Tag: Stocks

Asian Stocks Rise on Earnings Hopes; Yen Declines: Markets Wrap

China stocks, bonds jump after central bank cuts banks’ RRR S&P 500 climbed 1.1% Tuesday as earnings encouraged investors hit on ZTE Corp. with agricultural duties. The S&P 500 Index climbed to the highest in four weeks. Investor sentiment got a boost from geopolitics, with President Donald Trump saying the U.S. and North Korea have already …

Asian Stocks Mixed After China Data; Dollar Steady: Markets Wrap

China GDP in line with expectations in 1Q; retail sales gained S&P 500 climbs to highest in almost a month, VIX declines accused Russia and China of devaluing their currencies, contradicting an assessment from the Treasury Department. Treasury yields were steady and West Texas crude futures traded below $67 a barrel. While geopolitical concerns linger, investor …

Russian Assets Rally on Report Trump to Roll Back New Sanctions

reputational damage. Here’s what analysts and strategists have been saying: Wells Fargo’s Nelson: “There could still be some headlines around tensions and possible further actions, but generally speaking we think that any possible further ruble weakness would be modest, while we still see a moderate ruble recovery over time” Forecast ruble gaining to 60 per dollar …

Arab Stocks Advance as Jitters Over U.S. Strike in Syria Fade

Stocks in Riyadh lead gains, rise the most in almost 10 months Main equities benchmark in Dubai climbs the most since June Read More: Analysts Say Syria Strike Isn’t Causing Panic in Mideast Markets Saudi Arabia’s stocks on Wednesday fell the most since October after U.S. President Donald Trump’s comments on Twitter suggested that strikes against …

Asia Stocks Up as Trade Concerns Ease; Dollar Flat: Markets Wrap

Trump reconsiders TPP, says China tariffs may not happen Equities higher in Hong Kong, Japan, Australia, South Korea tightening in monetary policy amid solid economic growth prospects for 2018 evaporated. Trade tensions between the U.S. and China that have gripped traders’ attention in recent weeks were also defused as Trump said that the two countries may …

Asia Stocks Mixed as Geopolitics, Fed Risks Mulled: Markets Wrap

Fed meeting minutes show faster tightening schedule considered Syria tensions, U.S. special-counsel investigation in focus escalating tensions in the Middle East and a provocative comments by President Donald Trump about Russia and his warning of preparations to attack Syria. Hong Kong’s dollar fell to the weak end of its permitted band for the first time since …

Fed Minutes to Hint at How Trade Spat Could Affect Outlook

Federal Reserve policy makers have been publicly cautious about what a U.S. trade dispute with China could mean for their outlook if it escalates, but investors will get a peek at what they really think when the central bank publishes an account of its March meeting. “For now, the stock market is very hung up on …

Stocks in Asia Trade Mixed as Dollar Steadies: Markets Wrap

Asian stocks fluctuated amid a lack of fresh impetus after an apparent easing of trade tensions between the U.S. and China triggered a buoyant session Tuesday for global equities and a renewed vigor in favor of risk appetite. With little in the way of new catalysts, indexes across the region struggled for direction. Shares in China …

Asian Stocks, U.S. Futures Bounce on Xi’s Address: Markets Wrap

Risk appetite showed signs of returning in markets as China’s President Xi Jinping struck a conciliatory tone, lifting U.S. equity index futures and stocks in Asia, while safe haven assets retreated. Stocks from Sydney to Hong Kong rose, though volumes remained subdued. Xi said Cold War and zero-sum mentalities were “out of place,” and backed free …
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