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Daily News – 19Jun’24

(Bloomberg) — Asian equities opened higher on Wednesday after a surge in chipmakers drove US stocks to yet another record-breaking session on Wall Street.  Shares in South Korea jumped about 1% and those in Japan also climbed, while the Australian benchmark was little changed. US traders pushed the S&P 500 closer to the historic 5,500 […]

Daily News – 14Jun’24

(Bloomberg) — Asian stocks fell, weighed by Japanese shares, while the yen traded in a narrow range as markets awaited the outcome of the Bank of Japan’s two-day policy meeting. The Nikkei and Topix fell, while the Japanese currency hovered around the 157.10 per dollar mark, as the central bank is widely expected to consider […]

Daily News – 13Jun’24

(Bloomberg) — Asian stocks tracked US peers higher as the Federal Reserve’s cautious outlook on interest rates did little to alter Wall Street’s bets on cuts.  Equity benchmarks rose in Australia and South Korea, while futures for Hong Kong stocks pointed to markets opening higher on Thursday. Japanese shares were mostly flat. (Bloomberg) — Bond […]

Daily News – 12Jun’24

(Bloomberg) — Asian stocks shrugged off a positive US session and opened lower as a double-whammy of US inflation data and the Federal Reserve decision landing later in the day kept traders on edge.   Equities slipped in Japan and Australia, while those in South Korea climbed. Contracts signalled early losses for stocks in Hong […]

Daily News – 11Jun’24

Asian Stocks Cautious Ahead of Key US Indicators: Markets Wrap (Bloomberg) — Asian stocks were muted in early trade, following a subdued session on Wall Street as investors positioned for this week’s Federal Reserve decision and US inflation data. Markets in Japan posted early gains while those in Australia edged lower as they reopened after […]