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Chinese Shares Tumble On Economic Worries, European Stocks Surge
Monday, May 9, 2016 - 8:02am | 359Chinese stocks were hard hit on Monday after the government's mouthpiece People's Daily published an article titled "Authoritative Person Talking About China's Economy." According to Barrons, the article said a person of high authority in China is expecting the country...
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Asian, European Stocks Tumble Ahead Of U.S. Payroll Data, Fresh Round Of China Concerns
Friday, May 6, 2016 - 7:31am | 343Global equities were mostly lower on Friday ahead of the U.S. payroll data. Investors also found reports out of China that Inner Mongolia Nailun Group, a fertilizer producer, said it defaulted on its bond payments. As noted by Market Watch, the announcement further hurt the sentiment in the...
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Asian, European Stocks Mixed Following Chinese Economic Data; Canada's Wildfire Impacts Oil
Thursday, May 5, 2016 - 7:43am | 364Asian stocks were mixed on Thursday after the Chinese government reported its services activity expanded in April, although at a slower pace when compared to March. The Caixin China services purchasing managers index fell to 51.8 in April from 52.2 in March. A reading above 50 indicates...
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Asian Stocks Tumble Yet Again, Europe Follows Suit
Wednesday, May 4, 2016 - 7:19am | 231Asian stocks were mostly lower on Wednesday due to a strengthening of the U.S. dollar and declining oil prices. A stronger U.S. dollar adds pressure to commodity prices, which in turn led to a strong selloff in the commodity heavy Australian market. Australia's ASX index lost 1.47 percent,...
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Asian, European Stocks Mixed Following Disappointing Data Out Of China
Tuesday, May 3, 2016 - 7:28am | 397Global stocks were mixed on Tuesday after the Chinese government said the Caixin manufacturing purchasing managers index (PMI) for April fell to 49.4 from 49.7 in March. The figure fell short of the 49.9 analysts were expecting. Any reading below the 50-mark indicates contractions but some...
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Japanese Stocks Lead Asian Declines, While European Equities Ticks Higher
Monday, May 2, 2016 - 7:36am | 336Asian stocks were mostly lower on Monday, led by another sell-off in Japanese equities. Japan's Nikkei index tumbled 3.11 percent, adding to Thursday's 3.61 percent loss (Japanese markets were closed on Friday for a national holiday), after the country's currency realized its...
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TGIF? Not For Overseas Investors As Asian, European Stocks Mostly Lower
Friday, April 29, 2016 - 7:31am | 277Asian stocks were mostly lower on Friday following Thursday's tumble in reaction to the Bank of Japan standing pat on its stimulus program. Japanese stocks were closed for a national holiday but still close the week lower by more than 5 percent. Hong Kong's Hang Seng index lost 1.50...
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Asian And European Equities Tumble Following Bank Of Japan's Surprise Non-Decision
Thursday, April 28, 2016 - 7:16am | 386The Bank of Japan gathered on Thursday as market participants expected the central bank to announce a new round of stimulus. However, the bank surprised many investors by standing pat and left its deposit rate at minus 0.1 percent unchanged. The Bank of Japan kept its asset purchase program of...
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Asian Stocks Lower, European Stocks Mostly Higher
Wednesday, April 27, 2016 - 7:28am | 239Asian stocks were mostly lower on Wednesday as poor tech earnings from U.S. companies may have dampened investor optimism. Australia's ASX index underperformed its Asian counterparts and lost 0.62 percent after trading higher by more than 1.2 percent earlier in the day. A surprising fall in...
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Asian And European Stocks Mostly Higher Ahead Of Central Bank Meetings And Key U.S. Earnings Reports
Tuesday, April 26, 2016 - 7:34am | 329Asian stocks were mostly higher on Tuesday as investors and traders anxiously await Thursday's Bank of Japan meeting in which the central bank may introduce negative lending rates. Investors and traders were bearish on Japanese stocks as the country's Nikkei index lost 0.49 percent. On...
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Asia, Europe Stocks Mostly Lower Ahead Of Bank Of Japan And Federal Reserve Meetings
Monday, April 25, 2016 - 7:30am | 291Asian stocks were mostly in the red on Monday ahead of the Bank of Japan's meeting on Thursday. Japan's central bank may introduce negative lending rates, at least according to Kathy Lien of BK Asset Management. CNBC quoted the analyst as saying in a note, "There are now reports...
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Japan Stocks Extend Winning Streak While Asia, Europe Mostly Lower
Friday, April 22, 2016 - 7:51am | 335Asian stocks were mostly lower on Thursday with the notable exception of Japan's Nikkei index, which extended its winning streak to 3 days and gained 1.20 percent. Investors were bullish on Japanese stocks following reports the country's central bank is considering a negative rate loan...
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Asian Stocks Closes Mostly Higher, While Europe Trades In The Red
Thursday, April 21, 2016 - 7:27am | 238Asian stocks were mostly higher on Thursday, led by Japan's Nikkei index that gained 2.70 percent. Bloomberg reported that Japan's stock market likely gained on positive commentary that the Bank of Japan will likely increase their asset purchase program at next week's meeting on...
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Asian And European Equities Mostly Lower, Shanghai Index Loses 2% Amid Monetary Easing Chatter
Wednesday, April 20, 2016 - 7:31am | 281Asian stocks were mostly lower during Wednesday's trading session, led by a more than 2 percent decline in China's Shanghai index. According to China Daily, the selloff in Chinese equities were attributed to market speculations that monetary easing will be less likely following recent...
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Asian Markets, Led By Japan's Nikkei Index, Surge Higher As Europe Follows Suit
Tuesday, April 19, 2016 - 7:17am | 226Asian equities were mostly higher during Tuesday's trading session, led by a 3.68 percent gain in Japan's Nikkei index. Hong Kong's Hang Seng index gained 1.26 percent, Australia's ASX index gained 0.96 percent, India's Mumbai Sensex index gained 0.74 percent and China's...