Daily Analysis

CMS DAILY MARKET REPORT 16 JULY 2019

ASIAN STOCKS TRADING HIGHER TODAY
 Asian equities are trading  higher as U.S. retail sales data and corporate earnings will dictate the health of economy along with likely U.S. rate cut this month. MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) is 0.17%. Japan’s Nikkei stock index edged lower around  0.74% after it opened today.

2019-07-16 READ MORE

CMS DAILY MARKET REPORT 15 JULY 2019

ASIAN STOCKS START THE WEEK ON A POSITIVE NOTE
Asian shares rose on Monday  after Chinese central bank injected stimulus to stabilize the market. MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) gave up losses to be 0.2% further,  Japan is shut for a public holiday today.

2019-07-15 READ MORE

CMS DAILY MARKET REPORT 12 JULY 2019

ASIAN STOCKS MIXED ON FRIDAY
Asian stocks largely remained muted  on Friday as key events during the day will be  China trade and lending data . MSCI’s broadest index of Asia-Pacific shares outside Japan MIAPJ0000PUS was  up 0.1%,  Australian shares AXJO lost  0.1% and Japan’s Nikkei  rose up tp 0.14%

2019-07-12 READ MORE

CMS DAILY MARKET REPORT 11 JULY 2019

ASIAN STOCKS ROSE ON THURSDAY
Asian stocks  followed the gains on Wall street   along with fall in dollar  after Federal Reserve Chair Jerome Powell strengthened prospects of  rate cut later this month. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS  gained  0.8%, while Japan Nikkei .N225  was up  0.4%.

2019-07-11 READ MORE

CMS DAILY MARKET REPORT 10 JULY 2019

US CHINA TRADE WAR TAKE TOLL ON ASEAN ECONOMY
U-China trade war has a deeper impact on the ASEAN economies as  outlook  once again been revised downward which has caused exports to fall across the region. The 2019 growth forecast for the five Association of Southeast Asian Nations members was 4.3% it is a fourth consecutive downward revision since a survey in September 2018.

2019-07-10 READ MORE

CMS DAILY MARKET REPORT 09 JULY 2019

ASIAN MARKET SUBDUED ON TUESDAY
Asian stocks extended the previous day looses with no trigger  for market to rebound. MSCI’s broadest index of Asia-Pacific shares outside Japan marginally  up 0.1%. Japan’s Nikkei gained  0.5% as yen depreciate against dollar.

2019-07-09 READ MORE

CMS DAILY MARKET REPORT 08 JULY 2019

ASIAN MARKET TAP ON A WEAKER NOTE
Asian stocks trading lower on Monday as investors wary  of Fes rate cut after  after strong U.S. jobs data. The  shares  broadly weaker following  Wall Street which fell from record highs last week. MSCI’s broadest index of Asia-Pacific shares outside Japan MIAPJ0000PUS was down 1%.Japan’s Nikkei looses   0.9% and Hong Kong’s Hang Seng index (HSI) down 1.5%, South Korea’s KOSPI (KS11) was off 1.8% and Australian browser  (AXJO)  was down by  about 1% .

2019-07-08 READ MORE

CMS DAILY MARKET REPORT 05 JULY 2019

ASIA, AFRICA AND LATIN AMERICA TO DRIVE IT EXPORTS IN 2019
As per the Economic survey  demand from Asia pacific countries, Latin America and Middle East Asia  and new opportunities are emerging for expanding in continental Europe, Japan and China  which will drive  drive growth for exports in IT/ITeS sector in the coming years as per the Economic Survey 2019.

2019-07-05 READ MORE

CMS DAILY MARKET REPORT 04 JULY 2019

ASIAN MARKET MUTED ON TRADE TALKS EXPECTATIONS
Asian stocks trading on lackluster note on  Thursday. Investor sentiments were  worried on the ongoing trade war as US said will seeing face to face with china. China’s Shanghai Composite was down  0.2% , Hang Seng Index slipped  below 0.1% ,  Japan’s Nikkei 225 was up 0.1% & South Korea’s KOSPI was  changed.

2019-07-04 READ MORE

CMS DAILY MARKET REPORT 03 JULY 2019

ASIAN MARKET FALLS ON RENEWED TRADE WORRIES
Asian shares fell on Wednesday, as escalating trade worries undermines trader’s sentiments. The Shanghai composite was lower by 0.75% and the Shenzhen component shed 0.59%. Hong Kong’s Hang Seng index slipped 0.35% and the Nikkei 225 slipped 0.59%.

2019-07-03 READ MORE