Asia stocks cheer trade truce, bonds retreat
Monday, 1 July 2019 08:09 WIB |
MARKET UPDATE |Saham Asian Indeks MSCI Asia PasifikIndeksNikkei 225
Stocks rallied and bonds retreated in Asia on Monday as a thaw in the Sino-U.S. trade dispute tempered risks to the global economy, leading investors to pare wagers on aggressive policy easing by the major central banks.
The dollar gained on the safe-haven yen as Treasury yields jumped and futures reined in bets for a half-point rate cut from the U.S. Federal Reserve this month.
The initial reaction was one of relief that new tariffs were avoided and Japan's Nikkei climbed 1.6% to a two-month top. MSCI™s broadest index of Asia-Pacific shares outside Japan added 0.3%.
The United States and China agreed on Saturday to restart trade talks after President Donald Trump offered concessions including no new tariffs and an easing of restrictions on tech company Huawei in order to reduce tensions with Beijing.
Source : Reuters
Saturday, 7 December 2019 04:32 WIB
Hong Kong closed more than one percent higher Friday, boosted by renewed hopes that China and the United States will eventually reach a partial trade deal.
The Hang Seng index added 1.07 percent, or 281.33 points, to 26,498.37.
The benchmark Shanghai Composite Index added 0.43 percent, or 12.54 po...
Saturday, 7 December 2019 04:24 WIB
U.S. stocks closed solidly higher Friday, helping to wipe out or chip away at weekly losses, after an key employment report for November ignited bullish buying on Wall Street, adding to some modest progress toward a partial Sino-American trade agreement.
The Dow Jones Industrial Average gained 337 ...
Saturday, 7 December 2019 00:15 WIB
European stocks closed higher Friday as investors digested a better-than-expected nonfarm payrolls report from the U.S.
The pan-European Stoxx 600 closed higher 1.16% to 407.35 with every sector in the black. Sentiment was boosted after data showed the U.S. economy added 266,000 jobs in November. E...
Friday, 6 December 2019 23:47 WIB
U.S. stocks soared after a much better-than-expected employment report for November from the Labor Department which saw the economy create 266,000 new jobs, the most since January, and the unemployment rote fell to 3.5%, a 50 year low.
However, progress toward a partial U.S. - China trade deal rema...
Friday, 6 December 2019 21:43 WIB
Stocks rose sharply at the open Friday after a stronger-than-expected report on employment conditions in November.
The Dow Jones Industrial Average jumped 200 points, 0.7%, to open near 27,878, while the S&P 500 rose about 16 points or 0.5%, opening near 3,134. The Nasdaq was up about 63 points...