All articles tagged with #asia pacific stocks
Asia-Pacific stocks mostly rose after U.S. President Trump signed a funding bill ending the government shutdown, with Japan's Nikkei reaching a record high, while markets in Australia, Hong Kong, and India showed mixed results amid various economic updates.
Asian stocks rose for the fourth consecutive day amid optimism about US Federal Reserve rate cuts, driven by hopes of easing monetary policy to support corporate earnings. US markets rebounded after a recent selloff, with traders anticipating multiple rate cuts this year. Meanwhile, China's export growth slowed, and political changes in Indonesia added to regional market dynamics. Investors are closely watching upcoming US inflation and jobs data to gauge the Fed's next move, with a generally optimistic outlook for stocks despite inflation concerns.
Asian stocks declined amid fading trade deal optimism and cautious investor sentiment ahead of key US and global economic data releases, including the Federal Reserve's policy decision, with markets closely watching trade negotiations and economic indicators to gauge future policy moves.
Asia-Pacific markets declined amid ongoing trade negotiations and regional conflicts, with Vietnam reaching a 39-month high, Japan considering rate hikes, and tensions escalating between Thailand and Cambodia, while US markets closed higher.
Asia-Pacific stocks rose on Thursday as investors anticipate a rate cut from the European Central Bank, with softer U.S. labor market data fueling hopes that the Federal Reserve might follow suit. Japan's Nikkei 225, Australia's S&P/ASX 200, and Hong Kong's Hang Seng index all saw gains. In the U.S., Nvidia led major tech stocks higher, contributing to record closes for the S&P 500 and Nasdaq Composite.
Asian stocks reached a seven-month high as investors anticipated a potential rate easing cycle led by major central banks, with Japan being an outlier amid expectations of the Bank of Japan exiting negative interest rates. The dollar and Treasury yields remained under pressure, and global stock indexes rallied to record highs following the European Central Bank's potential rate cut and Federal Reserve Chair Jerome Powell's similar tone on U.S. rates. Focus now turns to the closely watched nonfarm payrolls report for further clues on the U.S. rate outlook, while the prospect of an imminent Fed easing cycle kept the dollar broadly weaker.
Asia-Pacific markets traded mixed as Hong Kong stocks led declines and Japan's Nikkei 225 gave up gains, following a pause in Wall Street's rally. Major economic data this week include China's manufacturing purchasing managers' index and the U.S. personal consumption expenditures price index data. Paytm shares rose after CEO exited payments bank board, while Japan's January core consumer prices cooled year-over-year. In the crypto market, stocks tied to the price of bitcoin surged as the cryptocurrency broke through $54,000 for the first time since December 2021.
Asia-Pacific markets traded mixed with Hong Kong's Hang Seng index jumping 1.86% while Japan's Nikkei 225 lost 0.26% as business sentiment among large manufacturers soured. Japan's exports rose 11.9% in January, beating estimates, but the country posted a trade deficit of 1.758 trillion yen. Australia's annual wages rose at the fastest pace in 15 years, and U.S. crude oil futures pulled back after hitting a three-month high due to the conflict in the Middle East. HSBC reported a 78% jump in pre-tax annual profit, missing market estimates, and its Hong Kong shares dipped more than 2%.
Asia-Pacific stocks mostly rose as investors assessed corporate earnings and China's efforts to bolster its market. DBS Group reported a 2% increase in fourth quarter net profit, while China's biggest chipmaker SMIC warned of persistent global macroeconomic headwinds and geopolitical tensions. Electric vehicle shares listed in Hong Kong rose after China's commerce ministry released a plan for the healthy development of new energy vehicles. Meanwhile, Japan's Nikkei fell, and Australia's Santos was the biggest loser on the S&P/ASX 200 after merger talks with Woodside ended. Additionally, DBS shares rose as it reported higher Q4 profit and cut pay for its CEO, and New Zealand posted a lower-than-expected unemployment rate for the fourth quarter.
Asian markets declined as China's property stocks plunged, leading to a drop in the Chinese market, while Japan's service inflation reached a 45-month high. China's industrial profits continued to shrink in November, but at a slower pace, indicating an uneven post-pandemic recovery. The Beijing Stock Exchange has asked major shareholders of listed companies not to reduce holdings to maintain market excitement. Hong Kong-listed China property stocks fell amid an investigation into debt-laden Chinese shadow bank Zhongzhi Enterprise Group. Japan's Sumitomo Mitsui Financial Group CEO Jun Ohta passed away at 65. Japan's services inflation rate hit a 45-month high in October.
Asia-Pacific stocks traded mixed as investors awaited the U.S. jobs report, which could impact the Federal Reserve's decision on interest rates. Hong Kong's Hang Seng Index rose over 2%, led by gains in financials and technology stocks. The Reserve Bank of India kept interest rates unchanged at 6.5% due to concerns about high inflation. Natural gas prices jumped after data showed higher exports and inventories above the five-year average. Gold touched its lowest level since March, and OPEC may intervene if oil prices continue to decline.