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Asian equities remain bunkered down - MarketPulse


Asian equities remain bunkered down
Posted 2 hours agoSharePrint
Quiet start for Asian markets
A quiet weekend of news, and a non-descript New York finish sees Asian markets content to remain hunkered down as the week starts, with much of Europe on holiday as well. On Friday, New York had a mixed finish with markets indulging in a bit of cyclical rotation after some tech gains in previous sessions. The S&P 500 slipped 0.07%, with the Nasdaq falling 0.48%, while the Dow Jones climbed by 0.37%. Futures on the S&P 500 and Nasdaq have advanced by 0.25% in Asia this morning, suggesting that last week’s rage-trading will continue this week. Taiwan has risen 0.40%. ....

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Asia shares spooked by US inflation scare, hope for Fed calm


SYDNEY: Asian shares slipped to seven-week lows on Thursday after a dismaying rise in U.S. inflation bludgeoned Wall Street and sent bond yields surging on worries the Federal Reserve might have to move early on tightening.
Higher inflation is a definite negative for equities, given the likely rates response, said Deutsche Bank macro strategist Alan Ruskin.
The more nominal GDP gains are dominated by higher inflation, especially wage inflation, the more the possible squeeze on profit margins. It plays to a more choppy, less bullish equity bias.
MSCI s broadest index of Asia-Pacific shares outside Japan lost 0.6%, though trade was thinned by holidays in a number of countries. ....

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Market global cues I US Futures rise despite President's Day holiday; WTI hits breaches pre-pandemic $60-mark


Updated Feb 16, 2021 | 07:32 IST
Stocks in Asia-Pacific rose in Tuesday morning trade. Japan s Nikkei 225 advanced 0.74% in early trade, Topix index gained 0.43% while South Korea Kospi edged 0.52% higher.
US Futures rise despite President s Day holiday 
The US stock market was closed Monday to mark Presidents Day but Dow Futures rose 215 points overnight. Stocks look poised to hit new record levels, the S&P 500 Futures contract added 22.5 points or 0.5%. The Nasdaq 100 Futures gained 76 points or 0.5%
Stocks in Asia-Pacific rose in Tuesday morning trade. Japan s Nikkei 225 advanced 0.74% in early trade, Topix index gained 0.43% while South Korea Kospi edged 0.52% higher. Stocks in Australia also gained with the S&P/ASX 200 edging 0.46% higher. The mainland Chinese markets are closed on Tuesday for the Lunar New Year holiday ....

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Equity markets retreat in Asia - MarketPulse


Equity markets retreat in Asia
January 22, 2021SharePrint
Asian markets lower as caution is the word
Wall Street was marked by a mixed session overnight. The S&P 500 was almost unchanged, while the Nasdaq got an Apple VR boost, rising 0.55%. The Dow Jones suffered big-oil executive order fatigue, finishing 0.04% lower. The bickering between the Senate leaders hitting the wires this morning has sent US index futures sharply lower, however, with Dow futures down 0.50% and S&P and Nasdaq futures falling 0.40%. With the Senate split on a 50-50 basis, it is not a major surprise that we are seeing fault lines begin to emerge along party lines, with possible fireworks not too far away. ....

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