Asian markets were modestly higher on Friday for the most part following a strong overnight rally on Wall Street that was sparked by the market beating earnings report from Nvidia.
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Asian Daily Market Review
Asian markets were mixed in cautious trade on Tuesday as investors across the region reacted to the overnight losses on Wall Street while also preparing for an upcoming reading on U.S. inflation that could give some clues to upcoming moves from the Federal Reserve. Also in focus was the weakness in the Yen, which remains […]
Asian Daily Market Review
Asian markets were largely higher on Wednesday following another record setting session overnight on Wall Street. Investors were also looking ahead to the U.S. Federal Reserve monetary policy decision just a day after Japan hiked its own interest rates and ended its negative interest rate policy. It’s expected for the Fed to keep interest rates […]
Asian Daily Market Review
Asian markets fell on Friday following overnight losses on Wall Street as stronger than expected inflation data dashed investor hopes for interest rates to begin easing sooner rather than later. The U.S. producer price index showed inflation is still running hotter than expected, meaning the Federal Reserve may hold off beyond its June meeting before […]
Microsoft Adding To Its Generative AI Product Line
Shares of Microsoft were at the top of the Dow Industrials on Thursday, hitting a new all-time high and adding 2.4% by the close. The rally came as the company announced it will be releasing Copilot for Security, an AI tool to help businesses fight cybersecurity attacks, on April 1 this year. Gains came despite […]
Asian Daily Market Review
Asian market closed mixed following overnight gains on Wall Street that sent the S&P 500 and Nasdaq both to new record levels. Markets in Japan and Australia also hit their own new record highs as investors are betting on lower interest rates coming. The latest optimism was sparked by U.S. PCE inflation data for January, […]