Asia markets


Improving economic outlook sustains market gains

Improving economic outlook sustains market gains

(ATF) Hong Kong: Asian markets were broadly firm as the US Federal Reserve minutes showed its view of the economy continued to improve and that it would continue asset purchases until it meets its employment and price stability goals.But Chinese markets remained under pressure as tensions between Beijing and Taipei …

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Undertone firm awaiting more US stimulus

Undertone firm awaiting more US stimulus

(ATF) Hong Kong: Asian markets made tentative gains after the collapse of US family office Archegos Capital was seen contained in its impact and the attention was focused on President Joe Biden’s speech, which will reveal spending plans and details of the ramped-up vaccine efforts.US Treasuries fell and the 10-year …

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Markets eye yields as economies recover

Markets eye yields as economies recover

(ATF) Hong Kong: Asian markets were broadly steady with China outperforming after data showed the world’s second largest economy continues to build on its recovery.China’s producer prices rose at the fastest pace in over two years as global customers sourced more goods from the global manufacturing hub.“We think the continued …

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Economic recovery hopes boost markets

Economic recovery hopes boost markets

(ATF) Hong Kong: Asian markets were broadly higher after economic recovery hopes brightened ahead of the launch of the vast US stimulus package and on confidence the risk of inflation was manageable. But Mainland China’s market underperformed as investors digested National People’s Congress (NPC) takeaways that revolved around less credit …

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Markets ease on NPC's muted optimism

Markets ease on NPC's muted optimism

(ATF) Hong Kong: Asian markets extended falls after US Federal Reserve chair Jerome Powell indicated he was comfortable with the current spike in interest rates, which dulled the lure of risky assets while oil prices surged after the OPEC+ did not rein in supply limits.Adding to the gloom, China set …

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Rates sell-off spooks markets  

Rates sell-off spooks markets  

(ATF) Hong Kong: Asian markets were hammered by investor concerns that central banks could be behind the curve in raising interest rates with the prospects for a surge in US consumer spending after the White House announced a major vaccine programme.The US plan to vaccinate every adult by the end …

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HK investors stamp their disapproval 

HK investors stamp their disapproval 

(ATF) Hong Kong: Asian markets retreated as the relentless surge in US Treasury yields prompted investors to lighten up on risk with Hong Kong markets taking an additional hit from an increase in stamp duties proposed in the government budget.Hong Kong announced its first stamp-duty increase on stock market transactions …

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Reflation trade reflects economic optimism

Reflation trade reflects economic optimism

(ATF) Hong Kong: Asian markets were in the throes of the reflation trade rally, but inflation worries kept investors on the edge as copper prices rose to 9-1/2 year highs and oil extended gains.This in turn was reflected in elevated bond yields with the 10-year US Treasuries hovering around 1.36%, …

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Liquidity fears grip China markets

Liquidity fears grip China markets

(ATF) Hong Kong: Chinese markets underperformed the region as investors grew jittery about policy normalization following warnings about the formation of asset bubbles, while rising commodity prices kept global markets on edge.Copper prices hovered around nine-year highs with oil extending gains as Brent crude futures added 0.7% at $63.33 a …

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Soaring yields spark funding cost worries

Soaring yields spark funding cost worries

(ATF) Hong Kong: Asian markets retreated amid worries about the impact of rising bond yields on corporate funding costs at a time when economic recovery is just starting to take root.Financial analysts remain cautious about the new strains of the coronavirus that continue to emerge, although the vaccine roll-out and …

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