Stocks Gain in Asia, Yuan Rises on Trade Optimism
Monday, 25 February 2019 10:17 WIB |
MARKET UPDATE |Saham Asia Indeks MSCI Asia Pasifik
Asian stocks climbed with U.S. futures and the yuan rose after U.S. President Donald Trump postponed the date for boosting tariffs on Chinese imports, in the latest sign of progress in bilateral trade talks.
Chinese shares led the region higher after Trump said he will delay the March 1 deadline. Equities in Japan, whose economy has been hit by the trade war, also jumped, though rallies fizzled in South Korea and Australia. A gain in U.S. futures also faded after China™s state-run Xinhua news agency published a commentary saying talks will be harder at the final stage. The yuan and Australia™s dollar also pared advances. Treasuries recouped a modest loss.
The official delay from the U.S. may give fresh impetus to extend a global rally in equities that was being tested amid an uncertain future on global trade and forecasts for weakening economic growth. Also in focus this week will be the Humphrey-Hawkins hearing from Federal Reserve Chairman Jerome Powell, where investors will get the latest read on policy.
The MSCI Asia Pacific Index rose 0.5 percent as of 10:53 a.m. in Hong Kong.
Source : Bloomberg
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 ...