Tag: Asian markets
- 15 Sep
Asian stocks rise on China data, Fed rate hike bets
Asian stocks rose on Friday, led by gains in China, after better-than-expected economic data and expectations that central bank tightening cycles were nearing their end. The dollar held near a six-month high against major peers, while the euro slipped after the ECB signaled that Thursday's rate hike was probably the last this cycle.
- 14 Sep
Asian stocks rise as traders turn to ECB meeting
Asian equities rose on Thursday as traders turned their attention to the European Central Bank's monetary policy decision later in the day. The ECB is widely expected to raise interest rates by 10 basis points, its first hike in more than a decade. Oil prices also rose to a seven-year high, supported by supply concerns and the prospect of a prolonged conflict in Ukraine.
- 13 Sep
Asian equities subdued ahead of US inflation data, oil prices firm
Asian equities were subdued on Wednesday as investors awaited key US inflation data. Oil prices extended gains on persistent supply concerns, while the euro edged higher and markets moved to favor a rate hike from the European Central Bank (ECB) on Thursday.
- 13 Sep
Asian companies in a better position than Western peers in rising interest rate environment
Asian companies are in a better position than their Western counterparts in the prevailing interest rate scenario, as they have lower gearing and more net cash. This is particularly true for the "Atoms" side of the market, which includes asset-heavy companies such as those in the Chinese EV space. Investors who have paid attention to this side of the market have been rewarded.
- 12 Sep
Asian stocks were mixed on Tuesday as investors awaited US inflation data and ECB meeting.
Asian stocks were mixed as investors awaited US inflation data and ECB meeting. Dollar took a breather, yen and yuan strengthened. Oil prices were steady and gold prices held on. The US inflation data is due on Wednesday and is expected to show annualized core inflation falling to 4.3% in August. Investors will be watching for any hints about future policy from the ECB meeting on Thursday
- 11 Sep
Asian Stocks Dip as Investors Await US Inflation Data
Asian equities edged lower on Monday ahead of key inflation data from the US and the Federal Reserve's next monetary policy decision. Investors are expecting the Fed to raise rates by 25 basis points in September, but the timing of any further hikes is uncertain. The strength of the US dollar is also weighing on sentiment in Asia.