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Most Asia-Pacific markets advanced 1.5-2.5% after the regional MSCI benchmark dropped 3.65% before the weekend and 5.3% last week. The Dow Jones Stoxx 600 was up around 1.55% near midday. US shares are trading higher, and the futures' benchmarks are up 1.0%-1.4%. The dollar bl...
Many investors took comments from Federal Reserve officials, especially the leadership, as evidence of complacency over inflation. As monetary support for the recovery/expansion was removed, the economy would weaken. A dramatic swing in Fed expectations helped spark a recovery, an...
In Asia-Pacific, most large markets were off 2-4%, while smaller bourses such as Singapore, Malaysia, and Indonesia held up considerably better. Europe's Dow Jones Stoxx 600 is off around 0.65% in late morning turnover, and it is set to snap a three-week advance. US shares have st...
European shares are slightly firmer, led by energy and financials. US shares are narrowly mixed. The euro has pushed above $1.22, and the Australian dollar has surpassed $0.8000 as the greenback remains under broad pressure against the major currencies. Rising yields in the US...
All the markets in Asia-Pacific fell save India and Singapore. Most of the large markets in the region were off 1.5-2.5%. Europe's Dow Jones Stoxx 600 is posting minor gains in late morning turnover. US shares are firmer but little changed. Sterling spiked to almost $1.4240 in...
The S&P 500 is poised to gap lower today following slides in the Asia-Pacific region and Europe. Japanese and Taiwanese indices advanced, but steep losses were seen in China, Hong Kong, and India. Europe's Dow Jones Stoxx 600 is off about 0.7% in late morning turnover, among i...
In the Asia-Pacific region, Hong Kong, China, and South Korean markets advanced, but most markets could not overcome the profit-taking pressures. Europe's Dow Jones Stoxx 600 is faring better as it tries to snap a three-day decline. It is nearly flat on the week. US shares are tra...
US and Greater Chinese markets are closed today, but the markets are moving. The Nikkei led the Asia-Pacific region with a 2% gain and pushed above 30000 for the first time since 1990. The Dow Jones Stoxx 600 gapped higher in Europe, led by energy, communications, and financials. ...
The pullback in the dollar that began with the January job report looks to have been completed last week. We expect the stimulus bill to allow the dollar to continue to recover. However, that will be followed by the impact of the fiscal stimulus in Europe and concerns that can be ...
Most Asia-Pacific markets are still closed for the holiday, but Victoria's snap lockdown dragged Australian shares lower. Selling pressure is clearer in Europe, where the Dow Jones Stoxx 600 has had a heavier bias. US shares are also trading off, though coming into today, the S&am...