Asian stocks Archives - Page 4 of 6 - The Industry Spread

Progress in Trade Negotiations Boosts Stocks

March 29, 2019

Asian stocks finished strong as investors cheered progress in trade negotiations between the US and China in Beijing. In Japan, the Nikkei225 main index added 0,82 percent to 21,205, the Hang Seng benchmark in Hong Kong finished 0.99 percent higher at 29,060. The Shanghai Composite outperformed, finishing 3.20 percent higher at 3,090 and in Singapore, the FTSE Straits Times index gained 0.46 percent higher at 3,218.

RBNZ Turns Dovish, NZDUSD Below 0.68

March 27, 2019

Asian stocks for one more day finished mixed amid concerns of slower global growth, Brexit complications and US-China trade talks remain in focus.

Equities Decline, US T.Yields Rebound but Recession Woes Remain Steady

March 27, 2019

Today’s Asian and European market hours are seeing mixed price action in most major stock exchanges and Forex pairs. Asian market saw all major stock exchanges aside from Chinese & Hong Kong markets trade and close in red over lingering concerns of a slowdown in the global economy.

Stock Markets Search for Direction

March 26, 2019

Asian stocks finished mixed after yesterday’s sell-off amid fears of US recession and weak macro data as Japanese’s January month all industry activity index lagged behind at +0.2% forecast to -0.2%. In Japan, the Nikkei225 main index rebounded 2.15 percent after hitting yesterday’s five-week low, to 21,428, the Hang Seng benchmark in Hong Kong finished 0.15 percent lower at 28,485.

US Recession Fears Weighing on Investors Sentiment

March 25, 2019

Asian stocks finished in red on Monday after fears of US recession resurface, and weak macro data as Japanese January month all industry activity index lagged behind at +0.2% forecast to -0.2%. The yield on the U.S. 10-year Treasury note dipped about 1.6 basis points below the yield on the three-month Bill, an inversion that has investors worried a recession could be hit in the near future. In Japan the Nikkei225 main index hit a five-week low after tumble 3.01 percent to 20,977, the Hang Seng benchmark in Hong Kong finished 2.03 percent lower at 28,523.

Post-FOMC Bearish Pressure Surrounds US Dollar

March 22, 2019

In Japan the Nikkei225 main index added 0.09 percent to 21627, the Hang Seng benchmark in Hong Kong finished 0.25 percent lower at 28,989. The Shanghai Composite finished 0.01 percent higher at 3,101 and in Singapore, the FTSE Straits Times index gained 0.02 percent at 3,213. The Aussie stock market managed to make a solid gain today, capping off what’s been a week of choppy and lackluster trade. The ASX 200 rose 28 points or 0.5% to 6,195 – helped by gains in financial, energy, retail, healthcare, IT and utility stocks. The index gained 0.3% for the week.

Post-FOMC Bearish Pressure Surrounds US Dollar

March 21, 2019

The dovish outlook from FED failed to impress Asian equities which finished mixed today as media reports suggested that progress in relation to China-US trade negotiations have been stymied with the Chinese unwilling to yield to US demands, the Hang Seng benchmark in Hong Kong finished 0.85 percent lower at 29,071. The Shanghai Composite finished 0.35 percent higher at 3,101 and in Singapore, the FTSE Straits Times index added 0.27 percent at 3,215.

Asian stocks Rallied, AUDUSD breaks above 0.71

March 18, 2019

Asia stocks advanced in the first trading day of the week as traders spy a possible light at the end of the tunnel in talks between the UK and EU and China’s suggestion of an official state visit by President Xi linked to a trade deal will see the meeting take place in late April, a delay to the much-anticipated March finish.

Global Equities Advance, Yen stabilizes at 111.70 After BoJ

March 15, 2019

Asia stocks advanced in the last trading day of the week as traders spy a possible light at the end of the tunnel in talks between the UK and EU and China’s suggestion of an official state visit by President Xi linked to a trade deal will see the meeting take place in late April, a delay to the much-anticipated March finish. In Japan, the Nikkei225 main index rose 0.77 percent to 21,450, and the Hang Seng benchmark in Hong Kong finished 0.90 percent higher at 29,109.

Bulk up for another Pound Roller Coaster Today

March 13, 2019

Brexit uncertainties weighed on Asian markets, and in Japan, the Nikkei225 main index lost 0.99 percent to 21,290, and the Hang Seng benchmark in Hong Kong gave up 0.39 percent at 28,920. The Shanghai Composite shed 1.09 percent at 3,026, while stocks in Australia has extended its longest losing streak for the year, recording loses for a fourth straight day with geopolitical concerns continuing to weigh on the local market. Soft US inflation data and further Brexit uncertainties weighed on the ASX 200 as the index fell 13 points or 0.22% to close the session at 6161.2.