Morning Notes
Global Stock Bounce Pauses on Worry Over Fed Hikes
08/08/2022 A bounce in stocks paused and US equity futures drifted lower, hampered by expectations of aggressive interest-rate hikes by the Federal Reserve to tackle the highest inflation in a generation. Retreating tech shares were among the drags on MSCI Inc.’s...
Asian Stocks Extend Gains Ahead Of US Payroll
05/08/2022 Markets in Asia advanced on Friday, supported by gains in technology stocks, recovering losses earlier in the week. Alibaba Group Holding Ltd posted better results than many feared, avoiding a sharp sales contraction. This indicated an improvement in...
Shares In Asia-pacific Cheered By Positive US Earning, Hong Kong Leads
04/08/2022 Equities markets rallied on Thursday in Asia, tracking a strong overnight session on Wall Street after a series of positive earnings, while the tech-heavy Hong Kong benchmark led gains ahead of Alibaba Group’s second quarter results. Shares of the...
Markets In Asia Retreat On Sino-US Tensions, Recession Jitters
03/08/2022 Stock markets in Asia mixed on Wednesday following U.S. House Speaker Nancy Pelosi's safe arrival in Taiwan, despite threats of action from China. Beijing announced to conduct military drills encircling Taiwan from Aug 4-7. US treasuries trimmed a plunge ...
Markets In Asia Retreat On Sino-US Tensions, Recession Jitters
02/08/2022 Shares in Asia pulled back on Tuesday amid escalating tensions between China and the US as House of Representatives Speaker Nancy Pelosi set to begin a visit to Taiwan against the objections of China. US National Security Spokesman Kirby has indicated that...
Asia-pacific Markets Mixed, Factories Squeezed By Weak Demand; US Futures Dip
01/08/2022 China’s factory output unexpectedly shrank in July as fresh curbs in the wake of rising COVID-19 cases dented economic activity. The official purchasing managers index came in at 49 for July, below expectations of 50.4, and June’s reading of 50.2. South...
US Futures Rally on Earnings, Fed Outlook but Tencent under pressure
29/07/2022 US markets rally and equity futures follow on positive earnings from Amazon and Apple and expectations of shallower Federal Reserve monetary tightening, a prospect that’s also supporting Treasuries. Nasdaq 100 contracts added more than 1% after the US stock...
Stocks Push Higher Amid Bets on Slower Fed Hikes
28/07/2022 Stocks rose in Asia this morning and the dollar fell as the prospect of a slower pace of Federal Reserve monetary tightening filtered across global markets. An Asian share gauge added just under 1%, but the gains were smaller than Wednesday’s 2.6% surge in...
US Futures Up on Earnings; Asia Stocks Dip Pre-Fed
27/07/2022 US equity futures rallied this morning after resilient earnings from Google parent Alphabet Inc. and an upbeat outlook from Microsoft Corp. helped alleviate some of the wider caution in markets. Contracts on the tech-heavy Nasdaq 100 added over 1%, while...