Tag Archives: Asian

Asian shares Wall street cheap cash Sino-US tensionAsian Asian stocks mixed bag global recovery circumspect economic data

Asian shares slip from two-year top as economic strains pile up

08 August, 2020 9:50 am 9:50 am

SINGAPORE/WASHINGTON (Reuters) – Asian stocks eased from a two-year high on Wednesday, as a mixed bag of economic data had investors a touch more circumspect about the global recovery, while oil jumped to a five-month peak owing to a hurricane disrupting output in the Gulf of Mexico. MSCI’s broadest index of Asia-Pacific shares outside Japan … Read More

Asian Asian shares asian stocks wall street cracks records

Asian stocks at seven-month highs after Wall Street cracks more records

08 August, 2020 9:00 am 9:00 am

SYDNEY (Reuters) – Asian shares climbed to a seven-month peak on Wednesday tracking the S&P 500, which scaled all-time highs driven by ever expanding policy stimulus aimed at cushioning the blow to economies from the coronavirus pandemic. MSCI’s broadest index of Asia-Pacific shares outside of Japan rose 0.3%, up for a third straight day to … Read More

euro gold embattled dollar Asian 21-month peak

Euro, gold on a high as the dollar breaks down

07 July, 2020 8:20 am 8:20 am

SYDNEY (Reuters) – Financial markets greeted Friday with a number of milestones as the euro celebrated a 21-month peak against an embattled dollar, while Asian equities paused short of a six-month top and gold neared its highest on record. For once, currencies have dominated trading as a deal on a European Union recovery plan shot … Read More

Asian investors stimulus vaccine count on fund recovery

Asian shares extend gains as investors count on stimulus, vaccines

07 July, 2020 9:40 am 9:40 am

TOKYO/NEW YORK (Reuters) – Asian shares advanced on Tuesday as prospects of a deal by European Union leaders to jointly fund recovery of their economies and hopes for a coronavirus vaccine lifted risk appetite. Japan’s Nikkei rose 0.6% while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 1.5% to edge near its four-month peak … Read More

Asian stocks virus china stock rally Asian

Asian stocks fall on virus worry, China stock rally pauses

07 July, 2020 8:20 am 8:20 am

TOKYO/NEW YORK (Reuters) – Asian shares and US stock futures fell on Friday as record-breaking new coronavirus cases in several US states stoked concerns that new lockdowns could derail an economic recovery, while investors looked forward to earnings season. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS fell 0.76%. Australian stocks dropped 0.42%, while … Read More

Asian stocks set to follow US jobs rally, China in focus

07 July, 2020 12:03 pm 12:03 pm

NEW YORK (Reuters) – Asian stocks were likely to track a firmer Wall Street session on Friday after strong US jobs data although growing Sino-US tensions and a worrying surge in coronavirus cases is likely to cap gains. Japan’s Nikkei 225 futures JNIc1 rose 0.45% and Australia’s S&P/ASX 200 futures YAPcm1 climbed 0.58%. E-mini futures … Read More

Asian inch inch higher data drives

Asian shares inch higher as data drives rebound hopes

07 July, 2020 10:15 am 10:15 am

(Reuters) – Asian stocks struggled for headway on Wednesday as the second half of the year got underway, with improving economic data offset by worries that surging coronavirus cases in the United States could derail the world’s recovery before it properly begins. Following firm US housing data and signs of a rebound in Europe’s economy, … Read More

Asian Asian stocks US-China trade deal

Asian stocks swing wildly on US-China trade deal mix-up

06 June, 2020 8:49 am 8:49 am

SYDNEY (Reuters) – Asian shares see-sawed in a wild ride on Tuesday following confusing statements from the White House over the US-China trade deal, with President Donald Trump later clarifying the pact was “fully intact.” Trump’s tweet bolstered market sentiment, helping e-minis for the S&P 500 Esc1 swing back to positive territory. Asian shares were … Read More

Asian oil gold gold jump

Asia shares follow S&P 500 higher, oil and gold jump

05 May, 2020 9:19 am 9:19 am

SYDNEY (Reuters) – Asian shares were led higher by S&P 500 futures on Monday and oil prices hit a five-week peak as countries’ efforts to re-open their economies stirred hopes the world was nearer to emerging from recession. Summer weather is enticing much of the world to emerge from coronavirus lockdowns as centres of the … Read More

Asian Asian stocks second coronavirus Chinese city pandemic growing worries

Asian stocks stumble on fears of second coronavirus wave, oil up

05 May, 2020 9:07 am 9:07 am

SYDNEY (Reuters) – Asian shares skidded on Tuesday on growing worries about a second wave of coronavirus infections after the Chinese city where the pandemic originated reported its first new cases since its lockdown was lifted. The central Chinese city of Wuhan reported five new cases on Monday, casting doubts over efforts to lower coronavirus-related … Read More

Asian Asian shares lockdowns business

Asian shares push higher as more countries ease lockdowns

05 May, 2020 8:51 am 8:51 am

SYDNEY (Reuters) – Asian shares followed Wall Street higher on Monday as investors looked ahead to more countries restarting their economies, even as some reported an unwelcome pick up in new coronavirus cases. South Korea warned of a second wave of the new coronavirus as infections rebounded to a one-month high, while new infections accelerated … Read More

Asia shares extend gains as economies slowly re-open, oil rallies

04 April, 2020 8:47 am 8:47 am

SYDNEY/NEW YORK (Reuters) – Asian shares rose for a third session on the trot on Wednesday as investors took heart from easing coronavirus lockdowns in some parts of the world while oil prices jumped on hopes demand will pick up. Risk assets including equities have rallied for most of this month thanks to heavy doses … Read More

Asian Asian share US US crude asian shares market economic data virus lockdown

Asia shares turn quietly cautious, US crude crushed

04 April, 2020 9:36 am 9:36 am

SYDNEY (Reuters) – Caution gripped Asian share markets on Monday on expectations a busy week of corporate earnings reports and economic data will drive home the damage done by the global virus lockdown, while a glut of supply sent US crude spiraling to 20-year lows. Japan reported its exports fell almost 12% in March from … Read More

COVID-19 pandemic COVID-19 pandemic Asian Asian stocks stimulus production cut expectations governments

Asian stocks gain on hopes pandemic is approaching peak

04 April, 2020 9:55 am 9:55 am

TOKYO/WASHINGTON (Reuters) – Asian shares rose on Thursday on hopes the COVID-19 pandemic is nearing a peak and that governments would roll out more stimulus measures, while expectations of an oil production cut agreement bolstered crude prices. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.6%, following a strong Wall Street close. Shares … Read More

Trump Asian-Americans virus protections spreading disease Americans Asian

Trump: Asian-Americans not responsible for virus, need protection

03 March, 2020 8:25 am 8:25 am

WASHINGTON (Reuters) – US President Donald Trump, who has been accused of racism in labelling the coronavirus pandemic the “Chinese virus,” said in tweets on Monday that Asian-Americans were not responsible for spreading the disease and needed to be protected. Earlier on Monday, the New York Times cited advocacy groups and researchers as saying there … Read More