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Japan outshines Asian Stocks On Tech Strength, Chinese Markets Lag

Japanese stocks moved back towards a 33-year high on Friday, outpacing their Asian peers amid increased optimism over chipmaking stocks, while Chinese markets lagged as investors fretted over slowing economic growth and worsening U.S. ties. Broader Asian stocks also ticked lower in anticipation of more cues on the U.S. debt ceiling and a potential default. […]

Posted on May 26, 2023 Author Administrator_India Comment(0)
Asia FX
Asia

Asia FX Edges Higher, Korean Won Surges Even As BOK Holds

Most Asian currencies rose on Thursday, recovering a measure of recent losses as the dollar saw some profit taking, with the won appreciating sharply even as the Bank of Korea held interest rates after 18 months of hikes. The South Korean won rose 0.6% and was the best-performing Asian currency for the day, even as […]

Posted on February 23, 2023 Author Administrator_India Comment(0)
Asian stocks
Asia

Asian Stocks Hit By Tech Rout, More Fed Cues Awaited

Most Asian stock markets sank on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as caution kicked in ahead of the minutes of the Federal Reserve’s February meeting. Japan’s Nikkei 225, the Taiwan Weighted index, and South Korea’s KOSPI were the worst performers for the day, losing between 0.8% and […]

Posted on February 22, 2023 Author Administrator_India Comment(0)
Asian stocks muted
Asia

Asian Stocks Muted Amid Fed Fears, China Buoyed By Stimulus Hopes

Most Asian stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events this week, while Chinese stocks rose sharply on the prospect of more stimulus spending by the government. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose around 1% each […]

Posted on February 20, 2023 Author Administrator_India Comment(0)
Asia FX
Asia

Asia FX Rallies, Dollar Tumbles As Markets Bet on Fed Pivot

Most Asian currencies rose sharply on Thursday, while the dollar sank to a nine-month low even after the Federal Reserve hiked interest rates, with markets betting that a U.S. economic slowdown will force the bank into reversing its hawkish stance this year. The Chinese yuan rose 0.4% and came close to a seven-month high against […]

Posted on February 2, 2023 Author Administrator_India Comment(0)
Asia FX
Asia

Asia FX Treads Water As Fed Meeting Looms, Dollar Inches Higher

Most Asian currencies moved little on Wednesday in anticipation of a Federal Reserve meeting, while the dollar crept higher as markets positioned for an interest rate hike and a potentially hawkish message from the central bank. The dollar firmed slightly against a basket of currencies, with the dollar index and dollar index futures advancing about […]

Posted on February 1, 2023 Author Administrator_India Comment(0)
Asia FX muted
Asia

Asia FX Muted, Dollar Steadies As Fed Meeting Looms

Most Asian currencies moved little on Tuesday, while the dollar retained recent gains as caution kicked in ahead of a Federal Reserve meeting this week, with any signals on U.S. monetary policy squarely in focus. But most Asian units were set for strong gains in January amid expectations that the Fed will slow its pace […]

Posted on January 31, 2023 Author Administrator_India Comment(0)
Asian Stocks
Asia

Asian Stocks Sink As Fed Week Begins, China Reopens Strong

Most Asian stock markets sank on Monday as caution kicked in ahead of a Federal Reserve meeting and key economic data this week, while Chinese shares rose sharply as they resumed trade after a week-long holiday. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes rose 1.2% and 0.7%, respectively, with markets betting that the […]

Posted on January 30, 2023 Author Administrator_India Comment(0)
Japan Extends
Asia

Japan Extends Long Trade Deficit Run, Slow Chinese Demand Stokes Worry

Japan logged a trade deficit for a 16th straight month in November as imports surged to a record level, while subdued growth in exports to China fanned concern about how COVID disruptions there could impact other economies. The trade deficit came in at 2 trillion yen ($14.8 billion) – the fourth month in a row […]

Posted on December 15, 2022 Author Administrator_India Comment(0)
Asia FX
Asia

Asia FX Mixed as Fed Caution offsets Optimism Over Slowing Inflation

Most Asian currencies kept to a tight range on Wednesday in anticipation of an interest rate hike and more cues on monetary policy from the Federal Reserve, although sentiment was somewhat lifted by softer-than-expected U.S. inflation data. Most regional units rose on Tuesday after data showed U.S. consumer price index (CPI) inflation eased more than […]

Posted on December 14, 2022 Author Administrator_India Comment(0)

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Recent Posts

  • Economic Development In Asia Still Faces Many Challenges, China Minister Says
  • Japan outshines Asian Stocks On Tech Strength, Chinese Markets Lag
  • Asian Stocks Drop Amid Default Fears, Nvidia Boosts Chipmaking Shares
  • South Korea Asks US to Review China Rule For Chip Subsidies
  • Crypto verse: Busy Bitcoin Births New Breed of Crypto

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