Page 29 - Asian Markets

Indian shares set to fall on hawkish US Fed despite slower rate hike

Asian markets were also off to a tepid start, with the MSCI Asia ex Japan sliding 1.02%

ADB cuts developing Asia's GDP outlook for 2023 amid global growth concerns

Growth in China, the largest economy in Asia, is expected to slow in 2022 to 3% against a 3.3% expansion predicted in a September report

Investors see growth in Asian equities, currencies as US CPI eases

The consumer price index reading supports forecasts for the Federal Reserve to reduce the pace of monetary tightening

Asian stocks lower as China 'drastically' scales back zero-Covid curbs

Shares fell in Asia on Wednesday with Hong Kong's benchmark down more than 2% even as Beijing announced it was drastically scaling back its zero-COVID" policies, shifting away from trying to isolate every single case. The Hang Seng index in Hong Kong fell 2.5% to 18,949.24 and the Shanghai Composite index was down 0.4% at 3,199.62. The National Health Commission's announcement ended a requirement for COVID-19 tests and a clean bill of health to be displayed on a smartphone app in most places, apart from vulnerable areas such as nurseries, elderly care facilities and schools. It also limited the scale of lockdowns to individual apartment floors and buildings, rather than entire districts and neighbourhoods. Experts say it might be at least mid-2023 before controls that disrupt travel, trade and industry can be lifted completely, but world markets have gyrated on speculation that major changes might be coming, helping return the world economy to a post-pandemic normal." Tokyo's Nikke

Growing China unrest over strict Covid curbs spooks investors in Asia

Investors are readying for a dip as markets open in Asia to news of growing unrest in China over Covid restrictions

A great rotation brewing in Asia as investors head northern markets

Strategists at Goldman Sachs Group Inc. expect Asia's equity leadership to shift from Southeast Asia and India to markets like China and Korea next year

Asian shares higher on signs of Fed rate hike slowdown, China stimulus

Asian shares tracked Wall Street higher on Thursday, buoyed by signals the US Federal Reserve may slow the pace of interest rate hikes and news of fresh economic stimulus from China

Asia share markets gain despite Chinese Covid case numbers rising

Asian share markets were mostly in positive territory on Wednesday despite rising Covid cases in China

Markets follow Asian peers to end in red; Sensex ends 170 points lower

The 30-share BSE Sensex declined 170.89 points or 0.28 per cent to settle at 61,624.15. During the day, the index touched its 52-week high of 61,916.24 and fell to 61,572.03

Asian share markets pause as US Fed Reserve warns against exuberance

A modest miss on U.S. inflation was enough to see two-year Treasury yields dive 33 basis points for the week and the dollar lose almost 4%

China leads Asia stocks higher, dollar advances as Fed rate hikes loom

MSCI's broadest index of Asia-Pacific shares outside Japan was 1.09% higher, while Australia's S&P/ASX 200 index rose 0.27%.

Rupee seen up tracking recovery on Asian peers; US jobs data eyed

The rupee is tipped to open at around 82.70-82.75, compared with 82.88 in the previous session.

Barclays builds up Asia business, sees growth in India, Australia

The British lender has been re-building its Asian business after a global restructuring in 2016

Bearish bets on Asian FX stay firm on towering dollar, slowdown fears: Poll

Bearish bets on Asian currencies stayed firm due to the unrelenting strength of the US dollar, as ultra-hawkish posturing by most central banks globally stoked fears of recession, a poll showed

Asia stocks slide as investors lose risk appetite, bond yields rise

Asian share markets fell on Thursday as investor fears over a looming recession crimped risk appetite, while Treasury yields rose on expectations that the Federal Reserve will remain aggressive

Markets may bottom out soon, but a sustained recovery is unlikely: Nomura

A sustained recovery in Asian markets, Nomura said, will largely depend on how the Covid situation and the ensuing curbs put in place to combat the pandemic in China plays out going ahead

Markets rally for 3rd day amid firm global trends; Sensex up 549 points

Stock exchanges in Europe were trading in the positive territory in mid-session deals

Asian stocks wallow at two-year lows; dollar wallops pound and yen

Asian stocks wallowed at two-year lows, after a strengthening dollar, instability in the UK bond market, and upcoming US inflation data spelled a wild session on Wall Street

Low volatility in stock markets signals some respite for Asia: Report

Implied volatility tends to rise when asset prices suffer a downtrend, as investors snap up put options to hedge against further losses. It typically falls in bullish markets

Oil jumps more than 3% in Asian trade as OPEC+ mulls cuts up to 1 mn bpd

Oil prices jumped more than 3% in early Asian trade on Monday as OPEC+ considers cutting output of up to 1 million barrels per day at a meeting this week to support the market