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Asia Markets Mixed after S&P and Nasdaq Fall for Fourth Straight Day

Thursday, 18 April 2024 14:20 WIB | Market update

Asia-Pacific markets were mixed on Thursday, following Wall Street’s overnight losses which saw the S&P 500 and the Nasdaq Composite fall for a fourth straight day. Tech stocks led markets lower as artificial intelligence darling Nvidia fell nearly 4%, joined by Netflix, Meta, Apple and...

Asia Markets Rebound after Tuesday’s Broad Sell-off; Japan and Singapore Data Expected

Wednesday, 17 April 2024 14:19 WIB | Market update

Asia-Pacific markets rebounded after Tuesday’s broad sell-off, with traders watching trade data out of Japan and Singapore on Wednesday. Investor sentiment, however, might be tempered by comments from U.S. Federal Reserve Chair Jerome Powell, who said there has been “a lack of further progress so...

Asia Markets Extend Declines amid Iran-Israel Tensions; China Economic Data on Deck

Tuesday, 16 April 2024 14:12 WIB | Market update

Asia-Pacific markets extended their declines as the world awaits Israel’s response to Iran’s air assault over the weekend. On Tuesday, China’s first-quarter gross domestic product numbers will be in focus, with the world’s second-largest economy expected to grow 4.6% from a year ago. China’s...

Asia-Pacific Markets Fall Amid Israel-Iran Tensions with Spotlight on Oil, Gold and Bitcoin

Monday, 15 April 2024 14:33 WIB | Market update

Asia-Pacific markets slipped Monday as traders weighed the impact of Iran’s drone attack on Israel over the weekend, with focus also on key economic data from China and Japan later in the week. Iran launched more than 300 drones and missiles against military targets in Israel on Saturday in an...

Asia Markets Slip after Wall Street Rally Pauses; China Exits Deflation Territory as Consumer Prices Rise

Monday, 11 March 2024 14:19 WIB | Market update

Asia-Pacific markets fell Monday after Wall Street’s rally took a breather, with artificial intelligence darling Nvidia finishing down more than 5% in its worst session since late May. Separately, China recorded its first month of inflation in four months with the country’s consumer price index...

Asia Markets Mostly Higher as Earnings Pour in; Japan Stocks Fall

Wednesday, 7 February 2024 14:22 WIB | Market update

Asia-Pacific markets were mostly higher Wednesday, with the exception of Japan, tracking Wall Street gains as investors assessed corporate earnings from U.S. and Asian firms. Palantir Technologies surged nearly 31% after the company posted a revenue beat in the fourth quarter, while Spotify...

Asia Markets Track Wall Street Declines; Australia Central Bank Decision in Focus

Tuesday, 6 February 2024 14:25 WIB | Market update

Most Asia-Pacific markets fell Tuesday, tracking declines in Wall Street overnight, while investors also awaited the interest rate decision from the Reserve Bank of Australia later in the day. Twenty-nine economists polled by Reuters unanimously expect the RBA to hold rates at 4.35%. In Japan,...

Asia Markets Struggle for Direction Ahead of a Slew of Economic Data

Friday, 5 January 2024 15:14 WIB | Market update

Asia-Pacific markets struggled to make headway in the early hours of Friday, after mostly falling for the first two trading days of the new year. Investors will be watching Southeast Asia’s economic data due later in the day, including inflation numbers from Thailand and the Philippines, as well...

Japan Leads Losses in Asia as Investors Assess Fed Meeting Minutes

Thursday, 4 January 2024 14:22 WIB | Market update

Asia-Pacific markets fell Thursday, led by Japan as the country resumed trading after an extended New Year’s holiday during which it witnessed an earthquake that has claimed at least 65 lives and a collision at Tokyo’s Haneda airport involving Japan Airlines. The benchmark Nikkei 225 tumbled...

Asia Markets Track Wall Street Declines, Investors Await India Factory Activity Data

Wednesday, 3 January 2024 14:16 WIB | Market update

Asia-Pacific markets fell Wednesday after Wall Street saw the Nasdaq Composite and the S&P500 indexes tumble on the first trading day of the year. Investors in Asia await India’s factory activity data from S&P Global for December, while oil prices will also be closely watched following...

Asia Markets Largely set to Fall after Fed Holds Rates, but Signals Higher Rates for Longer

Thursday, 21 September 2023 14:32 WIB | Market update

Asia-Pacific markets fell across the region after the U.S. Federal Reserve held its benchmark policy rate, but said it will raise interest rates one more time this year, according to the central bankâ€™s projections. Projections showed the central bank expects to hike rates to a median of 5.6% by...

Asia Markets Mixed ahead of China Loan Prime Rate Decision; Fed Decision on Horizon

Wednesday, 20 September 2023 14:04 WIB | Market update

Asia-Pacific markets are set to extend losses from Tuesday as investors await Chinaâ€™s one-year and five year loan prime rates and brace for the U.S. Federal Reserveâ€™s rate decision Wednesday stateside. The region also saw August trade data out from Japan, while wholesale inflation in South...

Asia Markets Mixed ahead of Australian Central Bank Minutes

Tuesday, 19 September 2023 14:23 WIB | Market update

Asia-Pacific markets are mixed as traders look to minutes from the Reserve Bank of Australia for its policy meeting on Sept. 5. The minutes will detail how the RBA came to hold its benchmark policy rate at 4.1%, the third straight month that it has done so. In Australia, the S&P/ASX 200 slid...

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