Page 3 - Asia Markets

Wall Street slumps on US Fed remarks on inflation, jobs; bond scare

Benchmarke US Treasury yields rose toward last week's highs as Powell spoke, and the dollar hit a three-month high

Bitcoin rises 5% to $50,942.58 adding $2,426.23 to its previous close

Bitcoin has fallen 12.7% from the year's high of $58,354.14 on Feb. 21

Tech demand drives Asia's factory revival, China's slowdown puts dampener

China's was the first major economy to lead the recovery from the COVID-19 shock, so any signs of prolonged cooling in Asia's engine of growth will likely be a cause for concern

Bond yields, US air strike: What dragged the Sensex 1,939 pts lower today

A rise in commodity prices has fanned inflation risks, pushing bond yields higher. That apart, the US launched airstrikes in Syria on Thursday, which further dented global mood

Asia stocks skid as global inflation fears, tech woes hit Wall Street

U.S. Treasury yields vaulted to their highest since the pandemic began on expectations of a strong economic expansion and related inflation

Short selling by market players led to rise in bond yields: SBI report

An SBI Ecowrap report noted that while going short or long are typical market activities that aid in price discovery, at times, they can also result in price distortions, as it might be happening now

Global trends to guide markets; indices may remain range-bound: Analysts

Markets had registered sharp gains post the Union Budget, but last week profit-taking was witnessed

Asian markets eye muted start on economic hopes, Covid pandemic fears

Australia's benchmark S&P/ASX 200 index was down 0.1% in early trading, while Japan's Nikkei 225 futures were up 0.05%

World stocks look to extend bull run to 12th day on economic optimism

Oil prices soared to a 13-month high as a deep freeze due to a severe snow storm in the United States not only boosted power demand but also threatened oil production in Texas

Japan's Nikkei back above 30,000 mark after more than three decades

The break of 30,000 could open the way for test of all-time high of 38,957, touched at the end of 1989

Global trends to guide domestic markets, see consolidation: Analysts

The movement in the rupee and FII investment would also influence the investor sentiment, they suggested

Global stocks lag, dollar advances in volatile market on Covid-19 concerns

Equity markets have scaled record highs in recent days on bets vaccines will start to reduce infection rates worldwide and on a stronger US economic recovery under President Joe Biden

Trump testing Covid-19 positive a temporary setback for markets: Analysts

US stock futures and Asian shares lost ground Friday after President Donald Trump said he and first lady Melania Trump had tested positive for Covid-19

Asia stocks touch 29-month top, China blue chips at five-year high

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2% to reach its highest since March 2018, bringing gains for the month so far to 5.1%

Asian stocks near two-year high as virus treatment hopes lift mood

Asia's stock markets opened higher on Tuesday following a Wall Street rally driven by vaccine hopes, while the dollar found some support ahead of a key central bank speech

IndusInd, HDFC Bank surge up to 21% post Q4 biz update amid Covid-19 woes

Analysts at Kotak Institutional Equities expect banks to report healthy earnings due to the Reserve Bank of India's loan moratorium

As D-Street huffs and puffs, firms opt for buybacks to lift hushed spirits

While more firms may resort to buybacks, industries urge that government review tax on this investor rewarding method

Asian markets fall as companies warn earnings could be hit by coronavirus

More than 2,200 people have died from the novel coronavirus, which has infected over 75,000 people, mostly in China, and spread panic around the world

Market Ahead, November 21: All you need to know before the Opening Bell

For the telecom sector, the Union Cabinet approved a two-year moratorium on payment of pending spectrum auction instalments

Market Ahead, Nov 20: Top factors you need to know before the Opening Bell

The rally in telecom stocks could continue for the fourth straight session after Reliance Jio joined rivals Vodafone Idea and Airtel in announcing an increase in tariffs