- November 14th, 2024
Tokyo, Hong Kong, and Sydney see declines as investors brace for key inflation data that could impact Fed policy; regional economic concerns and geopolitical tensions weigh on market sentiment Asian stock markets opened on a downtrend early Wednesday, marking a...
Asian Stocks Slide as Dollar Rises to Four-Month High, While Bitcoin Soars Amid Trump’s Election Win
Asian stocks experienced a slight decline, while the U.S. dollar remained near four-month highs on Tuesday. However, the real excitement centered around Bitcoin, which surged to an unprecedented record high, fueled by investor bets on favorable outcomes from Donald Trump's...
Asian stock markets took a hit on Monday following news of China’s long-awaited stimulus package, with Hong Kong’s Hang Seng index dropping over 2%. Despite the hefty 6 trillion yuan ($839 billion) stimulus aimed at alleviating local government debt, investor...
In volatile trading on Tuesday, Asian stocks presented a mixed picture, reflecting investors' heightened anticipation of major tech earnings reports from Wall Street. This week's lineup, including results from Alphabet, Meta, Microsoft, Apple, and Amazon, has markets on edge. Meanwhile,...
Asian markets experienced mixed performances at the start of the week, reflecting a delicate balance between cautious optimism and geopolitical concerns. While modest gains were seen across some of Asia's leading stock indexes, gold surged to an all-time high, fueled...
Asian stock markets largely trended higher on Tuesday, fueled by investor optimism stemming from a strong Wall Street rally and expectations for better-than-anticipated corporate earnings. Meanwhile, the U.S. dollar hovered near a two-month high, bolstered by growing speculation that the...
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 were set to advance on Thursday, following the US stock market's rally, which reached new heights ahead of the release of crucial inflation data. This data, expected to shed light on inflation trends, could play a defining role...
Asian shares fell on Thursday due to risk aversion due to Middle East tensions, while gold prices remained near two-month peaks. MSCI's broadest index of Asia-Pacific shares outside Japan was 1.11% lower and on course for a 1.4% decline in...
SINGAPORE Asian stocks rebounded from a two-month low on Wednesday as data showing China's manufacturing activity in February expanded at the fastest pace in more than a decade cheered investors, setting fears over rising interest rates. China's official manufacturing, purchasing...
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