Asian markets trading mixed ending a rough week as the coronavirus cases rise in many states in U.S. threatening the fast recovery that many analysts expect.
Asian stocks finished higher in a volatile session after the White House trade advisor, Peter Navarro said trade deal with China is over because China failed to inform the US about coronavirus outbreak.
Asian markets trading mostly lower after a late reversal in Wall Street as investors sold stocks amid a rise in the number of new COVID-19 cases threatens the fast recovery in the global economy.
Asian stocks rally after the Federal Reserve announced that it would start purchasing U.S. corporate bonds in an attempt to secure liquidity for companies and credit markets amid the coronavirus crisis.
ASX 200 continues lower for the second day breaking below the 10-day moving average. The index was down over 3% in the morning session, as energy, travel, and bank stocks plunged as were the sectors
Asian markets retreat today halting the sharp rally from March lows after the Fed decision to keep interest rates unchanged while Governor Powel said that it would increase rates until 2022
Asian stocks and ASX 200 digest the recent three-month highs and trading mixed ahead of the Fed decision later today. Investors sentiment has boosted by better than expected unemployment data from the USA
The ASX 200 made a major milestone today. The index moved above the important psychological level of $6,000 as investors reacted to the positive emergence of the economy. By gaining about 40 basis points, the index outperformed its New Zealand counterpart. Shares in the big four banks rose sharply after UBS issues an upgrade on two.
The ASX 200 index added more than 90 points today as investors continued to cheer the ongoing recovery of the economy. This was the fourth straight day of gains for the blue-chip Australian bourse. At the same time, the ten-year government bond fund yield rose above 1% for the first time since March.
ASX 200 index rose by almost 2% as investors cheered the expected recovery as the world reopened. The index was...
The ASX 200 index rose by more than 70 basis points as the Australian central bank committed to lower interest...
The ASX 200 index declined by more than 70 basis points as investors braced the new cold war between the...