Asian stocks were mixed as traders awaited the Federal Reserve's summer conference for indications on inflation control and interest rate hikes, with investors warned of potential surprises.
Asia-Pacific markets fell on Friday as Japan's core inflation rate dropped to 3.1% and Chinese real estate giant Evergrande filed for bankruptcy protection in a U.S. court.
Summary: U.S. markets end mixed with Nasdaq up over 1% due to the surge in technology stocks, Asian markets show positive gains with Japan's Nikkei 225 rising 1.05%, and European markets are higher as the tech sector gains ahead of the U.S. Federal Reserve's Jackson Hole gathering, while crude oil prices decrease slightly.
The markets were mixed today, with the Dow dropping while the Nasdaq rose slightly, and major indices are down over the past five trading sessions; however, year-to-date, the markets are still up and have retreated to valuations not seen since early July.
Summary: U.S. markets closed mixed on Tuesday as the Nasdaq saw slight gains thanks to tech stocks while financials dragged on other indexes after major U.S. banks were hit with another downgrade from a credit rating agency. Meanwhile, China took steps to stabilize its currency amid weakening economic conditions and deteriorating credit conditions.
Global markets show mixed performance, with Japan, China, Hong Kong, India, and Australia experiencing modest gains, while the US markets closed higher fueled by optimism over a possible pause in interest-rate hikes, as oil prices extend gains and gold prices remain near three-week highs.
Asian stocks are expected to open lower as traders focus on China's economic conditions and European shares fail to provide a strong lead, while oil and bond yields remain relatively high.
Summary: The US markets ended mixed after the release of the latest jobs report data, with the economy adding 187,000 jobs in August but seeing an increase in unemployment, while in Asia, Japan's Nikkei 225 closed higher, Australia's S&P/ASX 200 was down, and China's Shanghai Composite and Shenzhen CSI 300 declined. Additionally, European markets saw declines, and commodities such as crude oil, natural gas, gold, silver, and copper experienced varying price movements.
Asia-Pacific markets were mixed on Thursday as Saudi Arabia and Russia extended voluntary oil production cuts, leading to a rise in oil prices, while Chinese property stocks surged.
Asia-Pacific markets were mostly lower on Thursday, following a sell-off on Wall Street and as investors assess trade data from China and Australia, with Chinese imports and exports falling less than expected.
Global equity markets closed mostly lower, with the exception of India and South Korea, as concerns about inflation and uncertainty around Fed rate actions weighed on investor sentiment. The Japanese Nikkei closed 1.16% lower due to lower-than-expected GDP growth and China's ban on iPhones. Officials at the Hong Kong Exchange halted trading after major flooding from storms. European markets were also lower, and US equity futures indicate a lower open.
Asian markets experienced mixed results, with Australia's S&P/ASX 200 falling and Hong Kong's Hang Seng index dropping by about 1%, while Japan's markets were marginally positive; tech investor Paul Meeks plans to buy tech stocks after the correction, and Federal Reserve officials are feeling less urgency for another interest rate hike due to improved inflation data. Additionally, Apple shares fell amid China concerns but an analyst is holding off on shorting the stock, Morgan Stanley upgraded Tesla stock due to its autonomous driving supercomputer, HSBC revealed its "must see stocks" in the UK, and consumer discretionary stocks gave the S&P 500 an upward push.
Global markets ended higher as energy stocks climbed supported by Saudi Arabia and Russia's decision to extend supply cuts, while Wall Street's key indexes saw weekly declines due to investor concerns over interest rates and anticipation of upcoming U.S. inflation data. In Asian markets, Japan's Nikkei 225 ended down, Australia's S&P/ASX 200 was up, and Chinese shares rose following improved data on consumer price inflation. The Eurozone's economic growth outlook has been downgraded by the European Commission, and crude oil prices fell.
Asian shares open cautiously as central bank meetings, including the Federal Reserve and Bank of Japan, loom; oil prices near 10-month highs and the US dollar remains strong.
Asia-Pacific equity markets closed lower, with the exception of China's Shanghai Composite, as investors eagerly await central bank meetings and keep an eye on the ongoing management of global oil supply. Meanwhile, U.S. equity futures indicate a positive open.
Asia-Pacific markets fell as traders awaited the Reserve Bank of Australia's policy meeting minutes, while European markets were weighed down by a spike in corporate lending rates; meanwhile, Goldman Sachs predicts that the Fed is done hiking this year and the recent increase in oil prices could benefit London's prime office real estate market.
Asian markets open with a decline, primarily driven by chip- and AI-related shares, while concerns about China's economy persist, disrupting the calm ahead of several central bank meetings this week.
U.S. stock markets closed lower amid risk-off sentiment as the Federal Reserve began its two-day monetary policy meeting, while Asian markets, including Japan's Nikkei 225 and Australia's S&P/ASX 200, experienced declines; however, European markets, including Germany's DAX and the U.K.'s FTSE 100, traded higher.
Equity markets in Asia are expected to open lower following a sharp decline in U.S. stocks, with futures in Japan, Hong Kong, and Australia all pointing to declines; meanwhile, India's benchmark stock indices declined for the third consecutive day after the U.S. Federal Open Market Committee (FOMC) kept the interest rate unchanged but signaled the possibility of another rate hike in 2023.
Asia-Pacific markets are mixed as investors await inflation data from Singapore, Australia, and Japan, with Japan's inflation data for the Tokyo region seen as a leading indicator of nationwide trends.
Summary: Asian shares were mostly lower on Monday as concerns over China's property sector, the US government shutdown, and the ongoing strike by American autoworkers weighed on investor sentiment, while Tokyo's market advanced and oil prices edged higher.
Asia-Pacific markets fell ahead of China's industrial data and Australia's inflation figures, while the US experienced a sell-off after disappointing economic data, causing the Dow Jones Industrial Average to fall below its 200-day moving average for the first time since May. Additionally, oil prices continue to rise, putting crude on track for its best quarter in over a year, and Tesla shares dropped after reports of an EU investigation into whether the company and other European carmakers are receiving unfair subsidies for exporting from China.
Stock markets end mixed as investors oscillate between bargain hunting and concerns over increased Treasury yields and interest rate uncertainties, with Asia markets seeing declines driven by worries about U.S. monetary tightening and selling off stocks, while European stocks decline for the sixth day and investors await Germany's inflation data.
Asia-Pacific markets mostly fell due to an increase in Treasury yields and oil prices, leading to a decline in investor sentiment on Wall Street, with Hong Kong's Hang Seng index sliding 1.41% after shares of Evergrande were suspended.
Asia-Pacific stocks opened mixed after China's factory activity in September expanded for the first time since April, while sentiment in Japan's manufacturing sector improved, and US lawmakers reached a temporary agreement to avoid a government shutdown.
Stock markets ended mixed as investors processed the effects of the U.S. inflation report on the Federal Reserve's interest rate policy, with the S&P 500 declining by 0.27% and the Nasdaq Composite gaining 0.14%; in Asian markets, Japan's Nikkei 225 settled lower by 0.31% while Australia's S&P/ASX 200 slid 0.22%; in Europe, the STOXX 600 index was down 0.42% with Germany's DAX declining 0.25%, France's CAC 40 sliding 0.36%, and the U.K.'s FTSE 100 trading lower by 0.45%; and in commodities, Crude Oil WTI and Brent gained 0.82% and 0.89% respectively, while Gold traded lower by 0.88%.
The U.S. stock market ended mixed, with the S&P 500 remaining unchanged, while the Nasdaq saw gains due to Nvidia's shares jumping following Goldman Sachs' endorsement, and global markets experienced losses, including Japan's Nikkei 225, Australia's S&P/ASX 200, and Hong Kong's Hang Seng index.
Equity markets in the Asia-Pacific region saw losses across the board, while European markets are mixed and U.S. equity futures indicate a mixed open; the direction of futures could be subject to the ADP's Employment Change Report, which showed weaker private job growth than expected.
Stock indices finished in positive territory, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all posting gains, while the energy sector experienced losses; meanwhile, the U.S. 10-Year Treasury yield decreased and the Two-Year Treasury yield also saw a decline. The Factory Orders report showed an increase in new purchase orders placed with manufacturers, beating expectations. The ISM Non-Manufacturing Purchasing Managers' Index indicated a slight contraction in the non-manufacturing sector, and the ADP jobs growth data showed a slowdown in job growth and wages. U.S. Futures opened lower following higher-than-anticipated JOLTs jobs opening data. Asian markets ended mixed, while European indices traded in the red.
Asian shares were mostly flat as markets awaited the release of the monthly U.S. payrolls report and the Federal Reserve's decision on interest rates, while stocks in India ended higher led by Larsen & Toubro and ICICI Bank; meanwhile, several Indian companies made significant announcements, including TCS completing an acquisition and merger, Tata Motors reporting retail sales growth, and Bajaj Finance approving a fundraise.
Asia-Pacific markets are expected to have a positive start to the week, with Chinese markets returning from a week-long holiday and investors watching inflation readings and trade data from China and India, as well as a monetary policy decision from Singapore's central bank. In Australia, the S&P/ASX 200 is up after a five-day losing streak, while futures for Hong Kong's Hang Seng index point to a stronger open. However, the outbreak of war between Israel and Palestine has affected stock futures and led to higher oil prices. There is also an increased likelihood of the Federal Reserve raising interest rates by the end of the year, causing utilities stocks to sink as investors find short-term Treasuries more attractive.
U.S. stock markets closed higher on Friday due to strong job creation, leading to discussions about a potential Federal Reserve interest rate hike; Asian markets, including Japan, Australia, and China experienced mixed results; European markets were mostly positive; commodities such as crude oil and gold saw an increase in prices; and U.S. futures and forex showed a decline and mixed results respectively.
U.S. stock markets closed mixed as declining consumer confidence and Middle East tensions overshadowed positive earnings from major banks, while Asian markets saw losses ahead of crucial inflation data, and European markets were mostly down.
Stock markets in the US closed higher, driven by optimism over earnings season, while Treasury yields rose due to concerns over the conflict between Israel and Hamas; Asian markets followed suit, with Japan's Nikkei 225 closing higher and Australia's S&P/ASX 200 recording gains, while European markets saw mixed results; in commodities, crude oil prices were relatively stable, while gold and silver prices increased slightly; and US futures indicated a slight decline.
Stock markets in the US closed mixed on Tuesday, with positive economic data and strong Q3 earnings suggesting a continued tight monetary policy by the Federal Reserve, while Asian markets saw a mix of gains and declines, with Japan's Nikkei 225 and Australia's S&P/ASX 200 closing higher, and China's Shanghai Composite and Shenzhen CSI 300 declining; European markets also saw declines, and commodities such as crude oil, gold, and silver saw gains.
Asian stock markets fell on Friday, following the lead of U.S. markets, as bond yields increased and Federal Reserve Chairman Jerome Powell's remarks weighed on equities; South Korea's KOSPI Composite Index and Hong Kong’s Hang Seng Index were among the top losers, while Japanese inflation data showed price rises easing but still above the Bank of Japan's target rate of 2%.
U.S. stock markets closed in the red due to concerns over interest rate increases and the Israel-Hamas conflict, while Asian markets also experienced declines, with Japan's Nikkei 225, Australia's S&P/ASX 200, and China's Shanghai Composite all closing lower.
Most Asian stocks continue to decline due to weak business activity in Japan and Australia, although Chinese markets rebounded as a state-run fund started buying equities; sentiment remains weak due to concerns over the Israel-Hamas war.
Asian equities are expected to have a mixed open following solid earnings from big tech stocks on Wall Street, with US share futures advancing and the Nasdaq 100 gaining in the Asian session after falling on Thursday.
Asian stocks were mixed as U.S. shares slumped due to poor corporate earnings, with Australian, South Korean, and Japanese shares falling while equity futures in China and Hong Kong rose; Indian benchmark stock indices declined and uncertainty from the Israel-Hamas conflict weighed on markets.
