Market Pulse - Asia
Week ahead: G20 summit, US jobs report in focus
All eyes over the coming week will likely be on the result of Saturday's meeting between the Presidents of China and the US on the sidelines of the G20 leaders' summit in Osaka, Japan, and what agreements - if any - were reached.
Asia report: Markets down as investors close their wallets ahead of G20
Most markets in Asia finished in the red on Friday - the last trading day in June - as investors kept both eyes on Japan for developments on the trade front, with Donald Trump and Xi Jinping set to meet at the G20 summit.
Bitcoin volatility returns with price falling $1,800 in ten minutes
Bitcoin fell by over $1,800 in price in just a 10 minute time span on Wednesday as the 39% jump in prices seen since the start of the week that sent the crypto-currency as high as $13,852 triggered finally buckled.
Asia report: Markets rise ahead of Trump-Xi meeting in Japan
Markets in Asia finished in the green on Thursday, with investors holding their breath ahead of a meeting between US president Donald Trump and his Chinese counterpart Xi Jinping at the G20 summit in Japan.
US and China agree to trade truce ahead of G20 meeting, says report
The United States and China have agreed to a trade truce ahead of a meeting between the leaders of the two nations at the G20 summit in Osaka this weekend, according to a joint report from Politico and the South China Morning Post on Thursday.
Chinese hackers compromised eight tech services giants, Reuters says
Cyber-criminals working for China's Ministry of State Security have broken into the networks of eight of the world's largest technology businesses in order to raid them for secret client information, according to a report from Reuters.
Brent jumps after DoE reports 12.8m barrel drop in weekly US oil inventories
US crude oil inventories shrank at an accelerated pace last week amid a sharp drop in net imports and higher demand from refineries.
US goods trade deficit widens unexpectedly in May, imports higher
America's shortfall in trade on goods with the rest of the world widened last month as imports rose more quickly than expected, contrary to expectations for declines in both exports and imports.
White House may suspend plans for next round of trade tariffs
Washington may not go ahead with another round of levies on Chinese exports while the two capitals are preparing to resume trade talks.
Asia report: Markets mixed in subdued trading after Powell comments
Markets in Asia were mixed in subdued trading on Wednesday, as investors digested the latest rhetoric from the US Federal Reserve chair, suggesting the central bank was taking a more hands-off approach to the prospect of interest rate cuts.
Zoo Digital's shares dive after margins slashed
Zoo Digital's shares slid on Wednesday after it reported a drop in EBITDA margins, though it swung to an annual profit after revenues edged up, despite the disruption after losing a project in the second half of the year.
Bitcoin hits $12,900 as analysts spy all-time highs
Bitcoin’s price reached $12,900 for the first time since January 2018 on Wednesday following a furious 14% which has left speculators chomping at the bit in hopes of a further rally up to its 2017 highs or even further.
Rio Tinto no longer blacklisted by Norwegian wealth fund
Norway’s $1tn wealth fund has removed UK miner Rio Tinto and retailer Walmart from its blacklist, possibly paving the way for future investments in both companies.
US Treasury Secretary sees "path" to completing US-China trade talks
American Treasury Secretary Steve Mnuchin on Wednesday sounded an upbeat note on the prospects for a US-China trade deal before the end of the year.
Asia report: Most markets lower ahead of Trump-Xi meeting
Markets in Asia took a tumble on Tuesday, as investors digested fresh sanctions placed on Iran by the United States, and looked ahead to a meeting between Donald Trump and Xi Jinping later in the week.
FX round-up: Cable dips alongside US dollar
Sterling was on the back foot at the start of the week, with all eyes on whether the front-runner to become the next Prime Minister, Boris Johnson, would participate would join a planned debate on Sky on Tuesday.
Morgan Stanley sees little upside left on Wall Street
Strategists at Morgan Stanley believe the US stock market may be headed for a 10% correction if the economic data continues to worsen over the course of the third quarter.
Asia report: Most markets higher as oil rises on Gulf tensions
Markets in Asia finished mostly higher on Monday, as oil prices continued to head north amid ongoing tensions between the United States and Iran.
Commodities: Crude oil and gold futures in focus
Energy futures continued moving ahead at the end of the week as traders kept an watchful on the news flow coming out of the Persian Gulf and the US dollar continued to see some selling pressure.
Asia report: Markets mixed amid rising Middle East tensions
Markets in Asia finished mixed on Friday, as investors digested an escalation of tensions in the Middle East following the reported shooting down of a US surveillance drone on Thursday.