks to economically sensitive shares, including smaller companies. This rotation signals a broader optimism about the global economy’s recovery, despite ongoing...
Asian shares were steady on Thursday as investors awaited a pivotal housing policy briefing in China, which has ignited hopes of additional support for the country’s faltering property sector. In the background, the U.S. dollar stood firm near two-and-a-half-month highs,...
Asian stocks rose on Tuesday, buoyed by another record-setting performance on Wall Street, while oil prices tumbled as concerns over an Israeli attack on Iranian energy facilities diminished. The MSCI Asia Pacific Index climbed 0.7%, fueled primarily by gains in...
Asian stocks saw little movement in early holiday-thinned trade on Monday, as nervous investors speculated on how markets in mainland China might respond to broad but vague economic stimulus promises from the Chinese government over the weekend. Despite hopes of...
Asian stocks managed to sidestep losses that weighed down Wall Street after hotter-than-expected core inflation data fueled concerns over the Federal Reserve’s next move. Investors in the region took a more optimistic stance, with Japanese and South Korean stocks opening...