asian equities Archives - Page 2 of 4 - The Industry Spread

Equities Consolidate Post Profit Booking Amidst Trade Deal Uncertainties

November 9, 2019

The global equity market is seeing a slide in the price of major indices and stocks as traders took to profit booking activity on last trading session of the week. Further, uncertainties influenced by comments from US officials stating that no specific agreement for the phased rollback of tariff on Chinese goods has been prepared yet regardless of recent headlines took the wind out of market bulls causing risk appetite to die down overnight. However, expectations for further comments from US/China to mitigate the bearish cues have kept risk assets consolidating within a familiar price range.

Equities Continue Higher, Gold Retreats

November 7, 2019

Asian equity indices ended mixed today after the meeting between U.S. President Trump and Chinese President Xi Jinping to sign an interim deal could be delayed until December as discussions continue over terms.

Gold Drops Below $1,500, Asian Equities Mixed

November 6, 2019

Asian equity indices ended mixed today on upbeat earnings results, and improved sentiment as investors digest the 25 basis point to 1.50%-1.75% from Fed. Yesterday, the US ISM Non-Manufacturing PMI registered at 54.7 topping expectations of 53.5 in October and despite JOLTS Job Openings came in at 7.024M below expectations of 7.028M in September.

Equities Rally Continues, Bitcoin Price in Bullish Momentum

November 5, 2019

Asian equity indices ended higher today on improved sentiment as investors digest the 25 basis point to 1.50%-1.75% from the Fed. U.S. The non-farm payrolls rose by better than expected 128,000 for October compared to expectations for an increase of 89,000. GDP for Q3 expanded at a 1.9%, slowing from 2% in the Q2 but came in above market forecasts for growth of 1.6%.