Global shares tracked Asia lower on July 30 but head for their sixth straight month of surges. Notably, strong corporate earnings along with central bank largesse kept sentiment unchanged. The U.S dollar stood close to a one-month low. MSCI’s World index fell 0.3%, leaving it broadly flat on the week. However, it is up 1.1% …
Hong Kong’s shares continued recovery on Thursday from a two-day decline earlier this week. Meanwhile, Asian markets increased after the U.S. Federal Reserve decided to leave its benchmark interest rate near zero. Remarkably, Fed’s two-day meeting started on Tuesday and had attracted the attention of markets. Hang Seng index in Hong Kong gained 2.93%, or …
Hang Seng in Hong Kong recovers from a two-day decline Read More »
On July 28, global stock markets were mixed. As we know, Wall Street pulled back from a record, which came as investors are waiting for the Federal Reserve report, which is due to announce later today. Remarkably, it will likely give clues about when U.S. central bank start to reduce bond purchases and keep interest …
European markets were down on Tuesday as Asian stocks reached their lowest this year. Additionally, real bond yields touched record lows ahead of a Federal Reserve policy meeting. Weakness in Asia weighed on European stocks, which dropped 0.92%, moving further away from recent record highs. Remarkably, Britain’s FTSE 100 fell 0.3% to 7,004.39. The Dublin …
European stocks dip as Asian shares hit their lowest in 2021 Read More »
Shares in Hong Kong declined sharply in Monday afternoon trade, wiping out its gains for the year. The slump came as Chinese tech and education stocks dipped on regulatory pressure. Moreover, the drop was also prompted as a summing between Beijing and the U.S. got off to an acrimonious start, reducing investor sentiment. Additionally, the …
Hang Seng fell as Chinese tech and education shares dip Read More »
An owner of Tripcentral.ca (the Canadian travel agency) Richard Vanderlubbe, has had to reduce active staff to around 15% of the total workforce. Although receiving the wage subsidy and business loan, it had to close all physical locations since the coronavirus pandemic’s start. The economy of Canada gradually reopens, the government is easing these programs. …
Businesses in Canada call for eleventh hour aid extension Read More »
European equities boosted on Wednesday, with bond yields also rising. Remarkably, investors continued to push a recovery from an early-week loss. The Stoxx Europe 600 index climbed about 1.4% to 452.72. It it down 0.4% for the week so far that has involved big swings after Wall Street’s Monday decline. The French CAC 40 surged …
European equities gained with bond yields also boosting Read More »
Asia-Pacific shares declined on July 20 following an overnight tumble for stocks on Wall Street. Remarkably, the Dow Jones Industrial Average fell by more than 700 points on Wall Street. Signs of rising inflationary pressures and the increase in the spread of the delta variant of coronavirus in many countries raised concerns that the pace …
Asia-Pacific shares fell following a tumble on Wall Street Read More »
European stocks are lower on July 19. Remarkably, continuing concerns over increasing number of coronavirus infections globally weighing on sentiment. Additionally, oil prices are declining as producers agree to boost output. The DAX futures contract in Germany fell by 0.4%. Meanwhile, CAC 40 futures in France fell 0.8%, and the FTSE 100 futures contract in …
European stocks are lower; COVID-19 cases weigh on sentiment Read More »
World shares were mixed On July 16 as an increasing number of COVID-19 infections and strains between the China and U.S. weighed on sentiment. Stocks declined in Tokyo, Shanghai, Seoul and Paris. However, London and Hong Kong witnessed gains. Additionally, U.S. futures increased. As we know, the Biden administration was anticipated to soon issue a …
World shares mixed amid rising COVID, China-US tensions Read More »
The major indexes briefly traded in the red as stocks dropped ahead of congressional testimony from Fed chief Jerome Powell. However, near the close, the indexes recovered. The Dow Jones Industrial Average traded higher. Meanwhile, the S&P 500 rebounded and led the indexes with a modest gain. The Nasdaq composite also witnessed a small rise. …
Major indexes fell ahead of testimony from Jerome Powell Read More »
Asian shares declined on July 14 after data showing the biggest boost in U.S. inflation in 13 years. Notably, data fuelled some market expectations that the Fed could pull back their support for the economy earlier than anticipated. However, U.S. bond yields and the dollar were lower in Asian trade after rising a day earlier …
Asian shares fell as U.S. inflation hits biggest in 13 years Read More »
Asian stocks are trading mostly higher on July 13. Remarkably, most markets are also extending the gains of the previous session, following the positive cues from Wall Street overnight. Additionally, expectations of economic recovery are tempering COVID-19 concerns. Traders are concerned about the spread of the delta strain of COVID-19 in several paths of the …
Asian stocks were mostly higher as Wall Street hit record Read More »
On Monday, Dow Jones Industrial Average futures fell after the measure closed out the prior week at a record. According to the latest data, the second-quarter earnings season kicks off on Wall Street. Meanwhile, big banks will start reporting results on Tuesday. Dow Jones futures declined by 0.4%, which equals 139 points. Additionally, S&P 500 …
Dow fell from a record high; Q2 earnings season kicks off Read More »
Stocks in Asia-Pacific declined on Friday as coronavirus worries resurfaced in the region. South Korea’s Kospi declined by 1.07% and settled at 3,217.95. Remarkably, the country reported on Friday that the greater Seoul area will be placed under the toughest social distancing rules of Level 4. In Japan, Nikkei 225, the Tokyo Stock Price Index, …
Asia-Pacific stock indexes dropped amid COVID-19 worries Read More »
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