Shares in Asia fluctuate after US stocks ended steady on Thursday, as investors balanced cooling inflation with the prospect interest rates will remain elevated. Australian equities pared early declines while mainland China and Hong Kong shares whipsawed after the opening bell. US equity futures gained ground after the S&P 500 eroded an early advance to … Read more
SINGAPORE, – Bonds fell and the dollar rose on Thursday as roaring U.S. retail sales had investors reckoning on interest rates staying higher for longer to temper demand, though stock markets were focused on the bright side for earnings and climbed a little. The S&P 500 rose 0.3% overnight. MSCI‘s broadest index of Asia-Pacific shares … Read more
Domestic equity markets are set for a negative opening on Thursday tracking the mixed global cues. US stocks settled marginally lower on Wednesday, whereas Asian peers kicked off trade in red. Inflation worries persist after the US Fed’s hawkish commentary. Back home, IT majors will be in action following the Q2 earnings. Here’s breaking down … Read more
Bucking the muted global cues, Indian benchmark indices were set for a positive trade at open. On the contrary, Asian peers were in deep red, whereas US Stocks settled mostly lower during the overnight trade. Recession fears spooked the traders across the globe and firm dollar dented the sentiments further. Back home, India Inc earnings … Read more
Domestic equity markets set to kick off the new month on weaker notes, thanks to the gloom in the global markets. US stocks tumbled over the weekend trade, whereas Asian peers were also in red. Firm crude oil over output cut buzz also dented the sentiments. Back home, macroeconomic data is also hinting at a … Read more
After a sharp selloff last week, Indian equity markets will likely kick off the new week with some caution amid the lacklustre global cues. US stocks settled lower over the weekend trade, whereas Asian peers were trading mixed. The ease in the US dollar was a reason for cheer among the investors. Here’s breaking down … Read more
SYDNEY: Asian share markets were attempting a rare rally on Monday after Wall Street managed a bounce from deep lows, though investors were also braced for bad news from Chinese economic data due later in the session. Forecasts are for a fall of 6.1% in China’s annual retail sales, while industrial output is seen rising … Read more