Category: Markets Daily

Futures in Australia and Japan pointed higher on Friday morning, Hong Kong futures were steady. The stronger opens reflect investor’s positive sentiment on the solid US economic data, and the rally in cyclical shares as a result of Joe Biden’s federal spending amounted to potentially $6 trillion in the next fiscal year. The US equities overnight saw...

Futures in Australia and Japan pointed lower on Wednesday morning, Hong Kong futures little changed. The weaker opens are impacted by the softer economic data which had weighed on US equities overnight. The Dow Jones fell by 0.2%. The S&P 500 and Nasdaq each fell 0.2% and 0.1% respectively. US consumer confidence retreated slightly, and home sales...

Futures in Australia and Japan were in the green, whereas Hong Kong was modestly lower on Monday morning as traders weighed the volatile slump in cryptocurrencies and inflation outlook. The US share markets were mixed on Friday with the Dow Jones lifted by 0.4%, S&P 500 fell by 0.1% and Nasdaq climbed by 0.3%. Bitcoin plunged over the...

Futures in Australia, Hong Kong, and Japan are pointing higher after the technology sector led a Wall Street rebound on economic optimism. The US sharemarkets snapped a three-day losing streak. The Dow Jones lifted by 0.6% and the S&P 500 added 1.1%. Nasdaq climbed the most by 1.8% led by gains of Apple (+2.1%), Tesla (+4.1%),...

Futures in Australia and Japan slipped after on inflation fears over economic recovery from the pandemic. The US sharemarkets fell in the last hour of trade on Tuesday to end at session lows. The Dow Jones fell 0.8% and the S&P 500 fell 0.9%. Nasdaq lost 0.6% as large technology stocks like Amazon and Microsoft erased gains....

Global stocks recorded the worst weekly slump since February. Share market on Friday ended in the green, with the Dow Jones rose 1.1% and the S&P 500 rose 1.5%. Nasdaq climbed 2.3% as growth and tech stocks rebounded. Futures in Australia, Hong Kong, and Japan all pointing higher on Monday morning after easing commodity prices and concerns...

Futures in Australia, Hong Kong, and Japan all pointed higher after the US share market snapped a three-day drop. Overnight, the Dow Jones index and S&P 500 each gained 1.3% and 1.2% respectively with investors rush from growth to value companies as signs of a strengthening labor market tempered inflation worries. The Nasdaq climbed by 0.7%. Energy...

The Asia stock market is set to open steady on the back of higher US futures. The US stock market on  Friday saw the Dow Jones index and S&P 500 made new record highs, both lifted 0.7% after weak jobs data that added the case for ongoing stimulus. The Nasdaq rose by 119 points or 0.9%.  US...

The US stocks lifted after positive earnings results overnight. The Dow Jones index rose by 0.9% or 318 points to a record closing high, while the Nasdaq and S&P 500 lifted by 0.4% and 0.8% respectively. The Asia stock market is set for a muted start amid warnings from the Federal Reserve on stretched valuations...

The Asia stock market is set for a mixed start with some major markets including Japan and China closed for a holiday. The Australian market opened slightly higher, whereas the Hong Kong futures pointed slightly lower. The US share market fell from a record on Friday upon higher inflationary economic data and Federal Reserve’s hawkish remarks.  US...