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.
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.
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%
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%.
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.
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.
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% .
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.
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.
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%.