Daily Market Outlook 1 August
Asian shares hit a one-year high on Monday after disappointing U.S. economic growth data reduced expectations that the U.S. Federal Reserve will raise interest rates in the next few months. U.S. gross domestic product increased at a 1.2 percent annual rate in the...
Daily Market Outlook 29 July
Asian shares slipped after touching a near one-year peak on Friday, while Japanese stocks tumbled and the yen strengthened as the Bank of Japan's fresh stimulus measures disappointed markets. The BOJ modestly increased purchases of exchange-traded funds, but...
Daily Market Outlook 20 July
Profit taking weighed on Asian stocks on Wednesday after a record run on Wall Street showed signs of petering out, while the dollar hovered near a four-month high against a basket of currencies following upbeat U.S. data. Investors' risk appetite, which has...
Daily Market Outlook 18 July
The U.S. dollar gained on the yen in Asia on Monday as investors unwound safe-haven trades in the wake of the failed coup in Turkey, while a giant takeover bid in the tech sector and the promise of central bank stimulus lent support to equities. Ankara said it was...
Daily Market Outlook 14 July
Asian shares remained near an eight-month high on Thursday as investors bet the Bank of England will cut rates to ward off recession following Britain's vote to leave the European Union. U.S. stocks ticked up on Wednesday, just enough for the S&P 500 and Dow...
Daily Market Outlook 12 July
Asian stocks rose to a 2-1/2-month peak on Tuesday, a day after Wall Street shares hit a record high thanks to a combination of upbeat U.S. data and expectations of more stimulus from global policymakers. Globally low interest rates from central bank stimulus in...
Daily Market Outlook 11 July
Asian share markets enjoyed a relief rally on Monday as upbeat U.S. jobs data lessened immediate concerns about the health of the world's largest economy, while the long-run fallout from Brexit kept sovereign yields near record lows. Prime Minister Shinzo Abe's...
Daily Market Outlook 5 July
Asian shares snapped a five-day winning streak on Tuesday as investors took stock of a rally driven by hopes that central banks will provide more stimulus to offset a likely downturn triggered by Brexit. Chinese shares rose, with the CSI 300 .CSI300 up 0.3 percent...
Daily Market Outlook 4 July
British finance minister George Osborne is planning to cut Britain's corporation tax to less than 15 percent in an attempt to offset the shock to investors of the country's decision to leave the European Union, the Financial Times reported on Sunday. Osborne was...
Daily Market Outlook 30 June
Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen was held in check as global markets regained a semblance of calm after the Brexit shock. U.S. President Barack Obama said on Wednesday he expects the world...
Daily Market Outlook 29 June
Asian share markets joined a global rebound on Wednesday as the immediate drag from the Brexit vote began to ebb and investors wagered central banks would ultimately ride to the rescue with more stimulus measures. Any bounce was welcome, given global equity...
Daily Market Outlook 27 June
Asian stocks fell and the British pound tumbled more than 2 percent on Monday as markets struggled to shake off deep uncertainty sparked by Britain's decision to leave the European Union. Sentiment remained weak and trading was volatile, even if the worst of the...
Daily Market Outlook 20 June
Sterling rallied early on Monday as momentum swung in favor for Britain to remain in the European Union just days ahead of a referendum, helping underpin risk sentiment which in turn weighed on the safe-haven yen. Investors took heart after three of six opinion...
Daily Market Outlook 17 June
Asian shares rose on Friday, but were set for weekly losses as investors favored safe haven assets due to fears that Britain will vote to quit the European Union, though the killing of a pro-EU lawmaker was seen swaying sentiment toward the "Remain" camp...
Daily Market Outlook 16 June
The U.S. Federal Reserve kept interest rates unchanged on Wednesday and signaled it still planned to raise rates twice in 2016, though it said slower economic growth would crimp the pace of monetary policy tightening in future years. The central bank's decision to...