.ASIA/PACIFIC -The Australian stock market finished higher on Friday following the broadly positive cues from global markets overnight with investors taking a shine to higher commodity prices. -Asian markets were mixed as mainland Chinese markets hit their lowest since 2019. – August inflation figures out from India showed that the consumer price index rose 3.65% year on year, rising from a five-year
READ MORE.ASIA/PACIFIC -The Australian stock market finished stronger on Thursday following the broadly positive cues from Wall Street overnight -Asian markets higher with chipmakers and related companies extending the global chip rally. – Japan’s producer price index rose 2.5% year-on-year in August, less than the expected 2.8%. The Bank of Japan signals gradual path to rate hikes. . EUROPE -European markets opened in
READ MORE.ASIA/PACIFIC -The Australian stock market closed lower on Wednesday, with banks and energy companies weighing on investor sentiment. -Asian markets mixed following the mixed cues from Wall Street overnight, as investors appeared reluctant to make significant moves ahead of key inflation data from the U.S. -Bank of Japan board member Junko Nakagawa said Wednesday the central bank would continue to raise interest
READ MORE.ASIA/PACIFIC -The Australian stock market has closed in the green with energy and banking stocks doing the heavy lifting. -Asian markets ended Tuesday’s session on a mixed note as investors digested Chinese trade data and the U.S. government proposed new sanctions on Chinese biotech firms. – Chinese exports posted an annual growth of 8.7%, marking the fastest expansion in 17 months. . EUROPE
READ MORE.ASIA/PACIFIC -Consumer discretionary and healthcare stocks were ASX200′ s biggest losers on Monday, after U.S. stocks fell sharply on Friday as weaker-than-expected job growth signaled an economic slowdown. -Other Asia-Pacific markets also fell with Hong Kong’s Hang Seng Index leading losses in the region, due to lingering worries about U.S. and Chinese growth. -China’s consumer price index rose by 0.6% year on
READ MORE.ASIA/PACIFIC -Australia’s ASX200 closed higher on Friday with financials, consumer discretionary and consumer staple stocks leading the surge. -Asian markets mostly fell on Friday following the mixed cues from Wall Street overnight, with Hong Kong’s Hang Seng still closed for trading due to Super Typhoon Yagi. -Traders digested data from Japan where the average of household spending sank 1.7% on month in
READ MORE.ASIA/PACIFIC -The Australian stock market finished higher on Thursday as the pace of declines slowed on Wall Street overnight from its frenetic sell-off in the previous session. -Asian markets closed mixed on Thursday after Wednesday’ sell-off with Japan’s Nikkei leading losses in the region. -China commits $50.6B in funding to Africa in 3 years, Chinese President Xi Jinping announced Thursday. . EUROPE -European
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