DUBAI / Reuters Egyptian stocks fell on Sunday, hurt by bomb blasts in the country, while most other Middle East stock markets also ended lower as geopolitical tensions weighed on investor sentiment. Some of the Middle East markets started the day in positive territory as higher oil prices briefly offset concerns about a US missile strike on a Syrian …
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US stocks resilient in week of surprises as VIX stays quiet
Bloomberg A week marked by surprises, from a US missile strike in Syria to a jobs report that was the weakest in almost a year, did little to rattle US equities sitting near record levels. Against a backdrop of rising geopolitical tensions and uncertainty over the Donald Trump administration’s approach to financial regulation, volatility remained muted in the stock …
Read More »Stocks markets fluctuate, dollar rises amid policy bets
Bloomberg Investors turned attention to Washington to gauge the prospects for sweeping policy changes a day after the Federal Reserve roiled markets with talk of shrinking its balance sheet. The S&P 500 Index fluctuated as a rally in crude boosted energy shares, while banks stumbled after White House economic adviser Gary Cohn was said to support separating their business …
Read More »Fed’s quantitative tightening looms over Asia
Bloomberg Asian emerging markets were among the biggest beneficiaries of the Federal Reserve’s massive balance-sheet build-up over the past decade. So it’s tempting to conclude the Fed’s coming asset wind-down bodes ill for bonds and equities from South Korea to Taiwan. The key gauge to watch may not be the pace at which the US central bank’s balance-sheet contracts …
Read More »Chinese stocks are becoming world-beating dividend play
Bloomberg To get in on the hottest equity trade in China right now, you’ll have to be quick. Dividends are emerging as a key lure for investors in the world’s second-largest share market, with stocks of companies that consistently hand out the most cash outperforming the Shanghai Composite Index by the most since 2013. The catch? These plays are …
Read More »Indian shares boosted by property stock rally
Bloomberg Indian shares touched a new high a day before the central bank’s monetary policy meeting, boosted by a rally in property developers. The benchmark Sensex and the NSE Nifty 50 indexes, which reopened after a holiday, extended Monday’s record levels. The Sensex climbed 0.2 percent and the Nifty gained 0.3 percent at the close in Mumbai, while an …
Read More »Global market shares mixed ahead of US-China talks
AP European stocks are mixed after Asian markets finished mostly lower on Tuesday. Investors are cautiously awaiting President Donald Trump’s meeting with the Chinese president later this week. Britain’s FTSE 100 gained 0.4 percent to 7,308.04 and France’s CAC 40 added 0.02 percent to 5,086.52. Germany’s DAX fell 0.2 percent to 12,238.50. Futures showed Wall Street due to open …
Read More »Goldman sees foreigners returning to Japan stocks
Bloomberg Now could be the time for foreign investors to return to Japanese equities, according to Goldman Sachs. Corporate governance reforms, a recovery in domestic demand and the strong performance of local stocks in US dollar terms are all potential catalysts that may lure foreigners back after they sold net 1.1 trillion yen ($10 billion) of Japanese equities last …
Read More »Europe stocks rise fifth day as pound falls on data
Bloomberg European shares advanced for a fifth day, while the pound retreated at the start of a busy week that includes a meeting between Xi Jinping and Donald Trump and culminates in the monthly US jobs report. The Stocks Europe 600 Index gained as much as 0.4 percent before paring the advance, while the euro was little changed after …
Read More »Shares in Turkish chocolate firm tumble
Bloomberg Shares in the sister company of Godiva Chocolatier Inc. plunged in Istanbul after an April Fools’ Day-themed commercial went wrong. The confectioner, Ulker Biskuvi AS, faced an immediate and intense backlash to its 50-second animated clip, with protesters including a government lawmaker gathering outside President Recep Tayyip Erdogan’s Istanbul residence over the weekend. The politician, Metin Kulunk, said …
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