|Day's range||23,833.92 - 24,033.79|
|52-week range||20,213.66 - 24,129.34|
Stock markets around the world were trading in narrow ranges Wednesday ahead of a widely predicted interest rate hike from the U.S. Federal Reserve and the potentially more interesting subsequent press ...
AG profit warning weighed on European markets. Asian shares ended mainly higher, while the Stoxx Europe 600 was down 0.1%, with Italy’s FTSE MIB 0.2% lower. The region’s car markers fell on Tuesday’s profit warning from BMW.
Investing.com - Asian equities extended gains in afternoon trade on Wednesday as traders awaited the conclusion of the Federals Reserve’s latest policy meeting.
Asian markets advance on Wednesday morning despite trade wars concerns. Investors await the FOMC meeting tonight to get further clues on the central bank rate-hike plan.
Tokyo's benchmark Nikkei index extended its winning streak to an eighth consecutive session on Wednesday as a weak yen and higher Chinese stocks buoyed investor sentiment. The bellwether Nikkei 225 rose 0.39 percent or 93.53 points to 24,033.79, closing above 24,000 for the first time in eight months. "The market got support from the yen's drop and higher Chinese stocks," Okasan Online Securities chief strategist Yoshihiro Ito said in a note.
Investing.com - Asian equities were mostly higher in morning trade on Wednesday even after U.S. President Donald Trump said on Tuesday that his country would “no longer tolerate abuse” on trade.
On Tuesday, President Trump reiterated his administration’s stance on trade, telling the United Nations General Assembly that his country would “no longer tolerate abuse” on that front. The major U.S. stock indexes settled mixed on Tuesday with the S&P 500 Index and Dow Jones Industrial Average posting losses, and the NASDAQ Composite finishing slightly better. This was the same way they finished on Monday. The Conference Board’s Consumer Confidence report came in well above expectations at 138.4. The previous month was also revised higher to 134.7. This was its highest level in about 18 years. The all-time high of 144.7 was reached in 2000.
It turns out that I joined the staff of the Financial Times, officially on New Year’s Day 1990, just as the Japanese stock market had hit an all-time high (December 31 1989). For a generation now, the prolonged malaise of Japanese stocks after their bubble burst in 1989 has stood as a polar case, a warning of what can happen. When I started covering personal finance a year later, Japan had sold off hard, but remained relatively isolated from the potential effects of the Gulf war, which was about to break out into a full-blown shooting war.
Kiwi Dollar spikes on less pessimistic business sentiment, with Trump and Powell in the spotlight later today to hit the Dollar and the majors.
The broader Topix index was down 0.52 percent or 9.48 points at 1,812.96. "Selling to lock in profits leads trading," Okasan Online Securities chief strategist Yoshihiro Ito said. After an hour of talks in New York, Japan's chief negotiator Toshimitsu Motegi said Tokyo and Washington "basically shared the view on a framework and steps for boosting bilateral trade", according to Jiji Press.
U.S. President Donald Trump is expected to address the United Nations General Assembly today, with many expecting to hear his “America First” rhetoric. Iranian President Hassan Rouhani is also in New York for the assembly. U.S. trade representatives and Japan’s economy minister meet for a second round of trade talks that were postponed from Monday.
Global climbed Tuesday after the U.S. signed a revised free-trade deal with South Korea and traders began looking to Wednesday’s Federal Reserve policy announcement. The Stoxx Europe 600 rose 0.4%, with the index’s oil-and-gas sector up 2%, and European airline stocks suffering as oil prices continued to climb. Deutsche Lufthansa was hardest hit, sliding 4.1%.
Global stock markets turned higher Tuesday as investors parsed the latest news in the United States trade disputes, while the price of oil continued to gain on concerns that OPEC countries would not increase production. Trump said it will help reduce the U.S. trade deficit and create new opportunities to export U.S. automobiles, pharmaceuticals and agricultural products.
Naomi Osaka, the 20-year-old tennis star, became the face of Japanese sporting prowess when she defeated Serena Williams on September 9 to bring Japan its first Grand Slam title. Nissan’s sponsorship — the company declined to give financial details — is likely to be followed by many more. Companies are increasingly turning to sponsorship of sports, entertainment and the arts as a means of promoting their products.
Tokyo's benchmark stock index rose to an eight-month high on Tuesday thanks to a weaker yen, while investors focused on Japan's upcoming trade talks with the United States. The Nikkei 225 index gained 0.29 percent or 70.33 points to close at 23,940.26, rising for the seventh straight session. The broader Topix index was up 1.02 percent or 18.42 points at 1,822.44.
With stats on the lighter side and trade war chatter hitting the markets, Trump’s speech to the General Assembly at the UN could ruffle a few feathers.
Tokyo's benchmark stock index opened lower on Tuesday as investors turned cautious after six days of gains and waited for the outcome of Japan's trade talks with the United States. The key Nikkei 225 index, which ended last week at its best level since January, slipped 0.19 percent or 44.56 points to 23,825.37 in early trade while the broader Topix index was up 0.07 percent or 1.33 points at 1,805.35. "A wait-and-see mood may also spread as investors want to see how Japan-US ministerial trade talks as well as the FOMC (Federal Reserve) meeting will turn out," it added.
The fierce competition between Grab, south-east Asia’s leading ride-hailing service, and Go-Jek, its Indonesian rival, is set to explode across borders as the latter rolls into Vietnam with plans for further regional expansion. Go-Jek, until recently confined to Indonesia, has announced its full launch in Vietnam. It now offers motorbike ride-hailing and courier services in Hanoi and Ho Chi Minh City, the country’s two largest metropolitan areas.
Wall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average. An afternoon sell-off erased modest gains for the S&P 500 that had the benchmark index on track to eke out its own record high for much of the day. "When you have a big up week like we've had, we're at all-time highs, for people to take a little bit of risk off the table going into the weekend isn't a big surprise," said Randy Frederick, vice president of trading and derivatives at Charles Schwab.
Wall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average.
Global stocks rose Friday as a record high on Wall Street buoyed investor sentiment despite global trade tensions. KEEPING SCORE: In Europe, London's FTSE 100 index rose 0.9 percent to 7,433. Germany's ...
Tokyo stocks closed higher on Friday as the yen eased against the dollar on the backdrop of receding trade war worries that boosted US shares. The Nikkei 225 index closed up 0.82 percent, or 195.00 points, ...
Inflation numbers out of Japan this morning were a reminder of how far off the BoJ is from making a move, focus shifting to the EU and the Oval Office.