Page 29 - Global Markets

Global stocks rise as signs of Trump's improving health calm markets

Australian stocks jumped 2.37% for the biggest daily gain in almost two weeks. Japan's Nikkei rose 1.39%

Asian shares shed gains, oil sinks after Trump tests positive for virus

US stock futures and Asian shares fell Friday after President Donald Trump said he and first lady Melania Trump had tested positive for the new coronavirus. The future contracts for both the S&P 500 and the Dow industrials lost 1.9 per cent. Oil prices also slipped. Trump tweeted news of his test results just hours after the White House announced that senior aide Hope Hicks had come down with the virus after travelling with the president several times this week. To say this potentially could be a big deal is an understatement, Rabobank said in a commentary. Anyway, everything now takes a backseat to the latest incredible twist in this US election campaign. Trading in Asia was thin, with markets in Shanghai and Hong Kong closed. The Nikkei 225 index shed strong early gains, losing 0.8 per cent to 22,999.75 after the Tokyo Stock Exchange resumed trading following an all day outage due to a technical failure. Reports that the Japanese government is preparing new stimulus measures t

US stock futures extend losses after Trump says going into quarantine

Futures for the S&P 500 fell 0.39% in Asian trading after the news, extending earlier losses, while Treasury yields remained broadly unchanged

Tokyo Stock Exchange resumes after outage debacle, market steady

The glitch was the result of a hardware problem at the bourse's "Arrowhead" trading system, and a subsequent failure to switch to a back-up

Palantir Technologies slips 5% on first day after long-awaited listing

Palantir ended the day with a market capitalization of about $15.7 billion based on its listed shares

India may be one of the most vulnerable EMs, say Lambregts & Erken

EMs may struggle in the short term on the back of rising geopolitical developments, say Jan Lambregts and Hugo Erken

Chris Wood bullish on cyclical stocks; sees more stimulus from US Fed

GREED & fear's view is that there is a scope for US Fed action inter-meeting if the market action is violent enough

S&P 500, Dow extend longest losing spree in a year on Covid-19 fears

The S&P industrials sector added 0.2 per cent as data showed new orders for key U.S.-made capital goods increased more than expected in August.

Asian stocks fall on concerns about fresh lockdowns, banking sector

On Wall Street, the Dow Jones Industrial Average fell 1.84%, the S&P 500 lost 1.16%, and the Nasdaq Composite dropped 0.13

Investors brace for months of market swing as virus, political worries loom

Market participants aren't expecting the turbulence to die down any time soon

Shares, currencies tentative as attention shifts to US election, stimulus

MSCI's broadest index of Asia-Pacific shares outside Japan was a shade weaker, though it was not too far from a June 2018 peak at 568.84

Global Markets: Asian shares buoyed by coronavirus vaccine hopes

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.7%, poised for its second straight session of gains

Global shares struggle to shake off bearish mood as US tech giants fall

MSCI's broadest index of Asia-Pacific shares outside Japan dipped 0.2%, hovering just above a one-month trough touched earlier this week

Asian stock markets gain following tech bounce, euro waits for ECB

MSCI's broadest index of Asia-Pacific shares outside Japan gained half a percent, lifting away from a one-month low made on Wednesday

RoSCTL scheme to help enhance competitiveness of apparel exporters: AEPC

Apparel Export Promotion Council (AEPC) Chairman A Sakthivel welcomed the release of funds for paying the dues under the scheme for fiscal 2020-21

Global Markets: Tech rout roils Asian shares, oil futures extend slump

MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.12%. Australian stocks dropped 2.24%, while shares in China fell 1.16%

Dollar and yen rise as tech stocks selloff sends investors to safety

In early trade the safe-haven Japanese yen rose to a one-week peak of 105.83 per dollar as investors looked to jittery equity markets to set the tone

Beijing likely to dump US treasuries as US-China tensions soar: Report

China, the second largest non-U.S. holder of Treasuries, held $1.074 trillion in June, down from $1.083 trillion the previous month, according to latest official data

Global Markets: Stocks gain on US manufacturing survey, stimulus hopes

MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.25% while Japan's Nikkei advanced 0.35%

Global Markets: Asian shares set to rise as recovery comes into focus

Investors in Asia await Australia's gross domestic product data, which is expected to confirm the economy fell into its deepest slump since the Great Depression