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April 24, 2024
Asian equities had a strong day, with Japan, Hong Kong, South Korea, and Taiwan posting +2% returns, with Australia the only market down overnight.
April 23, 2024
Asian equities were largely higher as Hong Kong and Singapore outperformed while Mainland China was off.
April 22, 2024
Asian equities had a strong day as Middle East tensions eased, except for Mainland China, which underperformed.
April 19, 2024
Asian equities were mixed overnight as China markets declined though Mainland held up better than Hong Kong, which has been a theme of late. Israel striking Iran means global traders went risk off overnight, though US equities are slightly up this morning.
April 18, 2024
Asian equities were mostly higher overnight as calm was restored in global markets following a week of geopolitical jitters.
April 12, 2024
Asian equities ended the week with a thud, with Indonesia and Pakistan closed for Eid al-Fitr. The US dollar was a wrecking ball overnight, causing the Asia Dollar Index to decline by -0.19% as the South Korean Won underperformed by -0.89% overnight, with the US 10-year Treasury yield over 4.5%.
April 11, 2024
Asian equities were mixed overnight following a rough day in US stocks, which fell due to hot US inflation, providing further reinforcement to the higher-for-longer narrative.
April 10, 2024
Asian equities were mixed overnight ahead of US inflation data, which came in ahead of estimates, as Hong Kong outperformed significantly.
April 9, 2024
Asian equities were mixed overnight on light volumes in advance of US inflation data tomorrow, with Indonesia, Malaysia, and the Philippines closed for holiday.
April 8, 2024
Asian equities were mixed but mostly higher as Mainland China fell while Indonesia and Thailand were on holiday. Hong Kong bounced around the room to manage a small gain for the session, though growth stocks underperformed.