Archive for Tag: Asia stocks

Japan’s Nikkei 225

Asian Stocks Mixed, Fed Maintains Dovish Stance in March Meeting Minutes

Asia Pacific stocks were mixed Thursday morning, as investors digested the U.S. Federal Reserve’s continued commitment to its supportive policy. Japan’s Nikkei 225fell 0.42% by 10:31 PM ET (2:31 AM GMT). Balance of payments data released earlier in the day was positive, with the adjusted current acount at JPY1.79...

Read More
Asian shares

Asian shares hit 2-week lows, dollar gains as investors scurry for cover

Asian shares skidded to a two-week trough on Wednesday and the dollar neared four-month highs as coronavirus lockdowns in Europe and potential U.S. tax hikes hit risk appetite, leading to a flight to safety. MSCI’s broadest index of Asia-Pacific shares outside of Japan fell 1.3% after losing 0.9% on...

Read More
Asia stocks

Asia stocks hesitant as bonds boosted by Turkish tumult

Asian stocks turned mixed and bonds bounced on Monday as a plunge in the Turkish lira sparked talk that capital controls might be needed to stem the rout, though the wider fallout was relatively restrained for the moment. The dollar was trading almost 12% higher versus the lira at...

Read More
Asian stock markets

Asian stocks recover on firmer futures, retreat in U.S. yields

Asian stocks recovered from earlier losses on Tuesday, lifted by firmer U.S. equity futures and central bank comments aimed at soothing fears about rising bond yields and inflation. A pullback in U.S. bond yields also buoyed equity markets. Japan’s Nikkeirallied 1.02% on Tuesday afternoon, while MSCI’s broadest index of...

Read More
Nikkei average

Asian Stocks Up, Amid Warnings About Stock Bubbles

Asia Pacific stocks were up Wednesday morning, over receding worries that global shares have rallied too far too fast during the past year. Investors’ focus is now on the U.S.’ $1.9 trillion stimulus package, with hope growing that it will stimulate the global economic recovery from COVID-19. China’s Shanghai...

Read More

Asian shares rise as U.S. stimulus plans offset virus woes

Asian shares rose on Monday as concerns over rising COVID-19 cases and delays in vaccine supplies were eclipsed by expectations of a $1.9 trillion fiscal stimulus plan to help revive the U.S. economy. Global equity markets have scaled record highs in recent days on bets COVID vaccines will start...

Read More

Asian stocks at record highs as Biden inauguration lifts stimulus hopes

Asian stocks rose to new record highs on Thursday, tracking U.S. markets as investors hoped for more economic stimulus from newly inaugurated U.S. President Joe Biden to offset damage wreaked by the COVID-19 pandemic. Republicans in the U.S. Congress have indicated they are willing to work with the new...

Read More

Asian shares hit a record high after Yellen calls for big spending

Asian shares climbed to a record high on Wednesday as U.S. Treasury Secretary nominee Janet Yellen advocated for a hefty fiscal relief package to help the world’s largest economy ride out a pandemic-driven slump. At her confirmation hearing on Tuesday, she said the benefits of a big stimulus package...

Read More

Asia shares pare losses as China GDP pips forecasts

Asian share markets pared early losses on Monday as data confirmed China’s economy had bounced back last quarter as factory output jumped, helping offset recent disappointing news on U.S. consumer spending. Chinese blue chips edged up 0.4% after the economy was reported to have grown 6.5% in the fourth...

Read More