News - Daily comments

Home Support Regulation Contact Us Live Chat English Mandarin

News

Daily comments

Asian markets fell for a fourth consecutive day, as business confidence in Australia dropped to a reading of -1 from zero, its lowest reading for 3 years. China is actively seeking to expand property tax trials at an "appropriate" time.

Read more

Asian markets fell to their lowest level in a month after data from Japan showed that the economy shrank by the most since the earthquake and tsunami in 2011 as the country's dispute with China hurt trade. China released better than expected export data over the weekend rising 11.6% year on year. Sony fell over 2% after having their ratings cut by Moody's.

Read more

Asian markets lower again as a number of companies in the region missed on earnings and the Australian central bank lowered their growth forecasts

Read more

“The immediate market reaction was a sell-off in US equity futures which was surprising. We’ve seen that recover but it indicated that the market had already factored in an Obama victory. From the point of view of equities, it may be simply a case of ‘buy the rumour and sell the fact’. Selling pressure in the US dollar has given a boost to commodities and global equity markets elsewhere. However the result has taken away a great deal of uncertainty and investors may well resume their "risk on" m

Read more

Asian markets are mainly lower this morning on light volume as the world awaits the outcome of the US general election

Read more

Asian markets firmer this morning after positive economic data released out of the US yesterday. Sony rose over 2% whilst Sharp fell 2% after the company said there was a “material doubt” that the company would be able to survive. Goldman lowers their Japanese GDP forecast for 2012 to 0.9% from 1.9%.

Read more

Asian markets mixed with the highlight being China's Shanghai Composite rising the most in 3 weeks, up around 2%, following better than expected manufacturing data. In Japan, Panasonic shares fell after reporting a much larger than expected loss of $9.6bn, Sony and Sharp are due to report today.

Read more

Asian markets are firmer this morning, with notably South Korea's industrial output rising for the first time in 4 months. Elsewhere, GDP data released by Taiwan was better than expected and Singapore's jobless rate fell. Industrial and Commercial Bank of China gained over 1% in Hong Kong after better earnings, whilst PetroChina fell over 3% after missing with their results.

Read more

Asian markets slightly lower having been higher earlier in the session, with expectations high that the BOJ will add further stimulus measures tomorrow at their policy meeting. Shares in property developers in Hong Kong fell after the government introduced it's first property tax aimed at overseas buyers, whilst Japan's largest mobile phone maker NTT Docomo fell almost 8% after warning on profits.

Read more

Asian markets weaker overnight, with missed earnings from Apple and Amazon after US hours coupled with a miss from Hong Kong's China Unicom weighing on sentiment. Both Samsung and Taiwan Semiconductor Manufacturing beat estimates for earnings. Elsewhere, Japan announced 750bn Yen of further stimulus with the Yen trading at 4 month lows.

Read more

Asian markets on the balance firmer, with the Nikkei closing at session highs up around 1.1% on further Yen weakness, on speculation that the BOJ will ease monetary policy further next week. The Chinese industry minister says that China’s industrial output growth in Q4 may be faster than Q3 and positive signs for growth are accumulating.

Read more

Asian markets weaker, weighed by disappointing earnings, whilst in China the HSBC flash manufacturing PMI came in higher than expected suggesting the economy is stabilizing. In Japan, Kawasaki Heavy, fell almost 6% after the gas-turbine maker missed on their first half operating profit.

Read more

We had the biggest down day on the Dow since June, with many people putting some emphasis on the 25th anniversary of the '87 crash.

Read more

Asian markets mixed this morning, but well off lows in the session. Japanese trade balance numbers came in lower than expected, with exports to both China and the US at their worst levels since January, prompting speculation of further easing from the BOJ.

Read more

Asian markets slightly higher having been lower earlier in the session, weighed by Google and Microsoft earnings out of the US. Foreign direct investment in China fell for the 10th time in 11 months. South Korea one of the laggard markets being weighed down by Samsung falling around 2%. In geopolitical news the North Korean military has said it will fire without warning on South Korea if anti-North Korea leaflets are dropped on Monday.

Read more