Asian Stocks Slip, Yields Rise, Oil Climbs on Iran
Wednesday, 9 May 2018 08:47 WIB |
MARKET UPDATE |MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik
Asian stocks slipped and crude oil climbed past $70 in New York after President Donald Trump scrapped the nuclear deal with Iran. Treasury yields advanced toward 3 percent, helping stoke gains in the dollar against the yen.
Equity benchmarks in Japan and South Korea dipped, though rose in Australia after that country™s government announced tax cuts. Futures in Hong Kong fell. The S&P 500 Index pared losses to close flat and U.S. futures were little changed. West Texas crude rose after a volatile trading session Tuesday as traders digested what the Iran move means for energy supplies. The greenback rose for a fourth session.
The MSCI Asia Pacific Index fell 0.3 percent as of 10:11 a.m. Tokyo time. Kospi index fell 0.1 percent. Australia™s S&P/ASX 200 Index rose 0.3 percent.
Concern about an increase in geopolitical tension is weighing on global sentiment at the same time as concerns spread over the implications of higher Treasury yields and a stronger dollar. Sanctions on Iran could potentially disrupt supplies from OPEC™s third-largest producer and open an uncertain new chapter for the Middle East.
Monday, 16 September 2019 15:22 WIB
Hong Kong shares fell on Monday following last week's healthy gains, while investors were also spooked by fresh violent protests in the city and data further highlighting weakness in the Chinese economy.
The Hang Seng Index lost 0.83 percent, or 228.14 points, to 27,124.55.
The benchmark Shanghai ...
Monday, 16 September 2019 14:29 WIB
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Monday, 16 September 2019 09:07 WIB
Hong Kong stocks fell in the first few minutes of trade Monday following last week's healthy gains, while traders were also spooked by more protest violence in the city at the weekend.
The Hang Seng Index eased 0.69 percent, or 189.85 points, to 27,162.84.
The benchmark Shanghai Composite Index ro...
Saturday, 14 September 2019 03:26 WIB
Hong Kong stocks finished Friday with a flourish as investors were cheered by easing tensions in the China-US trade row while also betting on another interest rate cut by the Federal Reserve next week.
The Hang Seng Index jumped 0.98 percent, or 265.06 points, to 27,352.69.
Source : AFP...
Saturday, 14 September 2019 03:20 WIB
U.S. stocks closed mostly lower on Friday after easing trade tensions and central bank policy moves briefly buoyed investor sentiment earlier in the day.
The S&P 500 was down less than 0.1% to end near 3,007. The Dow Jones Industrial Average advanced 36 points, or 0.1%, to finish around 27,219,...