Global shares bounced on Tuesday, led by technology names across the region and as Chinese markets clawed back ground lost after disappointing economic data, while the improved investor confidence weighed on the safe-haven dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 1.05%. It is up about 6%...
Global markets are fixated on the timing of tapering of QE by central banks, particularly the Fed,” said analysts at ANZ in a note. “That’s unsurprising, given the support that the extra liquidity has provided to equities and assets more generally,” they added. “The latest guidance from senior FOMC...
Global shares retreated from recent highs on Wednesday, as Asian markets grew jittery about a resurgence of COVID-19 cases and Western markets awaited Friday’s U.S. jobs report and what it might mean for monetary policy. Asset markets have been buoyed over the past year by trillions of dollars in...
The MSCI world equity index gained 0.55%. In Europe, the stoxx 600 gained 0.87%, ending near an all-time high set earlier this month after news that German business morale hit its highest in 2-1/2 years. Britain’s FTSE 100 share index rose 0.51% after the Bank of England kept the...
Global shares extended their recovery on Tuesday from four week lows, as investors focused on prospects for post-pandemic economic growth, rather than fret more over the hawkish stance taken by the U.S. Federal Reserve at a policy meeting last week. European stocks looked set to build on gains in...