Asian markets retreat ahead of Fed announcement

2019-10-29

Asian markets fell in early trading Wednesday, following new doubts about a U.S.-China trade deal and ahead of an expected interest-rate cut by the U.S. Federal Reserve. While U.S. officials, including President Donald Trump, in recent days had touted progress in trade talks, Reuters reported Tuesday that a “phase one”Read More →

Asian markets retreat as trade tensions ratchet back up

2019-10-08

Asian markets slipped in early trading Wednesday amid growing pessimism over U.S.-China trade talks scheduled later this week. Late Monday, the U.S. blacklisted 28 Chinese companies, including artificial-intelligence companies because of their alleged role in human-rights violations against the Uighur Muslim minority. And Tuesday, the U.S. announced visa restrictions againstRead More →

Asian markets retreat on mixed trade-war news

2019-09-29

Asian markets pulled back in early trading Monday, amid conflicting signals on the trade-war front. China said Sunday that its top trade negotiator, Vice Premier Liu He, will travel to Washington on October for renewed trade negotiations with the U.S. An exact date for the talks was not announced, butRead More →

Gold prices retreat ahead of Fed minutes

2019-08-21

Gold futures pulled back on Thursday, ahead of the release of minutes of the Federal Reserve’s policy setting meeting on July 30-31 meeting which could provide further clues on the direction of monetary policy. Gold for December delivery GCZ19, -0.19%  was off $3.60, or 0.2%, at $1,512.10 an ounce, afterRead 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 →

China markets retreat on rising trade tensions with U.S.

2019-05-19

Chinese stock markets fell in early trading Monday amid increasing trade tensions with the U.S., while markets in most of the rest of Asia gained. On Friday, China’s Commerce Ministry called the Trump administration’s latest tariffs hikes “bullying behavior,” and Chinese state media suggested the government was in no hurryRead More →