By Administrator_India Capital Sands Asia Pacific stocks were mostly up on Friday morning, steadying after U.S. counterparts hit a record high as concerns about the omicron COVID-19 variant’s impact on the global economic recovery continue to ebb. Japan’s Nikkei 225 was steady at 28,798.37 by 9:06 PM ET (2:06 AM GMT), with data released earlier in the […]
By Administrator_India Capital Sands Global stock markets grappled with contagion fears on Tuesday, sparked by troubles at China Evergrande as growing risks the property giant could default on its massive debt pile prompted investors to flee riskier assets. Asian markets were jittery in volumes thinned by public holidays in China, Taiwan and South Korea. The Hang […]
By Administrator_India Capital Sands Asia Pacific stocks were mostly down on Wednesday morning, following the downward trend set by their U.S. counterparts. A crackdown in China from earlier in the week continues to have a ripple effect, while the latest U.S. megacap technology earnings were mixed. Japan’s Nikkei 225 fell 1.16% by 10:39 PM ET (2:39 AM […]
By Administrator_India Capital Sands Asian shares slipped to a one-week low on Monday and perceived safe haven assets, including the yen and gold, edged higher amid fears of rising inflation and a surge in coronavirus cases, while oil prices fell on oversupply worries. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 1.1% for a […]
By Administrator_India Capital Sands Asia Pacific stocks were mostly up Wednesday morning, with reassuring comments from U.S. Federal Reserve officials on inflation and monetary policy starting to calm investors’ frayed nerves. Japan’s Nikkei 225 edged up 0.16% by 10:11 PM ET (2:11 AM GMT), with the Bank of Japan released the minutes from its own monetary policy meeting earlier […]
By Administrator_India Capital Sands Asian shares edged up to near three-month highs on Wednesday and global equities held steady near a record as data showing higher U.S. manufacturing activity in May cheered investors looking for signs of a continued rebound in the world’s largest economy. U.S. manufacturing activity rose in May, the Institute for Supply […]
By Administrator_India Capital Sands Asian shares climbed in morning trade on Tuesday, tracking a Wall Street rally overnight, while the dollar held near a fourth-month low as investors tempered fears about inflation-driven rate hikes. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1% at a two-week high, after U.S. stocks ended the previous […]
By Administrator_India Capital Sands Asian shares faced a third day of losses on Thursday after a shocking rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening. “Higher inflation is a definite negative for equities, given the likely rates response,” said […]
By Administrator_India Capital Sands Asia Pacific stocks were up Monday morning over mounting expectations that interest rates will remain low, thanks to inflationary pressure. Meanwhile, a cyber-attack on a U.S. pipeline operator caused oil and gas prices to jump. Japan’s Nikkei 225 gained 0.80% by 10:49 PM ET (2:49 AM GMT) and South Korea’s KOSPI jumped 1.37%. In Australia, the ASX 200 rose […]
By Administrator_India Capital Sands A key gauge of Asian shares rose on Friday, supported by gains in China and a decision by the European Central Bank to maintain stimulus, while investors largely shrugged off the impact of a possible U.S. capital gains tax hike. Modestly firmer equity markets contrasted with ructions in cryptocurrencies as investors […]