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.
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 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.
European markets are expected to have a mixed open as investors await the European Central Bank's rate decision, while US inflation data leads to slightly lower stock market closures.
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.
The U.S. stock markets closed in the red as the Federal Reserve kept the federal funds rate unchanged, leading to losses in sectors such as communication services and information technology, while Asian stocks fell due to concerns over higher U.S. interest rates.
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.
European markets are set for a mixed open as investors weigh inflation, interest rates, and global economic health, while Asian markets and US stock futures experienced mixed results.
Stocks closed mixed on Wednesday, with the S&P 500 barely in the green, as investors continue to digest the implications of the Federal Reserve's higher for longer stance on interest rates. The Dow Jones Industrial Average dropped 0.2% and the Nasdaq Composite gained 0.2%. Meanwhile, oil prices hit fresh 2023 highs, and the possibility of a US government shutdown remains a concern.
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.
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.
Asian markets are expected to open higher following a rebound in risk sentiment driven by comments from Fed officials suggesting a possible pause in rate hikes, resulting in gold and oil prices rising, the dollar weakening, and Wall Street recovering from losses.
European markets are set to open higher despite the ongoing conflict between Israel and Hamas, while Asia-Pacific markets and U.S. stock futures also showed positive movement.
Equity markets in Asia are expected to open higher after US shares extended their winning streak and investors focused on less hawkish comments from Federal Reserve speakers.
The U.S. stock markets closed in the red due to rising bond yields and higher-than-expected inflation, while Asian markets also experienced declines amid concerns of prolonged higher interest rates.
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.
Asian markets are expected to open higher as investors focus on U.S. economic and corporate factors, despite rising geopolitical tensions in the Middle East.
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%.
