Stocks in Asia Rise on Fed, China Policy Boost
Monday, 7 January 2019 08:51 WIB |
MARKET UPDATE |MSCI Asia PacificSaham Asia Indeks MSCI Asia Pasifik
Stocks across Asia kicked off the week with strong gains after soothing Federal Reserve comments and an easing of monetary policy in China triggered a renewed appetite for risk assets. Treasuries steadied after Friday's slide and oil extended its recent rebound.
The MSCI Asia Pacific Index climbed 1.9 percent.
Shares in Japan led the charge, with advances also in Hong Kong, South Korea and Australia. U.S. futures climbed, signaling Friday's rally in U.S. stocks could continue.
Japan's Topix index rose 3.2 percent as of 10:34 a.m. in Tokyo. Australia's S&P/ASX 200 Index gained 1.4 percent. Hong Kong's Hang Seng Index rose 1.5 percent. The Shanghai Composite Index advanced 0.5 percent.
Federal Reserve Chairman Jerome Powell said policy is flexible and officials are œlistening carefully to financial markets, while the People's Bank of China cut the required reserves for banks. Sentiment may also be helped as the U.S. and China reopen trade talks.
Monday, 23 September 2019 20:49 WIB
U.S. stock-market indexes began Monday morning trade modestly lower, with investors wringing their hands over signs of weakening global growth and the potential for any international slowdown to weigh on domestic expansion.
The Dow Jones Industrial Average was down 93 points, or 0.4%, at 26,839, th...
Monday, 23 September 2019 16:09 WIB
U.S. stock index futures were slightly higher Monday morning.
At around 01:50 a.m. ET, Dow futures rose 47 points, indicating a positive open of more than 80 points. Futures on the S&P and Nasdaq were both higher.
The moves in pre-market trade come after Chinese officials cut short their trip ...
Monday, 23 September 2019 15:26 WIB
Hong Kong stocks fell Monday, marking six straight losses, as investors fret over the China-US trade talks after Donald Trump said he did not want a piecemeal agreement.
The Hang Seng Index slipped 0.81 percent, or 213.27 points, to 26,222.40.
The benchmark Shanghai Composite Index fell 0.98 perce...
Monday, 23 September 2019 14:50 WIB
China stocks started the week on a soft note on Monday, as uncertainties around Sino-U.S. trade talks dampened risk appetite.
The blue-chip CSI300 index fell 1.1%, to 3,890.66, while the Shanghai Composite Index lost 1.1% to 2,977.08.
Washington and Beijing labelled the two-day talks last week as ...
Monday, 23 September 2019 14:16 WIB
European shares opened slightly lower Monday morning, as investors closely monitored global trade developments.
The pan-European Stoxx 600 was down around 0.2% shortly after the opening bell, with most sectors and major bourses in negative territory.
Market focus was largely attuned to the latest ...