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Asian Shares Close Mostly Higher on Global Market Uncertainty, Weakened Yen
Asia Session Key Developments Yen Retreats, Bargain Hunting in Japan Brings Shares Higher Gains in the U.S. and China Don’t Impress Traders In Hong Kong, Index Closes Down Australian Market Closes Up Following Gains on Wall Street There is currently a widespread view that shares in general are undervalued because of the recent decline in global equity markets, so modest gains (and a break from... [Read more]
Asian Shares Extend the Week’s Losses as Investors Continue Risk-Averse Trading
Asia Session Key Developments Japan Export Growth Slows for 5th Straight Month Hong Kong Shares may Lower to 20,500 Support Level in Short-term Australian Market Feeling Effects of Slowing Global Economic Recovery Investors continue to be risk-averse on concerns over the gloomy global economic outlook for the second-half of the year. The Nikkei 225 index fell to a 16-month low as the yen continues... [Read more]
Japan Enters Bear Market, Uncertainty on Global Markets Weighing Down Asian Shares
Asia Session Key Developments Yen Reaches 15-Year High Against Dollar, Nikkei 225 Closes at a Near 16-Month Low Hong Kong Shares Close Lower on Global Economic Outlook Despite Gains in Chinese Market Australian Market Lacking Direction Ahead of Saturday’s Elections Asian Shares Weighed Down by Japan Market Slide, Weak Offshore Markets Nikkei 225 ... [Read more]
European Equities Halt Decline as Consumer Confidence Rebounds
Europe Session Key Developments • French Manufacturing Data Beats Expectations for August • Euro-Zone Consumer Confidence Unexpectedly Rises • Euro Currency Declines Against Greenback for Fourth Day European stocks rallied for the first time in four days as French manufacturing data beat expectations and Euro-Zone consumer confidence rose to its highest level since January 2008. The bullish... [Read more]
Asian Stocks Fall on Global Economic Growth Outlook, Hung Parliament in Australia
Asia Session Key Developments Stronger Yen Hurts Japan’s Exporters Hong Kong Shares Close Lower on Economic Outlook Australian Market Shows Resilience after Early Losses Asian Shares Weighed Down by Pessimistic Global Economic Outlook, Growth Concerns Asian stocks continued last week’s descent on concerns over a weaker economic outlook in the U.S., the world’s largest economy, though Utilities... [Read more]
Gloom of International Economic Recovery Looms Over Asian Shares
Asia Session Key Developments Japanese Shares Retreat on Pessimistic Outlook on Foreign Demand Financials Weigh Down the Hong Kong Market Australian Stocks Fall on Weaker Offshore Markets Disappointing Figures in the U.S. Followed by Losses on Wall Street Fuel Losses in Asia The U.S. reported jobless claims were in fact up to a nine-month high, missing forecasts of a small decrease – this data... [Read more]
Asian Shares Mostly Up on Positive Earnings, Further Potential Monetary-Easing in Japan
Asia Session Key Developments Japanese Shares Continue Rising on Speculation Policy Makers Will Stimulate Economy Hong Kong Shares Up, Late Losses Limit Market Gains Australian Stocks Marginally Up on Mixed Company Earnings Most Asian Stocks Trade Higher on Thursday on Hopes for Further Monetary Easing in Japan Japanese Stocks were the beneficiaries of reports that the Bank of Japan will take... [Read more]
Asian Markets Close Mixed as Chinese Regulators Counter Positive U.S. Economic Data
Asia Session Key Developments Japan Market Rebounds on U.S. Industrial Production and Commodity Prices Rising Hong Kong Shares Pare Gains, China Set for Further Steps to Curb Growth Australian Stocks Close Flat After Posting Early Gains Asian Shares Mixed on Wednesday on Stronger U.S. Earnings, Concerns on Growth in China A jump in U.S. industrial production weighed in positively on Asian shares... [Read more]
Japanese Economy Hurting, Australia and Hong Kong Riding Growth in Asian Markets
Asia Session Key Developments Japanese Stock Market Trading Weak on Stronger Yen, Concerns of Economy Hong Kong Land Sales Beat Expectations Australian Investors Indulging in Selective Buying at Lower Levels Gloom on Global Economic Recovery Tempered by Mild Bargain Hunting in Asian Markets Stocks in Asian Markets were mixed once again as Japan saw losses while Hong Kong and Australia continue... [Read more]
China Passes Japan to be World’s Second Largest Economy by GDP
Asia Session Key Developments Japan’s Economy Expands at Slowest Pace in 3 Quarters Hong Kong Announces Measures to Cool Home Prices Australian Market Down but Well Supported by Domestic Stocks Asian Markets Close Mixed, China Overtakes Japan on Largest Economy List Asian stocks mostly fell on Monday as Japan’s GDP grew by 1/5th of economist’s expectations – pushing Japan into 3rd place... [Read more]
