Overnight Market Wrap: 29 November 2022

Key Points: Investors focused on pushback against China Covid restrictions Bullard says markets underestimate chances of higher Fed rates A gauge of Asian stocks climbed as Chinese shares rebounded from the selloff sparked by nationwide unrest over Covid curbs. The dollar weakened against most major currencies as demand for haven assets eased. Hong Kong’s benchmark share […]

Friday Close and Weekend Wrap: 25 November 2022

Key Points: Stocks Boosted by Rate-Hike Outlook; Dollar Slip Traders weigh more moderate Fed increases after dovish minutes European stocks gained and the dollar fell after Federal Reserve meeting minutes showed support for more moderate interest-rate increases. The Stoxx Europe 600 Index extended its recent rally as the real estate sector outperformed, boosted by the prospects […]

Overnight Market Wrap: 24 November 2022

Key Points: Equities Advance, Dollar Falls on Fed Rate Outlook Dollar gauge heads back toward lowest level since August A gauge of global stocks headed for the highest level in more than two months on Thursday and the dollar fell after Federal Reserve meeting minutes showed support for tapering interest-rate increases. Japanese, South Korean and […]

Overnight Market Wrap: 22 November 2022

Key Points: Dollar edges lower versus its Group-of-10 counterparts Crude oil steadies after wild ride; Bitcoin rout pauses Stocks were mixed in Asia amid fragile sentiment as investors weighed the impact of Covid infections in China and parsed comments from Federal Reserve officials on interest rate hikes. A gauge of Asian equities came off its […]

Overnight Market Wrap: 21 November 2022

Key Points: Futures suggest gains in Japan, declines for Hong Kong Major currencies are little changed; Bitcoin steadies Asian stocks were poised for a mixed open Monday after small gains on Wall Street Friday as investors continue to focus on the outlook for interest rates. Australian shares inched higher while Japanese equity futures pointed to […]

Friday Close and Weekend Wrap: 18 November 2022

Key Points: Investors turn more bullish on China on reopening prospects Fed hawks deliver warnings again of higher interest rates Asian equities rose, with shares in Hong Kong leading gains as investors grew more optimistic about a further easing in China’s Covid restrictions Stocks edged higher in Japan, Australia as well as South Korea, suggesting […]

Overnight Market Wrap: 17 November 2022

Key Points: Stocks Edge Higher, Yield Curve Inverts Further Australia, Japan shares and US equity futures climb higher Stocks in Asia climbed Thursday and Treasuries held on to a rally that inverted the US yield curve by the most in four decades. Shares in Australia and Japan opened higher. US futures rose, after Wednesday’s decline […]

Overnight Market Wrap: 16 November 2022

Key Points: Stocks, Dollar Jolted by Missile Strike in Poland Asian equities decline, US and European share futures fall Stocks and currencies whipsawed on Wednesday after a rocket that struck inside the Polish border fueled fears of an escalation of the war in Ukraine. Shares in Hong Kong, Australia and South Korea fell, as did […]

Overnight Market Wrap: 15 November 2022

Key Points: S&P 500 and Nasdaq 100 dropped, snapping two-day rally Investors weigh Fed comments, outlook in China markets Asian stocks opened slightly higher Tuesday amid fragile sentiment following a choppy session on Wall Street and ahead of a slew of Chinese economic data. Shares rose in Japan and South Korea while Australian equities declined. […]

Overnight Market Wrap: 14 November 2022

Key Points: Greenback supported by rates comments from Fed’s Waller Cryptocurrencies remain under pressure on FTX fallout Asian equities advanced on Monday with a tailwind from the biggest weekly gain in US stocks since June and China’s policy shifts on Covid curbs and the property sector. A gauge of the region’s shares headed for the […]