Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more "noise" than signals of a short-term surplus. As of 3:50 PM WIB, Brent was at $69.60/barrel (+0.29%) and WTI was at $64.83/barrel (+0.31%). The gains were moderate, but enough to keep prices near the psychological $70 level for Brent. From a geopolitical perspective, market focus is on the potential for escalation in the Middle East. Recent reports...
Japanese stocks rose early in the session, with the Nikkei rising 0.7% to 48,069.81, led by technology and electronics stocks. A weaker yen helped ease concerns about the impact of US tariffs on exporters' earnings. Kioxia jumped 8.3%, SoftBank Group rose 4.5%, and Tokyo Electron added 1.4%. In the currency market, USD/JPY was at 152.60 (vs. 152.45 at Wednesday's close), confirming support for export-oriented stocks. Investors were also watching for potential policy moves by Sanae Takaichi after her election as the new LDP leader.(az) Source: Newsmaker.id
Asian stocks opened higher, following Wall Street's rally fueled by AI-fueled euphoria. The S&P 500 rose 0.6% and the Nasdaq 100 rose 1.2%. Japan and Australia led gains, while China's ADR rose 0.9% ahead of the mainland market's reopening after Golden Week. The yen was nearly flat after hitting its weakest level since February, fueling speculation of intervention. In commodities, gold fell slightly but remained above $4,000/oz due to profit-taking and easing safe-haven demand following signals of a Gaza peace plan. Oil also weakened amid focus on peace and US inventory data. US stock...
European stock markets rallied on Wednesday, with equities in France perfomring strongly despite ongoing political upheaval in the country. The pan-European Stoxx 600 index climbed 0.8%, while the DAX in Germany increased by 1%, and the FTSE 100 in the United Kingdom gained 0.7%. Sectors like industrials, basic resources, banks, and insurance outperformed. France's CAC 40, meanwhile, moved up 1.1%. The index has been volatile throughout the week, fueled by the surprise resignation of Prime Minister Sebastien Lecornu on Monday. The outgoing Lecornu, who is holding last-minute talks over...
The S&P 500 rose slightly on Wednesday, a day after it snapped a seven-day win streak because of a drop in Oracle that called to question the sustainability of the artificial intelligence trade. The government shutdown is also in its second week. The benchmark index climbed 0.1%, while the Nasdaq Composite advanced 0.4%. The Dow Jones Industrial Average fell 62 points, or 0.2%. Nvidia shares rose more than 1% after CEO Jensen Huang said that demand has risen in recent months, telling CNBC that "this year, particularly the last six months, demand of computing has gone up...
The Hang Seng Index fell 128 points, or 0.5%, to close at 26,829 on Wednesday, declining for a third straight session as sector-wide weakness gripped the market. The technology index fell 0.6%, tracking Wall Street's losses after Oracle fell on margin concerns. Shares of tech giant Alibaba fell 1.6%, while Baidu (-3.2%), Meituan (-2.3%), and SMIC (-1.8%) posted sharp losses, as US lawmakers reportedly pushed for broader restrictions on chip-making equipment exports to China. Financial and consumer staples stocks also weakened, weighed down by concerns over China's slowing economic recovery,...
The Nikkei 225 index fell 0.45% to 47,735 on Wednesday, retreating from a record high as investors took profits following a rally fueled by expectations of stimulus under PM-elect Sanae Takaichi (the Abenomics line). Weaker wage data also dampened prospects for a BoJ interest rate hike, with real wages falling by -1.4% year-on-year in August, an eighth straight month of decline. The technology sector also followed Wall Street lower after Oracle's plunge rekindled concerns about the sustainability of AI trading. Uncertainty was further compounded by the prolonged US government shutdown....
The Hong Kong stock exchange plunged after a long holiday. The Hang Seng opened down 57 points (26,900), was hit by intense selling to 26,520, and closed down 380 points (-1.41%) at 26,577. The China Enterprise Index ended down 1.5% (9,429), while the Technology Index fell 1.94% (6,422). Tech led the decline: Tencent -1%, Alibaba -2.9%, Meituan -2%, Xiaomi -1%, JD.com -2.7%, Kuaishou -2.9%, and Baidu -5%. The financial sector also slumped: HSBC -1.3%, AIA -0.6%, Ping An -1.6%, and HKEX -1.3%. Main board turnover: HK$40.4 billion. Gold's rally to a new record fueled mixed performance among...
Wednesday, October 8, 2025 - The Nikkei index moved flat at 47,937.70, as gains in heavy industry and pharmaceutical stocks offset the decline in chip companies. The IHI rose 4.3% and Daiichi Sankyo strengthened 3.5%, while Tokyo Electron fell 1.6% and Advantest weakened 1.2%. The weaker yen also provided support to the market, as it typically benefits exporters. USD/JPY was at 152.25, up sharply from 150.69 at Tuesday's close, thus boosting sentiment for export-related sectors. Investors' focus is now on the details of potential policy steps Sanae Takaichi may take after being elected LDP...
Gold rises in the early Asian trade. There's a broad commodities uptrend, driven by macro uncertainty, a weaker dollar, and persistent demand for "hard" assets, says Fawad Razaqzada, market analyst...
Oil extended declines after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.
Brent...
The Japanese Yen (JPY) weakened against its US counterpart and reversed part of Friday's recovery from the lowest level since July 23 following Bank of Japan (BOJ) Governor Kazuo Ueda's remarks....