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Asian Equities

All articles tagged with #asian equities

global-markets20 days ago

Asian markets waver as Xi arrives in U.S. for high-stakes trade and AI talks

Asian stock markets traded unevenly on Wednesday as investors awaited the arrival of Chinese President Xi Jinping in the United States. Chinese and Hong Kong shares declined, with the Shanghai Composite down 0.4% and the Hang Seng Index falling 1%, while South Korea’s KOSPI rose 0.5% on strength in Samsung Electronics. U.S. index futures remained largely flat. The upcoming summit, scheduled for Thursday, focuses on trade, artificial intelligence, and supply chains. Although officials described preparatory talks as productive, investors remain cautious due to unresolved geopolitical tensions, particularly regarding Taiwan and human rights. Oil prices eased slightly, with Brent crude hovering near $99 per barrel, as hopes for U.S.-Iran negotiations reduced geopolitical risk premiums.

Global Markets Update: Stocks Fall in Europe, Asia; US Markets Closed for Holiday
finance2 years ago

Global Markets Update: Stocks Fall in Europe, Asia; US Markets Closed for Holiday

Asian equities fell following declines in European stocks and bonds as European Central Bank officials tempered rapid rate cut expectations, with Australian and Japanese shares slipping and US equity contracts edging lower. Treasuries declined in their first trading session since Friday, while oil prices remained steady after a Monday decline.

"Asian Markets React to Inflation Concerns as Nikkei Surges"
finance2 years ago

"Asian Markets React to Inflation Concerns as Nikkei Surges"

Japanese stocks, led by the Nikkei, reached a near 34-year high, while Asian equities remained subdued ahead of U.S. inflation data. U.S. rate futures are pricing around 140 basis points of rate cuts this year, with focus on Thursday's U.S. consumer price data. Geopolitical tensions and disruptions in the Red Sea and Libya raised oil prices, while foreign exchange and fixed income markets traded cautiously. Chinese lending figures are also awaited, with expectations of further easing amid dour investor sentiment.

Global Markets Await Economic Data as Asian Shares Wobble and Dollar Softens
finance3 years ago

Global Markets Await Economic Data as Asian Shares Wobble and Dollar Softens

Asian equities edged higher, while the dollar weakened as traders awaited economic data that could provide insights into the next moves by the US Federal Reserve. Oil prices rebounded after concerns arose about the Israel-Hamas conflict escalating into a broader conflict in the oil-exporting region. The MSCI Asia-Pacific index outside Japan rose slightly, but remains down for the month. Investor attention will be divided between earnings reports from major companies and a slew of economic data ahead of the Fed's meeting. China shares remained under pressure, while the yield on the 10-year US Treasury note rose. The dollar softened against a basket of currencies, and bitcoin surged on speculation of a possible exchange-traded fund.

Credit Suisse in Crisis: Shares Plummet as Regulators Intervene.
finance3 years ago

Credit Suisse in Crisis: Shares Plummet as Regulators Intervene.

Credit Suisse will borrow up to $53.7 billion from Switzerland's central bank to support its business amid market contagion from the collapse of Silicon Valley Bank. Asian equities sold off, with Hong Kong's Hang Seng Index and Japan's bank-heavy Topix down 1.55 and 1.29 percent, respectively. Investors flocked to safe-haven assets such as gold and government bonds. Treasury Secretary Janet L. Yellen is set to testify on Capitol Hill on Thursday, and the Bank of England is monitoring the situation for any signs of a deepening crisis.