Asian market update

[SavantK]

I'm also interested on the correlation between those two huge markets and its shares...
thnx.

hey there R

what are your thoughts on how Asian markets correlate to western ones ?

N

 

[Ritika Sharma]

Asian shares rose to their highest in seven months on Thursday, buoyed by a surge in U.S. housing starts that has followed other positive economic data, helping to further ease worries about a slowdown in global growth.

 

[Ritika Sharma]

Asian shares eased on Friday as markets consolidated gains from a three-day rally, while the euro remained underpinned by easing tension over the euro zone's debt crisis.

 

[Ritika Sharma]

Asian shares fell on Monday as risk sentiment was dented by lacklustre earnings from leading U.S. companies, and a bigger than expected fall in exports from Japan, a key driver of the world's third-biggest economy.

 

[Ritika Sharma]

Asian shares edged higher on Tuesday but sentiment was cautious, after global shares faltered overnight on weak corporate results and outlook, and with Asia's corporate reporting season underway.

 

[Ritika Sharma]

Asian shares edge higher on Thursday as signs of recovery in China and the United States ease fears of deteriorating global growth, but sentiment remains vulnerable with weak corporate earnings continuing to undermine investor confidence.

 

[Ritika Sharma]

:clap::clap:Asian shares edged higher after global equities ended last week on a subdued note, with investors torn between signs of stable growth in the United States and caution over the global corporate earnings outlook.

 

[Ritika Sharma]

Asian shares were subdued on Tuesday after Sandy curtailed activity in U.S. markets overnight, while the dollar held gains against the yen ahead of a widely expected policy easing by the Bank of Japan later in the session.

 

[Ritika Sharma]

Asian shares fell on Thursday as China's official manufacturing PMI, while confirming a trend toward recovering growth, lacked the punch to convince investors that the slowdown was bottoming out.

 

[Ritika Sharma]

:clap:Asian shares advanced with returning risk appetite on Friday as overnight data suggested some stabilisation in the global recovery trend, particularly in the United States and China.

 

[Ritika Sharma]

Asian shares fell on Monday, tracking a sell-off in global shares late last week, as investors continued to shed risk ahead of the closely fought U.S. presidential election and looked past a strong U.S. jobs data to fragile economic growth worldwide.

 

[Ritika Sharma]

Asian shares steadied on Tuesday with investor risk appetite curbed by uncertainty over the outcome of the U.S. election and renewed doubts over Greece's political ability to push fiscal reforms.

 

[Ritika Sharma]

Asian shares extended losses on Friday, weighed down by worries over the risk of a recession in the world's largest economy as the United States faces a looming fiscal crisis and by uncertainty over a bailout for Greece, which kept sovereign bonds firmly bid.

 

[HKT]

Ritika - have you ever considered reporting on/valuing Asian sharemarket movements, adjusted to be valued in USD? (Ie, currency adjusted?). What you might find is that a nominal movement, when currency adjusted, might look quite different. So, for example, if you look at an index falling.3%, but the USD fell 1% during the same period, then actually, arguably, the index has risen .7% when measured in USD.

PS - for anyone interested in specifically my Hong Kong stock suggestions see http://www.trade2win.com/boards/stocks/160028-best-hong-kong-listed-china-stocks.html

 

[Ritika Sharma]

Asian shares rose on Monday, boosted by a positive tone in U.S. equities last week, while the yen fell to a near seven-month low against the dollar on expectations a new government after next month's election in Japan may deliver more stimulus.'

 

[Ritika Sharma]

Asian shares rose on Tuesday on hopes of a compromise in the U.S. fiscal crisis, while the euro fell after Moody's Investors Service scrapped France's top-notch credit rating, reminding investors of the downside risk from the euro zone debt woes.

 

[Ritika Sharma]

Asian shares rose on Thursday as China's manufacturing sector expanded for the first time in 13 months in November, adding to optimism that global growth slowdown may have turned a corner after firm U.S. factory data.

 

[Ritika Sharma]

Asian shares rose on Monday on the hope Greece can avoid a near-term bankruptcy, with euro zone finance ministers meeting later in the day, but a regional Spanish vote favouring separatist parties clouded Madrid's push for fiscal austerity

 

[Ritika Sharma]

Asian shares climbed for a seventh consecutive day on Tuesday while commodities rose and the dollar eased after a deal on new debt targets for Greece and a political agreement on disbursing the next installment of aid

 

[Ritika Sharma]

Asian shares ended a seven-day winning streak on Wednesday and commodities eased as investors fretted that a lack of progress in talks on U.S. budget woes risked putting the world's largest economy into recession, dragging down global growth with it.:clap: