equities


US jobs numbers keep stocks higher

US jobs numbers keeps stocks higher

(ATF) The blowout US non-farm payrolls data last week sent Asian shares higher Monday as investors bet a strengthening American economy will benefit global markets.Japan's Nikkei rose 0.8% while MSCI's broadest index of Asia-Pacific shares outside Japan slipped slightly, with China and Hong Kong closed for Tomb-Sweeping day and Australia …

Continue reading

Are we beginning to see signs of a slowdown, Vikram Murarka asks

Are we beginning to see signs of a slowdown, Vikram Murarka asks

(ATF) If I might be forgiven a not entirely inaccurate generalisation, 12 months ago, when the Dow Jones plunged to 18,214, there were no bulls in the market. Today, the Dow Jones (at 32,628) trades just below a life-time high of 33,228, and now it seems there are no bears …

Continue reading

Markets edgy with eyes on Fed

Markets edgy with eyes on Fed

(ATF) Hong Kong: Asian markets barely held on to gains as edgy investors pared bullish bets ahead of the US Federal Reserve. Sentiment was also soured by off-the-chart GDP growth projections that revived inflation fears.There are also concerns that the Fed will reduce its bond purchase programme to reflect the …

Continue reading

Oil spike, inflation fears sour mood

Oil spike, inflation fears sour mood

(ATF) Hong Kong: Inflation fears continued to haunt investors as investors looked past the US stimulus and upbeat data from the world’s largest economy and braced for higher interest rates.Oil markets were rocked after the world’s largest crude terminal in Saudi Arabia was attacked on Sunday by a drone from …

Continue reading

Yuan hits 2-1/2 year high on China inflows 

Yuan hits 2-1/2 year high on China inflows 

(ATF) HONG KONG: Vaccine rollouts and economic recovery expectations drove the reflation trade further in Asia.Japan’s Nikkei 225 index leapt 1.3%, Australia’s S&P ASX 200 added 0.7% and Hong Kong’s Hang Seng index outperformed, jumping 1.9%. Regionally, the MSCI Asia Pacific index advanced 0.81%.Bitcoin was trading at $49,323.56 in the …

Continue reading

China showbiz shares surge amid new year box office boom

China showbiz shares surge amid new year box office boom

(ATF) Chinese entertainment equities - led by cinema designer Imax China and Alibaba-backed Ali Pictures soared on February 16, fuelled by massive box office receipts over the lunar new year holiday.Cinemagoers in China helped box office receipts reached historic highs during the lunar new year holiday, topping Rmb 1 billion …

Continue reading

Reflation trade boosts Asia

Reflation trade boosts Asia

(ATF) Hong Kong: Asian markets were broadly higher on Tuesday as the reflation trade propelled assets to new highs with cryptocurrencies grabbing centre-stage.“The reflation trade is alive and well if you look at rates (bear steepening), commodities (oil and copper at highs), stocks, bitcoin, or inflation expectations,” wrote Stephen Innes, …

Continue reading

Markets rally before Yellen speech 

Markets rally before Yellen speech

(ATF) Hong Kong: Financial markets rallied on the eve of US President-elect Joe Biden’s inauguration as investors eyed a solid $1.9 trillion fiscal stimulus seen confirmed by Janet Yellen's Treasury Secretary confirmation speech later in the day.“History teaches us that we can expect the markets to react favourably to the …

Continue reading

The Trump China trade starts to unwind

The Trump China trade starts to unwind

(ATF) The Trump trade unwind is beginning in China: As the outgoing US president loses cabinet members and support from his own party, investors are beginning to do the same.Bargain hunters are moving into the stocks that Trump’s anti-China policies have turned into pariahs. The Chinese-listed shares of China Railway …

Continue reading

After a year lost to coronavirus, 2021 already looks exhilarating 

After a year lost to coronavirus, 2021 already looks exhilarating

(ATF) After its disappearance last year, exhilaration will return in 2021. Any qualitative review of 2020, whether in human or capital markets terms, is doomed to cliché already, simply under the burden of the coronavirus as it unleashed its deadly charms.So forget 2020 and its endless dramas with which we …

Continue reading