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As rate increases approach, stocks find it difficult to advance.
Despite the dollar reaching multi-week highs, Asian stock markets were pinned near seven-week lows on Thursday due to investors' concerns that interest rates would need to keep increasing and remaining high to stop inflation in the wake of a slew of positive economic data. The broadest MSCI m...
SOUTH KOREA ONCE AGAIN FAILS TO MAKE IT TO THE MSCI WORLD INDEX
Highlights
• Despite keeping its position in the MSCI EM Index since 2014, South Korean was denied entry to the World Index by the MSCI
• The MSCI said that both Korea and Japan are not doing well enough in providing market information to foreign investors
...
The approaching tariff deadline makes global stocks go down significantly
Global stock markets plunged on Tuesday for a second day, with uncertainty regarding 15 December deadlines for the next round of U.S. import tariffs diminished the appetite for risks and reduced market outsize movements.
The MSCI World Index, which tracks stocks in 47 countries, decreas...
The latest study of jobs analysis
Today, Asia Pacific stocks have closed higher, with India being a significant exception. With 1 percent of rallies led by Hong Kong and South Korea. The region's MSCI index advanced for the week to snap a three-week fall. European and U.S. stock exchanges have not crashed. The Dow Jones Stoxx...
Turkish currency dropped
The huge drop in Turkey’s lira valuation in the wake of the Turkish military advance into Syria has made it October’s worst-performing major currency, a move that looks even starker considering most emerging market currencies have powered ahead.
The lira is no stranger to vo...
Stock markets to grapple losses
Indian stock markets may trade largely steady on Friday amid firm global cues but September quarter earnings are expected to keep investors cautious. Asian shares and US stock futures rose on Friday after US President Donald Trump said he would meet with China’s top trade negotiator which h...
Asian shares soar and pound turns higher
Donald Trump’s announcement to meet with China’s trade negotiator created quite a stir in the Asian stock market, as numbers soared on Friday owning to optimism over the likelihood of a Brexit deal.
As for the European shares they continued the rally, when early in the da...