Asian markets consolidate for the second time to recent highs amid mixed signals from global economies. The excess liquidity pumped by central banks around the globe helps stocks
Asian stocks are trading higher on positive results from the coronavirus vaccine, and expectations for further relief packages from Bank of England, Fed and Europe.
ASX 200 and Asian markets declined mirroring Wall Street after the warning from Federal Reserve Chairman Jerome Powell that the outlook is uncertain and subject to significant downside risks,
Asian markets ended mostly lower as fear for the second wave of infections rise after Wuhan in China reported five new cases. The second wave of infections would cancel the plans for the reopening and will further damage the global economy.
ASX 200 is 0.42% lower at 5,384 for the first time in the last three trading sessions. Investors taking some profits off the table despite the retail sales rose by 8.5%
ASX 200 lost 5% on Friday marking the worst day in the last five weeks. Today the index managed to rebound from early losses, with help from banks and gold miners finished 1.41% higher at 5,319.
ASX 200 finished 1.51% higher at 5,393 as the index gains momentum after the correction from monthly highs. The Aussie Consumer Price Index rose by 0.3% in the first quarter of 2020 above the expectations
Asian stocks finished lower as the economic data point to a sharp deterioration of the economic activity across all sectors. The U.S. initial jobless claims for the week ended April 18 registered at 4.427
ASX 200 managed to rebound from early losses that reached 2.3% and return to the unchanged level. Strong retail sales increased by 8.2% in March as consumers
Asian markets ended mixed as investors looking for direction in equities after the recent rally from March lows. Weak economic...