British Pound: USD/GBP (GBP=X) rebounded after British lawmakers seized control of the parliamentary timetable to try to block a no-deal Brexit

British Pound: USD/GBP (GBP=X) rebounded after British lawmakers seized control of the parliamentary timetable to try to block a no-deal Brexit

Sterling rebounded today after British lawmakers seized control of the parliamentary timetable to try to block a no-deal Brexit. The gain, which followed the pound slumping to a three-year low yesterday, is likely to precede more big price swings in the currency as the battle over Brexit enters another crucial phase. Lawmakers who defeated Prime […]

Australia: S&P/ASX 200 (ASX:.AXJO) expected to edge lower

Australia: S&P/ASX 200 (ASX:.AXJO) expected to edge lower

The Australian share market looks set to start the week on a subdued note. According to the latest SPI futures, the ASX 200 index is poised to open the day 5 points or 0.1% lower this morning. On Wall Street the Dow Jones rose 0.15% higher, the S&P 500 index rose 0.05%, and the Nasdaq […]

Nikkei, Hong Kong: (HSI:.HSI) slip as Mnuchin gives mixed signals in interview

Nikkei, Hong Kong: (HSI:.HSI) slip as Mnuchin gives mixed signals in interview

Asian markets retreated in early trading Thursday, as geopolitical tensions and the inverted U.S. Treasury yield curve weighed on investors concerned about a global economic slowdown. U.S. Treasury Secretary Steve Mnuchin that he expects Chinese officials to travel to Washington for renewed trade negotiations, but did not give a timeline, Bloomberg News reported. He did […]

Australia: S&P/ASX 200 (ASX:.AXJO) expected to rise

Australia: S&P/ASX 200 (ASX:.AXJO) expected to rise

The Australian share market looks set to end the week with a bang after Chinese officials said they don’t want to escalate the trade war. According to the latest SPI futures, the ASX 200 index is poised to open the day 47 points or 0.7% higher this morning. On Wall Street the Dow Jones raced […]

Singapore: STI Index (.STI) falls on telecom, consumer stocks

Singapore: STI Index (.STI) falls on telecom, consumer stocks

Singapore: STI Index (.STI) falls on telecom, consumer stocks Philippine stocks rose over 1% on Wednesday, recovering from the previous session’s sharp fall on hopes of positive news from President Rodrigo Duterte’s visit to China, while other Southeast Asian markets were tepid amid lingering trade war worries. The benchmark Manila stock index closed 1.3% higher, […]

China stocks down amid trade uncertainty; Hong Kong: (HSI:.HSI) inches up

China stocks down amid trade uncertainty;  Hong Kong: (HSI:.HSI) inches up

China stocks down amid trade uncertainty; Hong Kong: (HSI:.HSI) inches up Chinese stocks fell on Wednesday morning amid lingering uncertainty around the Sino-U.S. trade war, as the positive impact from MSCI’s latest phase of China stock inclusion fades. The CSI300 index fell 0.4% to 3,800.04 at the end of the morning session, while the Shanghai […]

Australia: S&P/ASX 200 (ASX:.AXJO) posts gains as tech stocks shine

Australia: S&P/ASX 200 (ASX:.AXJO) posts gains as tech stocks shine

Australia: S&P/ASX 200 (ASX:.AXJO) posts gains as tech stocks shine The Australian share market has climbed modestly for a second day, buoyed by the tech sector, while the Aussie dollar has hit a 10-year low against its US counterpart. The benchmark S&P/ASX200 index finished Wednesday up 29.4 points, or 0.45 per cent, to 6,500.6 points, […]

Hong Kong: Hang Seng Index (.HSI) face their worst slumps in operating income since the 2008

Hong Kong: Hang Seng Index (.HSI) face their worst slumps in operating income since the 2008

Hong Kong: Hang Seng Index (.HSI) face their worst slumps in operating income since the 2008 Hong Kong stocks are poised for their worst quarter since 2015 and corporate earnings are unlikely to save them. After a sell-off erased more than US$600 billion from the city’s equities, attractive valuations stood as a potential bright spot. […]

Hong Kong: Hang Seng Index (.HSI) higher even as investors grappled with lingering worries over global growth

Hong Kong: Hang Seng Index (.HSI) higher even as investors grappled with lingering worries over global growth

Hong Kong: Hang Seng Index (.HSI) higher even as investors grappled with lingering worries over global growth Hong Kong shares edged up on Wednesday, even as investors grappled with lingering worries over global growth and political uncertainty in parts of Asia and Europe. The Hang Seng Index added 0.2% to 26,270.04 after trading in a […]

Australia: S&P/ASX 200 (ASX:.AXJO) turned skittish ahead of a key meeting of central bankers

Australia: S&P/ASX 200 (ASX:.AXJO) turned skittish ahead of a key meeting of central bankers

Australia: S&P/ASX 200 (ASX:.AXJO) turned skittish ahead of a key meeting of central bankers The Australian share market has given up most of its gains from Tuesday, as markets around the world turned skittish ahead of a key meeting of central bankers. The benchmark S&P/ASX200 index finished Wednesday down 61.7 points, or 0.94 per cent, […]

Hong Kong: Hang Seng Index (.HSI) returning to negative territory

Hong Kong: Hang Seng Index (.HSI) returning to negative territory

Hong Kong: Hang Seng Index (.HSI) returning to negative territory Stocks in Asia were mixed on Tuesday, as the People’s Bank of China published its new loan prime rates which would result in cheaper borrowing costs for companies. Mainland Chinese stocks were mixed on the day, with the Shanghai compositeshedding earlier as it slipped 0.11% to about 2,880.00. […]

Australia: S&P/ASX 200 (ASX:.AXJO) good support for the market across the board

Australia: S&P/ASX 200 (ASX:.AXJO) good support for the market across the board

Australia: S&P/ASX 200 (ASX:.AXJO) good support for the market across the board The Australian share market has enjoyed strong gains for a second straight day, with every sector advancing. The benchmark S&P/ASX200 index finished Tuesday up 77.6 points, or 1.2 per cent, to 6,545 points, while the broader All Ordinaries was up 76.9 points, or […]

Australia: S&P/ASX 200 (ASX:.AXJO) solid start to the week to continue

Australia: S&P/ASX 200 (ASX:.AXJO) solid start to the week to continue

Australia: S&P/ASX 200 (ASX:.AXJO) solid start to the week to continue The Australian share market has rallied to recoup some of last week’s stinging losses as global recession fears ease. The benchmark S&P/ASX200 index finished Monday up 61.9 points, or 0.97 per cent, to 6,467.4 points, while the broader All Ordinaries was up 64.6 points, […]

Hong Kong: Hang Seng Index (.HSI) several developments drove optimism

Hong Kong: Hang Seng Index (.HSI) several developments drove optimism

Hong Kong: Hang Seng Index (.HSI) several developments drove optimism Hong Kong and Chinese stocks are rallying on Monday after China revealed measures to protect and boost its economy. Hong Kong’s Hang Seng Index (HSI) ended up 2.2%, the biggest daily percentage gain in two months. China’s Shanghai Composite Index (SHCOMP) closed 2.1% higher, also […]

Australian Treasurer Issues Financial Sector’s Reform Timetable

Australian Treasurer Issues Financial Sector’s Reform Timetable

Treasurer Josh Frydenberg has issued a timetable for the government’s dealing with the recommendations from the royal commission into banking, superannuation and financial services, which aims to have all measures needing legislation introduced by the end of next year. The opposition has accused the government of dragging its feet on putting into effect the results […]

Australia: S&P/ASX 200 (ASX:.AXJO) shares are looking to open higher

Australia: S&P/ASX 200 (ASX:.AXJO) shares are looking to open higher

Australia: S&P/ASX 200 (ASX:.AXJO) shares are looking to open higher Following that positive global lead, ASX 200 futures jumped 41 points, or 0.6%, on Friday night pointing to a positive start to trade for the ASX later this morning. Eurozone shares and the US S&P 500 both jumped 1.4% on Friday on the back of […]

Australia: S&P/ASX 200 (ASX:.AXJO) market lost $60 billion in value, completing the wipeout of all the gains it made over the past two months

Australia: S&P/ASX 200 (ASX:.AXJO) market lost $60 billion in value, completing the wipeout of all the gains it made over the past two months

Australia: S&P/ASX 200 (ASX:.AXJO) market lost $60 billion in value, completing the wipeout of all the gains it made over the past two months The benchmark ASX 200 index closed 2.9 per cent lower at 6,408, a stunning retreat from its record high reached on July 30. It was the worst one-day fall for the benchmark […]

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks

Hong Kong: Hang Seng Index (.HSI) lifted by property related stocks Shares in Asia were mixed Thursday afternoon as the main yield curve in U.S. Treasurys inverted, triggering fears over the state of the U.S. economy. In mainland China, stocks rose on the day following an earlier slip. The Shanghai composite gained 0.25% to 2,815.80, […]

Australia: S&P/ASX 200 (ASX:.AXJO) pointing to a fall of 113 points

Australia: S&P/ASX 200 (ASX:.AXJO) pointing to a fall of 113 points

Australia: S&P/ASX 200 (ASX:.AXJO) pointing to a fall of 113 points Wall Street stumbled on Wednesday as investors fled equities for safe-haven assets, seeking shelter amid gathering signs that a recession could be on the horizon. All three major US indexes were sharply lower as short- and long-dated Treasury yields inverted for the first time […]

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession

Hong Kong: Hang Seng Index (.HSI) trimmed gains as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession Hong Kong stocks trimmed early gains to end slightly firmer on Wednesday, as bleak China economic data overshadowed U.S. President Donald Trump’s trade concession, while protests continued to roil the island city. The Hang Seng […]

Australia: S&P/ASX 200 (ASX:.AXJO) on track for a strong open

Australia: S&P/ASX 200 (ASX:.AXJO) on track for a strong open

Australia: S&P/ASX 200 (ASX:.AXJO) on track for a strong open Shares in New York surged, paced by Apple, as the US said it would delay imposing tariffs on some Chinese products. That bolstered risk sentiment and puts the ASX on track for a strong open. ASX futures were up 32 points or 0.5% to 6524 […]

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears

Hong Kong: Hang Seng Index (.HSI) protests spark capital outflow fears Apprehension over capital outflows triggered by escalating political unrest has driven Hong Kong’s stock market to its lowest this year and pressured its currency, with analysts warning of more weakness. The Hang Seng Index .HSI fell 2.1% to 25,281.30 points on Tuesday, down 16% from the […]

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week

Hong Kong: Hang Seng Index (.HSI) looks set to be cautious after a battering last week Market sentiment looks set to be cautious on Monday after a battering last week, following China’s yuan breaching the psychological threshold of 7 against the US dollar, escalating the US-China trade war.On Friday, Chen Yuan, a former deputy governor […]

Australia: S&P/ASX 200 (ASX:.AXJO) spent most of the day in red, then jumped 12 points on close to be higher

Australia: S&P/ASX 200 (ASX:.AXJO) spent most of the day in red, then jumped 12 points on close to be higher

Australia: S&P/ASX 200 (ASX:.AXJO) spent most of the day in red, then jumped 12 points on close to be higher A surprise jump in BHP and banking shares during the 4pm settlement has sent the S&P/ASX 200 from being in the red at 6578 points on the closing bell to being 6 points higher at […]

Australia: S&P/ASX 200 (ASX:.AXJO) renewed worries about the trade conflict between the US and China is set to put investors in a defensive mood

Australia: S&P/ASX 200 (ASX:.AXJO) renewed worries about the trade conflict between the US and China is set to put investors in a defensive mood

Australia: S&P/ASX 200 (ASX:.AXJO) renewed worries about the trade conflict between the US and China is set to put investors in a defensive mood ASX futures were down 22 points or 0.3% to 6499. The local currency slipped 0.2 per cent. On Wall Street, the Dow dipped 0.3 per cent, the S&P 500 slid 0.7 […]

Hong Kong: Hang Seng Index (.HSI) Shares Mixed

Hong Kong: Hang Seng Index (.HSI) Shares Mixed

Hong Kong: Hang Seng Index (.HSI) Shares Mixed The major Asia Pacific stock indexes are trading mixed on Friday with China and Hong Kong posting losses. Market conditions are much calmer than earlier in the week, which suggests money managers may have priced in most of the negative events with hedges in safe-haven assets like […]

Australia: S&P/ASX 200 (ASX:.AXJO) share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations

Australia: S&P/ASX 200 (ASX:.AXJO) share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations

Australia: S&P/ASX 200 (ASX:.AXJO) share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations The Australian share market has risen for a second day as US-China trade tensions eased and Chinese trade data beat expectations. The benchmark S&P/ASX200 index was up 48.6 points, or 0.75 per […]

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify

Hong Kong: Hang Seng Index (.HSI) investors convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify Many Chinese investors are piling into products that provide a hedge against a stock market collapse, convinced now that the Sino-U.S. trade war will drag on and, if anything, intensify. The dramatic shattering of […]

Australia: S&P/ASX 200 (ASX:.AXJO) steadies to recover losses after a massive sell-off

Australia: S&P/ASX 200 (ASX:.AXJO) steadies to recover losses after a massive sell-off

Australia: S&P/ASX 200 (ASX:.AXJO) steadies to recover losses after a massive sell-off Australian shares are set to open higher as markets steadied to recover losses after a massive sell-off. SPI futures were up 11 points to 6401 at 3.42am AEST. By 5.50am they were up 48 points, or 0.8 per cent, to 6438. The Australian […]

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war

Hong Kong: Hang Seng Index (.HSI) investors remained tense over the escalating US-China trade war Hong Kong shares closed modestly higher today, ending a week-long losing streak after spending much of the day in the red as investors remained tense over the escalating US-China trade war. The Hang Seng Index edged up 0.08 per cent, […]

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns

Hong Kong: Hang Seng Index (.HSI) selling pressure remains as trade war raises growth concerns Hong Kong stock investors headed for the exit as economic woes, street protests and China’s weak yuan intensified worries over potential outflows from the city. The MSCI Hong Kong Index closed 0.6% lower, its 10th straight decline a day after […]

Australia: S&P/ASX 200 (ASX:.AXJO) Is this a buying or selling opportunity?

Australia: S&P/ASX 200 (ASX:.AXJO) Is this a buying or selling opportunity?

Australia: S&P/ASX 200 (ASX:.AXJO) Is this a buying or selling opportunity? The answer is probably both! I believe the market is primed for a sell-off after staging big gains in 2019 and a correction is healthy. Stocks will bounce back as central banks will rush to pump their respective economies with cheap and accessible credit. […]

Australia: S&P/ASX 200 (ASX:.AXJO) set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war

Australia: S&P/ASX 200 (ASX:.AXJO) set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war

Australia: S&P/ASX 200 (ASX:.AXJO) set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war Australian shares are set to plummet as markets suffered a sweeping global sell-off amid the escalation of the Sino-US trade and currency war. The RBA meets today but markets don’t expect […]

Hong Kong: Hang Seng Index (.HSI) plunges on strikes

Hong Kong: Hang Seng Index (.HSI) plunges on strikes

Hong Kong: Hang Seng Index (.HSI) plunges on strikes The Hang Seng dropped 2.9 per cent to 26,151.32 for a ninth straight day of declines. The last time when such a run happened was back in March 1997, a few months before the handover of the former British colony and before the Asian financial crisis. […]