DXY US Dollar Currency Index
Asia markets mostly fall as investors assess Nvidia results, Adani charges
CNBC Pro: HSBC names 3 ‘underappreciated’ Asian stocks to watch in 2025 — giving one 63% upside potential Asian markets will look “very different” in 2025 in light of China’s new policy measures, the slowing Indian economy and Southeast Asian countries’ investments into new infrastructure, according to HSBC. Still, several stocks can “benefit from these […]
Read MoreEuro-dollar parity is back in focus as Trump win sparks trade jitters
The prospect of the U.S. introducing a swathe of new tariffs under President-elect Donald Trump has led economists to say the euro could return to parity with the U.S. dollar in their 2025 outlooks. Since Trump’s decisive victory in the Nov. 5 election, which also handed the Republican party control of both houses of Congress, […]
Read MoreAsia markets open mostly higher as investors assess Japan trade data, await China lending rates
The People’s Bank of China (PBOC) building in Beijing, China, on Friday, Nov. 8, 2024. Bloomberg | Getty Images Asia-Pacific markets opened mostly higher Wednesday, following a mixed day on Wall Street amid mounting geopolitical tensions between Ukraine and Russia. Investors assessed October trade data out of Japan. Export growth came in at 3.1% year […]
Read MoreGlobal equity returns are disappearing as U.S. stock market rockets higher
The U.S. stock market has been having a party for most of November, but it hasn’t invited the rest of the world to join the fun. As the market turned mixed following early losses Tuesday, the S & P 500 and other major averages have posted solid gains during the month. The large-cap benchmark is […]
Read MoreAsia markets poised to open mixed as investors await China LPR, Japan inflation data this week
View of the central business district skyline at sunset in Beijing, China. Sheng Peng | Visual China Group | Getty Images Asia-Pacific stocks were set to open mixed Monday as markets kickstart what ING calls a “quiet” week for economic data from the region. Key data this week from the region will include China’s loan […]
Read MorePostelection stock market thrust unable to be sustained as rate and valuation worries creep back in
First the reflex, then the rethink. The fast-twitch rush for risk that jolted markets following the decisive election result and excitement over potential growth-stoking policies gave way last week to a modest retrenchment and reassessment as some tradeoffs and unknowns encroach. The list of assets that went vertical on a geyser of speculative juices in […]
Read MoreAsia markets mixed as investors assess China economic data and Japan GDP after Wall Street falls
A view of the night scenery in Shanghai, China S3studio | Getty Images Entertainment | Getty Images Asia markets were mixed Friday as Wall Street fell after U.S. Federal Reserve Chair Jerome Powell indicated the central bank was in no rush to cut rates, with investors also assessing China and Japan economic data. Speaking in […]
Read MoreIndia’s central bank chief warns growing risk of global inflation returning
Shaktikanta Das, governor of the Reserve Bank of India (RBI), during an event at the Peterson Institute of Economics (PIIE) during the annual meetings of the International Monetary Fund (IMF) and World Bank in Washington, DC, US, on Friday, Oct. 25, 2024. Bloomberg | Bloomberg | Getty Images Central banks have managed to engineer a […]
Read MoreAsia-Pacific markets mixed after U.S. inflation report fuels Fed rate cut expectations
A Sydney ferry passes the Opera House and skyline of the central business district area on May 12, 2020 in Sydney, Australia. James D. Morgan | Getty Images Asia-Pacific markets traded mixed on Thursday after the U.S. October consumer price index reading fueled expectations for the Fed to cuts rates again in December. The CPI […]
Read MoreAsia-Pacific markets to open lower after Wall Street postelection rally fizzles
The momentum in Japan markets were largely driven by the country’s technology and financial sector. Doctoregg | Moment | Getty Images Asia-Pacific stock markets were set to open lower Wednesday, tracking losses on Wall Street as the U.S. postelection rally stalled overnight. Asian traders will assess Japanese corporate goods data, set for release later in […]
Read More