Asian stocks draw robust foreign inflows on US rate outlook, tech rally

Asian stocks draw robust foreign inflows on US rate outlook, tech rally

Foreign investors channelled massive money into Asian equities in June, after two months of selling, as easing U.S. price pressures raised hopes that the Federal Reserve would cut interest rates this...
July 04, 2024 at 02:21 am EDT
Asia stocks hit 27-month top, dollar slips on rate cut talk

Asia stocks hit 27-month top, dollar slips on rate cut talk

Asia stocks hit 27-month highs on Thursday as softer U.S. data narrowed the odds on a September rate cut there, boosting bonds and commodities while dragging on the dollar. A holiday in...
July 03, 2024 at 09:38 pm EDT
UK investors buy record $14.5 billion of stocks this year, Calastone says

UK investors buy record $14.5 billion of stocks this year, Calastone says

British investors added a record 11.4 billion pounds into equity funds over the first six months of 2024, as the prospect of further central bank interest rate cuts fuelled demand for riskier assets,...
July 03, 2024 at 03:02 am EDT
Oil prices inch up on large US crude stock draw

Oil prices inch up on large US crude stock draw

Oil prices edged higher in early Asian trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, boosting hopes of solid fuel demand during the summer driving...
July 02, 2024 at 09:07 pm EDT
CAC 40:  the shock of the elections begins to wear off

CAC 40: the shock of the elections begins to wear off

Following its rebound of the previous day, the Paris Bourse is set to open slightly lower on Tuesday morning, as investors' fears about the political situation in France continue to dissipate.At...
July 02, 2024 at 02:31 am EDT
Hedge funds dump tech stocks at fastest pace since 2016, bank shows

Hedge funds dump tech stocks at fastest pace since 2016, bank shows

Global hedge funds in June sold U.S. shares of technology, media and telecommunications companies at the fastest pace since 2016, mainly driven by semiconductor stocks, Goldman Sachs said in note. ...
July 01, 2024 at 05:56 pm EDT
MORNING BID ASIA-US yields bite, China enjoys rare surprise

MORNING BID ASIA-US yields bite, China enjoys rare surprise

A look at the day ahead in Asian markets. Asia lagged what was a pretty solid start to the new quarter for global stocks on Monday, and the steep rise in U.S. Treasury yields suggests it...
July 01, 2024 at 05:47 pm EDT
World Bank Group kicks off $20 bln annual guarantee push

World Bank Group kicks off $20 bln annual guarantee push

The World Bank Group said on Monday it had started operating a new one-stop-shop loan and investment guarantee platform which it hopes will triple the provision of guarantees and risk insurance...
July 01, 2024 at 05:15 pm EDT
Mib revises 33,500; MPS and BPER act as locomotive

Mib revises 33,500; MPS and BPER act as locomotive

Stock markets on Monday confirmed the good performance seen since the bell rang in the aftermath of the elections in France. The far right is on the verge of taking power in the country, never so...
July 01, 2024 at 05:56 am EDT
Court weighs postponing Citgo auction bid hearing to September

Court weighs postponing Citgo auction bid hearing to September

A U.S. court has been asked to postpone to September 19 a hearing to present the high bid in an auction of shares in the parent of Venezuela-owned refiner Citgo Petroleum, according to a motion filed...
June 28, 2024 at 04:48 pm EDT
Analysis-Election and Fed risks loom for US stocks after strong first half of 2024

Analysis-Election and Fed risks loom for US stocks after strong first half of 2024

As U.S. stocks lock in a solid first half, investors are speculating whether political uncertainty, potential Federal Reserve policy shifts and big tech's market dominance could make the rest of 2024...
June 28, 2024 at 01:02 am EDT
MORNING BID ASIA-Tokyo inflation, scores on the first half doors

MORNING BID ASIA-Tokyo inflation, scores on the first half doors

A look at the day ahead in Asian markets. A mood of caution hangs over Asian markets on Friday, the last trading day of the quarter and half-way point in the year, with...
June 27, 2024 at 05:45 pm EDT
Wall Street wants drama-free presidential debate, watching comportment as much as policy

Wall Street wants drama-free presidential debate, watching comportment as much as policy

Investors watching the first live debate of the 2024 election race on Thursday hope to hear U.S. President Joe Biden and his predecessor Donald Trump argue thoughtful positions on fiscal policy,...
June 27, 2024 at 07:00 am EDT
MORNING BID ASIA-Inflation scares and yen bears

MORNING BID ASIA-Inflation scares and yen bears

A look at the day ahead in Asian markets. Inflation scares in Canada and Australia this week are a reminder that the global monetary easing cycle expected to broaden out and accelerate...
June 26, 2024 at 05:45 pm EDT
Exclusive-Codelco copper output falls behind target in May, document shows

Exclusive-Codelco copper output falls behind target in May, document shows

Chile's state mining giant Codelco, one of the world's largest copper producers, fell further behind its production target in May, an internal document obtained by Reuters showed, underscoring the...
June 26, 2024 at 02:36 pm EDT