Asia-Pacific markets fell on Friday as Japan's core inflation rate dropped to 3.1% and Chinese real estate giant Evergrande filed for bankruptcy protection in a U.S. court.
European markets retreated on Friday as traders assessed the future of monetary policy and expressed concerns about China's real estate sector, leading to a decline in stocks across various sectors and major bourses.
Asian markets are expected to follow the global trend of weakness in stocks, a buoyant dollar, elevated bond yields, and souring investor sentiment, with no major catalysts to change the current market condition.
Stocks fell on Thursday as investors retreated ahead of the Federal Reserve's Jackson Hole symposium, with European stocks dropping and technology stocks giving up earlier gains, while Walt Disney shares tumbled, and Treasury yields increased on strong economic data and concerns about inflation.
Asia-Pacific markets fell ahead of the Jackson Hole meeting as investors anticipated signals on U.S. monetary policy, with Japan's Nikkei 225 leading losses, while Meituan shares dipped after a weaker Q3 outlook.
Asian markets rose on Monday after Federal Reserve chief Jerome Powell indicated a cautious approach to interest rate hikes, and Chinese shares surged following a cut in the duty on trades by the government.
Asia-Pacific markets are expected to rise, following Wall Street's positive performance, with Japan's Nikkei 225 leading gains, and airline stocks outperforming.
Investors hold onto their risk-on hats as US job openings data drops, increasing the likelihood of a Fed pause on rates, and Asian equity markets rise in anticipation of the Federal Reserve's monetary tightening coming to an end.
Asian stock markets mostly lower as Japanese factory activity and Chinese service industry growth weaken, while Wall Street's benchmark S&P 500 rises on hopes that economic data will convince the Federal Reserve that inflation is under control.
Asia-Pacific markets fell ahead of Australia's central bank's rate decision, as well as inflation and business activity readings from across the region, while Singapore appoints Chia Der Jiun as the next managing director of the Monetary Authority of Singapore starting on January 1.
Asian equities fell as China's efforts to stabilize its economy and the Reserve Bank of Australia's policy meeting were awaited.
Most Asian stocks fell on Tuesday due to concerns over slowing growth in China, a property sector meltdown, and hot inflation readings, which raised concerns over higher interest rates. Chinese stocks were the worst performers, with investors growing impatient with Beijing's slow approach to stimulus measures.
Wall Street's main indexes fell in choppy trade due to rising Treasury yields and weak services activity in China, while gains in energy stocks limited losses; however, expectations of a pause in Fed monetary tightening boosted growth stocks.
Asia stocks fall as weak economic data in China and Europe raise concerns over global growth, while the dollar strengthens as investors assess the outlook for U.S. interest rates.
Asia-Pacific equity markets finished mixed, with Australia's ASX All Ordinaries and South Korea's KOSPI falling, while Taiwan's TAIEX and Hong Kong's Hang Seng declined slightly; European markets are flat to lower, and U.S. equity futures point to a lower open.
Stocks fell on Wall Street as concerns about inflation and weakening global demand weighed on investor sentiment, raising doubts about the Federal Reserve's plans to cut interest rates.
Asia-Pacific markets were mostly lower on Thursday, following a sell-off on Wall Street and as investors assess trade data from China and Australia, with Chinese imports and exports falling less than expected.
Asian shares fell and the dollar's rally stalled as the greenback weakened against most major currencies; concerns over Apple's iPhone sales in China and the expansion of a ban on iPhones in sensitive departments in China to government-backed agencies and state companies also weighed on sentiment.
Global equity markets closed mostly lower, with the exception of India and South Korea, as concerns about inflation and uncertainty around Fed rate actions weighed on investor sentiment. The Japanese Nikkei closed 1.16% lower due to lower-than-expected GDP growth and China's ban on iPhones. Officials at the Hong Kong Exchange halted trading after major flooding from storms. European markets were also lower, and US equity futures indicate a lower open.
Asian markets experienced mixed results, with Australia's S&P/ASX 200 falling and Hong Kong's Hang Seng index dropping by about 1%, while Japan's markets were marginally positive; tech investor Paul Meeks plans to buy tech stocks after the correction, and Federal Reserve officials are feeling less urgency for another interest rate hike due to improved inflation data. Additionally, Apple shares fell amid China concerns but an analyst is holding off on shorting the stock, Morgan Stanley upgraded Tesla stock due to its autonomous driving supercomputer, HSBC revealed its "must see stocks" in the UK, and consumer discretionary stocks gave the S&P 500 an upward push.
Asian stock markets rose slightly as comments from central banks in China and Japan interrupted the dollar's rally, while investors awaited U.S. inflation data that could impact future Federal Reserve rate hikes.
Summary: Asian shares mostly decline as investors await U.S. consumer price data and the Federal Reserve's decision on interest rates.
Global markets ended higher as energy stocks climbed supported by Saudi Arabia and Russia's decision to extend supply cuts, while Wall Street's key indexes saw weekly declines due to investor concerns over interest rates and anticipation of upcoming U.S. inflation data. In Asian markets, Japan's Nikkei 225 ended down, Australia's S&P/ASX 200 was up, and Chinese shares rose following improved data on consumer price inflation. The Eurozone's economic growth outlook has been downgraded by the European Commission, and crude oil prices fell.
Stock indices closed in the red, with the Nasdaq 100, S&P 500, and Dow Jones Industrial Average all experiencing declines, while the technology sector underperformed and the energy sector led the session. The U.S. 10-Year Treasury yield dropped, while the Two-Year Treasury yield increased. The Small Business Optimism Index for August decreased, with inflation cited as a major concern among small business owners. Stocks opened lower on Tuesday, and U.S. futures trended lower as well. This week's focus will be on the Consumer Price Index and Producer Price Index data, which could impact the Federal Reserve's decision on rate hikes. Oracle's stock fell after missing sales estimates, while Casey's General and Tesla saw gains. JPMorgan's CEO criticized new Basel III regulations, and European indices traded in the green. In Asia-Pacific, markets ended mixed as traders await U.S. inflation data.
Asian markets are expected to be on the defensive due to sagging stocks and rising oil prices, as investors await U.S. inflation figures that will impact the Fed's rate decision; China's real estate sector is seen as the most likely source of a global systemic credit event.
Asia-Pacific markets rise despite higher-than-expected inflation in the US, while Australia's S&P/ASX 200 increases as August unemployment numbers match forecasts.
Asia-Pacific markets slipped as investors await central bank decisions, including the U.S. Federal Reserve's announcement on Thursday and the Bank of Japan's meeting on Friday, while Australia's central bank will release its policy meeting minutes on Tuesday and China's central bank is set to release loan prime rate decisions on Friday.
India's benchmark stock indexes fell as investors reacted to economic developments in China and awaited policy decisions from major central banks, including the U.S. Federal Reserve. The Nifty 50 fell 0.09% and the Sensex lost 0.16%, potentially ending an 11-day winning streak.
Asia-Pacific equity markets closed lower, with the exception of China's Shanghai Composite, as investors eagerly await central bank meetings and keep an eye on the ongoing management of global oil supply. Meanwhile, U.S. equity futures indicate a positive open.
Asian stocks sink as investors await the Federal Reserve's policy decision and concerns over inflation rise due to a surge in oil prices.
Asian markets open with a decline, primarily driven by chip- and AI-related shares, while concerns about China's economy persist, disrupting the calm ahead of several central bank meetings this week.
Asian stock markets mostly declined, with Japan's Nikkei 225 leading losses, as investors were concerned about upcoming central bank decisions and the possibility of the Bank of Japan ending its negative interest-rate policy.
Asia-Pacific markets are expected to continue declining as investors wait for China's loan prime rates and the U.S. Federal Reserve's rate decision, while oil prices rise due to supply concerns and all 11 sectors in the S&P 500 trade down.
U.S. equities fell as the Fed began its policy meeting and the 10-year Treasury yield reached a 16-year high, with Walt Disney shares dropping after announcing increased spending on theme parks and cruises, and Cboe Global Markets shares rising following a CEO change.
U.S. stock markets closed lower amid risk-off sentiment as the Federal Reserve began its two-day monetary policy meeting, while Asian markets, including Japan's Nikkei 225 and Australia's S&P/ASX 200, experienced declines; however, European markets, including Germany's DAX and the U.K.'s FTSE 100, traded higher.
Asia-Pacific markets fell after the U.S. Federal Reserve projected a rate hike, while New Zealand's GDP exceeded expectations, Hybe shares slid despite BTS contract renewals, and analysts identified Chinese internet stocks with potential. Also, the Fed left rates unchanged but expects one more hike this year, Cathie Wood praised an AI company, analysts favored small-cap stocks, and interest rate markets signaled a delay in future rate cuts.
Equity markets in Asia are expected to face selling pressure due to worsening risk sentiment and concerns about higher interest rates signaled by the Federal Reserve, leading to declines in U.S. stocks and a fall in futures for benchmarks in Australia and Japan.
Markets on Wall Street are expected to open with losses after the Federal Reserve suggests it may not cut interest rates next year by as much as previously thought, leading to a decline in futures for the S&P 500 and Dow Jones Industrial Average; uncertainty surrounding inflationary indicators and high rates is a major concern for traders moving forward.
World stocks fell for a fifth straight session and the dollar reached its highest level since March as Treasury yields rose, signaling concerns over higher interest rates and slower economic growth.
The U.S. stock markets closed in the red as the Federal Reserve kept the federal funds rate unchanged, leading to losses in sectors such as communication services and information technology, while Asian stocks fell due to concerns over higher U.S. interest rates.
Equity markets in Asia are expected to open lower following a sharp decline in U.S. stocks, with futures in Japan, Hong Kong, and Australia all pointing to declines; meanwhile, India's benchmark stock indices declined for the third consecutive day after the U.S. Federal Open Market Committee (FOMC) kept the interest rate unchanged but signaled the possibility of another rate hike in 2023.
Asia-Pacific markets fell as the Bank of Japan kept rates unchanged and noted a "moderate recovery" in the economy, while Japan's private sector activity expanded at its slowest pace since February and the country's August inflation rate remained above the BOJ's target for the 17th straight month.
