Indices

Key points: Dollar heads for its largest weekly rise in over a month. U.S. business activity hits a two-year high, influencing interest rate expectations. The dollar surged this week, marking its largest weekly rise in over a month. Surprisingly strong …

Key Points:  Optimism for US stock indexes shortlived since the US inflation data was announced, making record highs and then closing lower.  Such pullback was mainly attributed to the rise in bond yields.  Hawkish comments from Fed officials weighed on stocks.  …

Key points: Nikkei ends lower after a three-day winning streak, influenced by Wall Street and BOJ policy. Broader Topix index posts a weekly gain despite early losses. Japan’s Nikkei share average snapped a three-day winning streak to close lower on …

Key Points:  US consumer prices slowed more than expected in April, providing relief to concerns on persistent inflation   S&P 500, Nasdaq and Dow Jones reach new record highs, signaling strong investor confidence.  Meme stocks surged alongside Bitcoin, reflecting increased …

Key points Nasdaq closed at a record high driven by optimistic remarks from Fed Chair Jerome Powell and declining Treasury yields. Home Depot shares dip after earnings reveal a focus on smaller home projects, reflecting a shift in consumer spending …

Key Points: The Hang Seng Index rose by 0.80%, closing at 19,115.06, while the Hang Seng China Enterprises Index increased by 0.64% to 6,761.64. China’s central bank data indicates a significant drop in aggregate financing, hinting at cautious monetary policy …

Key points The FTSE 100 opens higher following stronger-than-expected UK GDP figures. Positive economic data sparks a cautious optimism in market forecasts, influencing company strategies and investor outlooks. The FTSE 100 is experiencing an upswing, buoyed by the UK’s latest …

Key points EUR/USD tests resistance at 1.0790 with potential to reach 1.0810 or 1.0865. Stock market rebound led by Utilities and Consumer Staples, showing strong gains post-April. After a rebound from the support level of 1.0725, the EUR/USD pair is …

Key points Hong Kong’s Hang Seng Index and HSCEI experienced significant declines as markets brace for upcoming Chinese trade data. Investors are closely watching for insights into China’s economic condition through detailed export and import figures due tomorrow. On Wednesday, …

Key points The Nikkei share average fell by 1.6% to 38,202.37, erasing previous gains. Corporate earnings and U.S. economic indicators significantly influenced market movements. Japan’s Nikkei share average dipped over 1% on Wednesday, retreating from the multi-week highs observed in …