News - All

Home Support Regulation Contact Us Live Chat English Mandarin

News

All

Asian markets closed slightly higher this morning, no real themes to mention but worth highlighting that a Chinese state economist said that the country’s slowdown is likely to last longer than many expect, something that would appear to be priced in with the relative weakness in the Chinese equity markets.

Read more

Asian markets lower this morning, with sentiment hurt by a softer than expected manufacturing survey out of China. The Shanghai composite continues its underperformance trading 1.4% lower and now only 40 points away from the 2000 level. Risk currencies such as the Aussie dollar come under renewed pressure on this risk off phase.

Read more

Asian markets firmer this morning, with the Nikkei the standout performer up around 1.3% after the BOJ expanded their asset purchase fund to 55 trillion yen from 45 trillion, following in the steps of the ECB and the Fed in stimulus programmes.

Read more

Asian markets lower, as tensions over the China Sea island disputes continue to rise, as investors begin to assess the risk of damage to trade relationships between China and Japan. Japanese retail chain, Fast Retailing, fell 7% after the company said that it had closed 42 stores in China. Australia have cut their revenue forecast for iron ore by a fifth, on the ongoing slowdown of Chinese Growth.

Read more

Asian markets mixed with Japan closed today, China’s Shanghai composite 1.3% lower on concerns their slowdown is deepening. On geopolitical news, tensions between Japan and China continue to rise over the purchase by Japan of islands from a private Japanese owner. A top think tank has called for 2012 Chinese growth of between 7.7and 7.8%.

Read more

Asian stocks sharply higher after the Fed announced that it will buy mortgage securities to boost growth. The Hang Seng is the lead performer up almost 3%, Sumitomo Metal Mining rose 10% as precious metals touched their highest levels since February. Elsewhere in the region S&P upgraded South Korea’s rating.

Read more

Asian markets higher again this morning, in further anticipation of further stimulus out of the US and China. The Nikkei the clear outperformer, after Japan released machinery orders data showing a month on month increase of 4.6%, South Korea also acted well in anticipation of policy makers cutting rates at their meeting tomorrow. China’s Shanghai composite was the laggard falling around 30bps after Morgan Stanley followed the leads of Goldman and Macquarie in cutting the country’s 2012 growth e

Read more

Volumes remain exceptionally low, even for this time of year, with all eyes on some major central bank meetings over the next week, starting with the Jackson Hole presentation tomorrow

Read more

Asian markets flat this morning , weekend comments from China’s Hu Jintao at an Asia-Pacific Economic Cooperation forum said that China’s economy is facing downward pressure, whilst Japan this morning cut their second quarter growth estimate in half, underlying recession risks as the European debt crisi continues to hurt exports

Read more

Asian markets have their largest daily gain for a month as investors absorb the plans announced by Mario Draghi and react positively. China, in particular, was strong up 4% after announcing a stimulus package involving various infrastructure projects with around $157bn expenditure.

Read more

Asian markets slightly higher for choice, as all eyes await commentary out of the ECB. Worth noting that Goldman have lowered their forecast for China’s GDP for this year to 7.6% from 7.9%, aswell as lowering their 2013 forecast. In corporate news Sharp Corp continue their slide falling 6.2% after having their short-term ratings cut by Moody’s, Brilliance China Automotive fell 9% after announcing a controlling shareholder announced cutting their holding.

Read more

Asian stocks lower again this morning, with the Hang Seng being the major underperformer 1.5% lower.

Read more

Asian markets lower this morning, notably Australia’s bourse dropped towards 3 weeks lows after the central bank kept its benchmark interest rate unchanged. Also worth noting that Goldman cut their earnings growth estimates for Chinese listed companies. In corporate news, Fortescue Metals, Australia’s third largest iron ore producer fell around 2.5% after cutting their full year capital spending forecast by 26%.

Read more

Asian markets for choice higher, with the exception being the Nikkei lower by around 0.5%. China released manufacturing data over the weekend which showed a weaker than expected August PMI of 49.2, whilst Australian retail sales declined in July by the most in almost 2 years.

Read more

Moody’s have said that Spain’s BAA3 rating remains on review for a possible downgrade, elsewhere ECB’s Nowotny has said that new staff forecasts won’t be better and will likely be worse. Later this morning, Eurozone CPI and unemployment data will be released.

Read more