Tag: Asian stocks
Asia-Pacific companies rides a global groundswell in demand for environmental, social and governance (ESG) loans and other feel-good investments.
Asian markets largely tumble on Monday, tracking global losses as Wall Street clocked its worst month this year, with investors opting for safe-haven assets in the wake of intensifying trade tensions.
European stocks and US equity futures turned lower on Wednesday as the global shares rebound struggled to maintain its momentum. Meanwhile, China led gains as speculation increased that Beijing will boost stimulus after data showed the economy lost steam.
Equities are on the back foot across the region after disappointing Chinese manufacturing data underscores concerns about the global economic slowdown.
Traders will now be on the lookout for any signs of progress on trade which are enough to build on equities.
Global trade remained in focus as the European Union vowed prompt retaliation if the US imposes tariffs on imported vehicles.
Hopes of a positive outcome from US-China talks buoy market performance in Asia.
Asian stocks shone after a forecast-beating set of US company earnings improved the mood on world equity markets.
Earnings and US monetary policy have become the main drivers of market sentiment this week.
While the slump in Italian bonds that spilt over into global risk assets has abated, the prospect of snap Italian elections continues to loom.