Asia Pacific stocks were mostly up on Wednesday morning after their biggest decline in two months. Investors continued to digest U.S. earnings reports, COVID-19 virus variants, and hurdles to more U.S. Stimulus measures. By 10:36 PM ET (3:36 AM GMT), Australia’s ASX 200 fell 0.78% after returning from a holiday. Earlier today, the most recent …
Asian Stocks Up, U.S. Stimulus and Fed Policy Decision Eyed Read More »
Asian stocks were low on Tuesday, declining from record highs, over worries about the Biden administration’s $1.9 trillion stimuli. Concerns about potential roadblocks to the stimulus weighed on sentiment, dragging U.S. Treasury yields to three-weeks lows. Supporting the dollar against a basket of currencies was the lower risk appetite, while oil prices lowered. Red was …
Asian shares were mostly up, Monday morning, but the worsening pandemic and prospects for U.S. stimulus measures remain. The virus surge remains in investor’s minds, and it continues to challenge global economic recovery. By 9:24 PM ET (2:24 AM GMT), the Hang Seng Index of Hong Kong rose 1.43%. The city’s first-ever lockdown was lifted …
Asian Stocks Rise, But Rising COVID-19 Cases Worry Markets Read More »
Asia Pacific stocks were mostly down, retreating from Thursday’s rally on Friday morning. Investors digested expectations on earnings and the increased U.S. fiscal spending promised by U.S. President Joe Biden. They were hoping these could spur economic recovery. By 9:52 PM ET (2:52 AM GMT) Japan’s Nikkei 225 fell 0.37%. Data released earlier showed that …
Asia Stocks Down on Earnings Expectations & Biden’s Promise Read More »
Asia Pacific stocks were mostly up Wednesday morning, following modest gains in U.S. shares over U.S. stimulus hopes. U.S. stocks were up on hopes for more, and bigger, U.S. stimulus measures. This is to combat the economic impact of the pandemic. By 10:16 PM ET (3:16 AM GMT), China’s Shanghai Composite was up 0.29%. The …
Asian Stocks go Up, Following Modest Gains in U.S. Shares Read More »
Asia Pacific stocks were mixed on Monday morning, following U.S. shares losses during the previous session. This was over a lack of investor risk appetite. Besides, China released crucial data on its economic recovery process. By 9:44 PM ET (2:44 AM GMT), China’s Shanghai Composite gained 0.32%. Moreover, the Shenzhen Component climbed 0.71%. Earlier in …
Asian Stocks Mixed, Chinese Stocks Rise, Economic Expansion Read More »
Asia Pacific stocks were mixed on Friday morning, with U.S. President-elect Joe Biden’s announcement of his mega stimulus plan. By 9:21 PM ET (2:21 AM GMT) Japan’s Nikkei 225 dropped 0.27%. South Korea’s KOSPI declined 1.84%. Moreover, Australia’s S&P/ASX 200 rose 0.25%. Hong Kong’s Hang Seng Index added 0.05%. In China, Shanghai Composite climbed 0.59%, …
Asian Stocks Mixed, amid $1.9 Trillion American Rescue Plan Read More »
Japanese stocks ended higher, Tuesday, with gains in the Railway & Bus, Paper & Pulp, and Real Estate sectors leading shares higher. The Nikkei 225 gained 0.09% to hit a new 5-year high at the close in Tokyo. Moreover, the outperformers of the Nikkei 225 were Tokyo Electric Power Co., Inc. (T:9501). They were up …
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