Market Review September 21, 2017

Major Asian indices ended in the green on Wednesday as investors awaited monetary policy news coming at the conclusion of the US Federal Reserve’s two-day meeting. Japan’s Nikkei 225 edged up 0.05%, or 11.08 points, to close at 20,310.46 after surging close to 2% on Tuesday. Hong Kong’s Hang Seng Index rose 0.27% to finish … Continued

Market Review September 20, 2017

Major Asian indices closed mixed on Tuesday ahead of the US Federal Reserve’s September meeting as investors awaited clues from the central bank on future monetary policy. Japan markets were an outlier, however, soaring after reopening after a public holiday, with the Nikkei 225 surging 1.96%, or 389.88 points, to close at 20,299.38, as markets … Continued

Market Review September 19, 2017

With Japan markets closed on Monday because of a public holiday (Respect for the Aged Day), Hong Kong’s Hang Seng index rose 1.27% to 28,159.77 as investors anticipated clues on the direction of monetary policy from central banks later in the week. The US’ Federal Open Market Committee’s two-day meeting will begin September 19, with … Continued

Market Review September 18, 2017

Japanese and Hong Kong markets still closed higher in Friday’s trading despite North Korea launching a missile in the direction of the east, flying over Japan. Market reaction to the event was largely subdued after some time, with South Korea responding by firing its own missile into the sea. The hermit state had warned through … Continued

Market Review September 14, 2017

Stocks in Asia finished the Wednesday session mixed despite notching gains earlier in the day on the back of Wall Street closing at record levels. Japan’s Nikkei 225 rose 0.45%, or 89.2 points, to close at 19,865.82 on the softer yen. Major exporters extended gains made in the previous session, with automakers, banks and most … Continued

Market Review September 12, 2017

Asian stocks closed higher on Monday on fading risk aversion as the dollar clawed back losses. Markets also digested headlines concerning developments out of the People’s Bank of China and European Central Bank announced at the weekend. The Nikkei 225 of Japan rallied 1.41%, or 270.95 points, to close at 19,545.77. The rally took place … Continued

Market Review September 11, 2017

Equities in Asia were mixed on Friday as the US dollar posted broad losses a day after the European Central Bank putting tapering on the table on Thursday. Japan’s Nikkei 225 slipped 0.63%, or 121.7 points, to close at 19,274.82, after touching its lowest levels since May this year. Second-quarter gross domestic product (GDP) data … Continued

Market Review September 8, 2017

Asian markets were mixed in Thursday’s trading following the stronger lead from Wall Street overnight on political developments out of Washington. Japan’s Nikkei 225 rose 0.2%, or 38.55 points, to close at 19,396.52. Hong Kong’s Hang Seng Index fell 0.33% to finish at 27,522.92. President Donald Trump on Wednesday broke with his party to support … Continued