Market Pulse - Asia
JP Morgan recommends buying dips in stocks, remains overweight emerging markets vs. developed ones
Equity strategists at JP Morgan reiterated their call that investors should 'buy' into the dips in global stocks, pointing to oversold readings on stocks heightened uncertainty and the 'market internals' to back up their case.
Omicron subvariant is 1.5 times more transmissible than original
A new Omicron subvariant known is more transmissible than its forebear which first appeared in South Africa, scientists said at the weekend, although some studies have shown that vaccines are more effective against it.
Asia report: Equities rise, China manufacturing growth slows
Equity markets were mostly higher at the start of a quiet week in Asia on Monday, with some bourses closed and others taking an early finish ahead of the Lunar New Year holiday.
UK and EU planning sanctions on new Russian natural gas projects
Britain and the EU are said to be readying sanctions that on new gas projects in Russia that could be wielded should Russia attack Ukraine again.
Asia report: Tech stocks in focus in mixed day for region
Stocks finished in a mixed state in Asia on Friday, following a volatile session on Wall Street overnight, with Hong Kong’s main board leading the losses.
Asia report: Technology plays lead post-Fed tumble
Markets were weaker across the board in Asia on Thursday, as investors reacted to the outcome of the US Federal Reserve’s latest two-day policy meeting overnight.
Russian forces in Belarus will not remain in country after February drills
The Russian rouble strengthened slightly, recouping some of the prior session's losses, after Belarus indicated that Russian troops in the country would not remain in the country following military drills planned for February.
Asia report: Stocks mixed ahead of US Fed decision
Markets closed in a mixed state in Asia on Wednesday, as investors closed their pocketbooks ahead of the conclusion of the US Federal Reserve’s meeting later in the global day.
Former ambassador to Nato sees diplomatic path out of Ukraine crisis
There was a way out of the current crisis in Ukraine, a former US ambassador to Nato during the Clinton administration argued recently.
Asia report: Stocks suffer heavy losses in regional sell-off
Equity markets suffered heavy losses across the Asia-Pacific region on Tuesday, after a roller-coaster session on Wall Street overnight.
Asia report: Markets mixed as investors look to Fed
Stock markets in Asia closed in a mixed state on Monday, as investors kept a hold on their wallets ahead of the US Federal Reserve’s policy meeting later in the week.
Asia close: Stocks end lower tracking losses in the US
Stocks across the Asia Pacific region were mostly lower at the end of the week caught as they were by the ongoing correction in the US technology space.
Crunch time for US-Russia talks in Geneva
Russia's top diplomat to the European Union hopes that talks with the US on Friday in Geneva will help ease current tensions.
PBoC cuts key lending rates by less than expected
China's central bank trimmed two key lending rates overnight in a bid to bolster activity in the country's property sector and in order to help small businesses.
Asia report: Markets close lower as oil prices surge
Equities closed in negative territory in Asia on Wednesday, following a sell-off on Wall Street overnight and as oil prices spiked around seven-year highs.
Asia report: Most markets weaker as Xi cautions over interest rate rises
Most major stocks indices were in the red at the end of Tuesday in Asia, as Japan’s central bank stood pat on interest rates, and China’s president warned of the danger of hiking rates rapidly.
BoJ says risks to prices 'generally balanced' but stays put on policy
The Bank of Japan anticipated that the country's economy "was likely to recover" as the impact of Covid-19 on services and its related supply-side constraints waned, policy makers said following their latest policy meeting.
Asia report: Markets mixed as China GDP grows faster in Q4
Markets were mixed at the end of Monday in Asia, as investors digested data showing China’s economy grew quicker than anticipated in the December quarter.
Asia report: China trade data mixed as Bank of Korea raises rate
Stocks ended the last session of the week in negative territory in Asia, as traders digested fresh data that painted a mixed picture of Chinese trade, and South Korea’s central bank hiked interest rates.
Asia report: Stocks mostly down after spicy US inflation report
Equity markets closed mostly lower in Asia on Thursday, after fresh data out of the US overnight showed consumer prices rising even faster in December.