Daily Wrap – Friday, March 3, 2023

3 Mar, 2023 | Wraps

In Asian Equity Markets stocks rose on Friday on prospects for a steady economic recovery in China, and after Wall Street reversed losses overnight following remarks by the Atlanta Federal Reserve chief that signalled a measured approach raising U.S. interest rates....

Daily Wrap – Thursday, March 2, 2023

2 Mar, 2023 | Wraps

In Asian Equity Markets stocks were a mixed bag on Thursday as markets weighed a potential Chinese economic recovery against concerns over rising inflation and interest rates in the rest of the globe. China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes...

Daily Wrap – Wednesday, March 1, 2023

1 Mar, 2023 | Wraps

In Asian Equity Markets Chinese bourses led gains across Asian stock markets on Wednesday after data showed that business activity in the country rose to pre-COVID levels, although lingering fears of rising U.S. interest rates and weak data from other regions kept...

Daily Wrap – Tuesday, February 28, 2023

28 Feb, 2023 | Wraps

In Asian Equity Markets stocks sank on Tuesday as fears of rising U.S. interest rates continued to batter regional sentiment, although markets held out for data this week that could signal a Chinese economic recovery. China’s Shanghai Shenzhen CSI 300 and Shanghai...

Daily Wrap – Monday, February 27, 2023

27 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Monday as stronger-than-expected U.S. inflation data ramped up concerns over rising interest rates and a hawkish Fed, while uncertainty over upcoming Chinese economic indicators also weighed. China’s Shanghai Shenzhen CSI 300 and...

Daily Wrap – Friday, February 24, 2023

27 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Friday as uncertainty over U.S. monetary policy triggered sharp losses in technology stocks, while Japan’s Nikkei index rallied as the incoming head of the Bank of Japan vowed to maintain ultra-loose policy. The Nikkei 225 jumped...

Daily Wrap – Thursday, February 23, 2023

27 Feb, 2023 | Wraps

In Asian Equity Markets stocks retreated on Thursday amid persistent fears of rising U.S. interest rates, although a stronger-than-expected revenue forecast from Nvidia boosted regional technology stocks, particularly those of chipmakers. The Taiwan Weighted index was...

Daily Wrap – Wednesday, February 22, 2023

27 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Wednesday tracking overnight losses on Wall Street, with technology-heavy indexes losing the most as caution kicked in ahead of the minutes of the Federal Reserve’s February meeting. Japan’s Nikkei 225, the Taiwan Weighted index,...

Daily Wrap – Tuesday, February 21, 2023

21 Feb, 2023 | Wraps

In Asian Equity Markets stocks kept to a tight range on Tuesday as traders awaited more cues on U.S. monetary policy from a slew of Fed indicators this week, while focus also remained on a Chinese economic recovery. Hong Kong’s Hang Seng index was the worst performer...

Daily Wrap – Monday, February 20, 2023

20 Feb, 2023 | Wraps

In Asian Equity Markets stocks kept to a tight range on Monday as markets awaited more cues on monetary policy from a slew of Federal Reserve events this week, while Chinese stocks rose sharply on the prospect of more stimulus spending by the government. China’s...

Daily Wrap – Friday, February 17, 2023

17 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Friday and were set for weekly losses as hotter-than-expected U.S. inflation data and more hawkish signals from the Federal Reserve drove up concerns that interest rates will keep rising. Technology-heavy bourses were among the...

Daily Wrap – Thursday, February 16, 2023

16 Feb, 2023 | Wraps

In Asian Equity Markets stocks recovered sharply from recent losses on Thursday as affirmations of more Chinese stimulus boosted regional sentiment, with Hong Kong’s Hang Seng index leading gains after Micheal Burry’s Scion Asset Management was seen buying heavily...

Daily Wrap – Wednesday, February 15, 2023

15 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Wednesday after stronger-than-expected U.S. inflation readings ramped up fears of more hawkish moves from the Fed, with regional technology stocks bearing the brunt of losses. TSMC fell over 3 percent and was the biggest weight...

Daily Wrap – Tuesday, February 14, 2023

14 Feb, 2023 | Wraps

In Asian Equity Markets stocks rose on Tuesday tracking some overnight strength in Wall Street, although caution in anticipation of more cues on the U.S. economy from key inflation data kept most bourses trading within a small range. South Korea’s KOSPI and the Taiwan...

Daily Wrap – Monday, February 13, 2023

13 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Monday as traders hunkered down ahead of more cues on monetary policy from key U.S. inflation data due this week, while Chinese stocks rose as investors continued to bet on a reopening-led recovery this year. Japan’s Nikkei 225...

Daily Wrap – Friday, February 10, 2023

10 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Friday and were set to end the week lower as rising U.S. Treasury yields ramped up fears of a looming recession, while weaker-than-expected Chinese inflation data also weighed on regional sentiment. China’s Shanghai Shenzhen CSI...

Daily Wrap – Thursday, February 9, 2023

9 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Thursday following a string of hawkish comments from Federal Reserve officials, while Chinese stocks outperformed their peers amid persistent bets that the world’s second-largest economy will recover this year. China’s Shanghai...

Daily Wrap – Wednesday, February 8, 2023

8 Feb, 2023 | Wraps

In Asian Equity Markets stocks rose on Wednesday after Federal Reserve Chair Jerome Powell struck a less hawkish tone than feared during a recent speech, while Japan’s Nikkei lagged on a slew of weak earnings. Technology-heavy bourses tracked overnight gains on Wall...

Daily Wrap – Tuesday, February 7, 2023

7 Feb, 2023 | Wraps

In Asian Equity Markets stocks rose on Tuesday as major regional bourses recouped some recent losses, although gains were limited in anticipation of more economic cues from an address by Fed Chair Jerome Powell. Chinese markets were slightly higher, with the Shanghai...

Daily Wrap – Monday, February 6, 2023

6 Feb, 2023 | Wraps

In Asian Equity Markets stocks fell on Monday amid fears of worsening Sino-U.S. relations after the shooting down of a suspected Chinese spy balloon, while markets also reassessed their outlook on U.S. monetary policy following strong payrolls data. Chinese markets...
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