Asian markets mixed as Fed cuts rates, BOJ stays unchanged

2019-09-18

Asian markets were mixed in early trading Thursday, as the Bank of Japan kept its ultra-easy monetary policy unchanged following the U.S. Federal Reserve’s interest-rate cut. The BOJ’s move — or lack thereof — was expected, though the central bank hinted that could cut interest rates even deeper into negativeRead More →

Asian markets gain as trade tensions ease further

2019-09-12

Asian markets rose in early trading Friday following signs of hope for a thaw in the trade war between the U.S. and China. The Wall Street Journal reported Thursday that China was seeking to narrow the scope of upcoming trade negotiations, hoping to resolve some key issues and break theRead More →

Asian markets mostly gain as trade tensions ease

2019-09-11

Asian markets were mostly up in early trading Thursday as trade-war tensions eased after President Donald Trump announced a two-week delay in implementing tariff hikes against $250 billion in Chinese goods. In a pair of tweets late Wednesday, Trump said the tariff hikes, which had been scheduled to take effectRead More →

Asian markets gain ahead of ECB meeting

2019-09-10

Asian markets mostly gained in early trading Wednesday, ahead of expected further monetary easing by the European Central Bank. The ECB is expected to take rates even deeper into negative territory at its Thursday meeting. Policy makers have indicated the ECB could introduce a tiered system of deposits, which wouldRead More →

Asian markets gain as U.S. and China agree to new trade talks

2019-09-04

Asian markets gained in early trading Thursday after an announcement that the U.S. and China will resume trade negotiations early next month. Investors also were cheered by encouraging global developments, including British lawmakers seeking a less chaotic exit from the European Union and easing political tensions in Hong Kong. China’sRead More →

Asian markets gain as latest trade-war fears subside

2019-08-29

Asian markets rose in early trading Friday on news that Chinese officials have more interest in renewed trade negotiations with the U.S. than retaliation for new tariffs. China’s Commerce Ministry was quoted Thursday as saying China would not immediately respond to the Trump administration’s latest tariff hikes — some ofRead More →

Asian markets dip as worries weigh in investors

2019-08-28

Asian markets retreated in early trading Thursday, as geopolitical tensions and the inverted U.S. Treasury yield curve weighed on investors concerned about a global economic slowdown. U.S. Treasury Secretary Steve Mnuchin that he expects Chinese officials to travel to Washington for renewed trade negotiations, but did not give a timeline,Read More →

Asian markets mixed on weak Japan manufacturing data

2019-08-21

Asian markets were mixed in early trading Thursday, following a day of gains on Wall Street. Preliminary data Wednesday showed Japan’s manufacturing activity shrank for a fourth consecutive month, according to Reuters. The Jibun Bank Flash Japan Manufacturing Purchasing Managers’ Index rose to a seasonally adjusted 49.5 in August fromRead More →

Asian markets mixed after conflicting trade messages from China

2019-08-15

Asian markets were mixed in early trading Friday, after China threatened to retaliate if the Trump administration goes ahead with its latest tariff threats, yet still held out hopes for a trade deal. Beijing will take unspecified “necessary countermeasures,” China’s Cabinet said in a one-sentence statement. It gave no detailsRead More →

Asian markets retreat on global recession fears

2019-08-14

Asian markets fell in early trading Thursday, following Wall Street’s worst day of the year amid signals of recession. The yield on the closely watched 10-year Treasury fell so low Wednesday that, for the first time since 2007, it briefly crossed a threshold that has correctly predicted many past recessions.Read More →

Asian markets fall as Hong Kong tensions remain high

2019-08-12

Asian markets fell in early trading Tuesday as tensions in Hong Kong ratcheted up following protests Monday that shut down the city’s airport. Hong Kong’s airport struggled to reopen Tuesday, while protests continued, though at a smaller scale. While some flights resumed, many were canceled amid a backlog of flightsRead More →