Asian stock markets sank on Wednesday, tracking overnight losses on Wall Street as investors awaited an interest rate hike and more hawkish signals from the Federal Reserve. Hong Kong’s technology-heavy Hang Seng index continued to lag its peers, falling 1.5%, while Japan’s Nikkei 225 index lost 1.3%. The day’s losses also negated a soft rebound […]
Tag: Asian Stocks
Asian Stocks Up Steadies as Omicron Virulence Concerns Fade
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 […]
Asian Stocks Up, Reassuring Fed Comments Calm Investor Nerves
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 […]
Asian Stocks Up Over Growing Expectations of Lower Interest Rates
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 […]