Category: Markets Daily

Equity futures rose in Australia, Japan and Hong Kong amid curbs. Tuesday saw the Nasdaq rose by 0.2%. The S&P 500 and the Dow Jones both rose less than 0.1% backed by the tech and retail sector, with financials lagging behind. Asian shares are set to open steady after investor optimism on the economy grows and...

Equity futures pointed lower in Australia and Japan, but higher in Hong Kong amid curbs. Monday saw the S&P 500 lifted 0.2% to another record high. The Nasdaq also reached a fresh high, lifted 1% backed by the likes of Apple, Amazon, and Zoom. The Dow Jones, on the other hand, was down 0.4%.  Treasury rose...

Equity futures were little changed in Australia, Japan, and Hong Kong as investors assess the pace of economic recovery. Last week the S&P 500 had its best week since February, which lifted 2.7% with financial and retail shares outperforming tech giants; the Dow Jones lifted 3.4%, and the Nasdaq rose by 2.4%.  Treasury yields lifted on...

Equity futures advanced in Australia, Japan, and Hong Kong following another record close in the US fuelled by a bipartisan $579 billion U.S. infrastructure deal that stoked economic optimism. The Dow Jones index lifted by 1% overnight. The S&P 500 and Nasdaq each rose by 0.6% and 0.7% respectively with energy and financials leading gains. Treasury yields were...

Equity futures were little changed in Hong Kong but lower in Japan and Australia. The Nasdaq climbed 0.1% to a record high backed by a strong rally in Tesla. While the Dow Jones index and S&P 500 each lost by 0.2% and 0.1% respectively. Asian stocks are set to open lower as traders digested commentary from Federal Reserve officials...

Futures were little changed in Hong Kong, Japan, and Australia. The S&P 500 climbed 0.5% after Jerome Powell reiterated his views that inflation pressures will be transitory despite a notable increase in recent months. The Dow Jones index and Nasdaq each rose by 0.2% and 0.8% respectively.  Treasury yields fell on Tuesday. US 10-year yields fell by 2...

Futures pointed lower in Hong Kong, Japan, and Australia in the wake of a hawkish pivot by the Federal Reserve. The Nasdaq lost 0.9%. The Dow Jones index and S&P 500 each lost by 1.6% and 1.3% respectively.  The flattening in the Treasury yield curve is a sign of the retreat in reflation trades. US 10-year...

Futures pointed higher in Hong Kong, Japan, and Australia after the US tech sector rallied to a record high as investors rotated from reflation trades. The Nasdaq index lifted 0.9%, whereas the energy, financials, materials, and industries came under pressure. The Dow Jones index and S&P 500 each lost by 0.6% and 0.1% respectively.  Treasuries advanced...

Futures were mixed in Hong Kong, Japan, and Australia after US futures slipped after Federal Reserve officials expecting two rate hikes by the end of 2023.  US share market fell overnight with the Dow Jones index down 0.8%. The S&P 500 lost by 0.5% and the Nasdaq lost 0.2% after Jerome Powell downplayed the risk of an...

CPI in May lifted 0.6% to be up 5% a year ago. Core CPI rose 0.7%, to be 3.8% higher a year ago. Futures lifted in Hong Kong, and Japan but were steady in Australia. The CPI increase was broadly driven by the control over the pandemic and the reopening of the economy. The spike in...