Friday, 28 December 2018

Asian Stocks Mixed As US Futures Retreat

Wall Street’s wild afternoon rebound failed to reverberate through to Asia on Friday, with the region’s benchmarks putting in a mixed performance and U.S. futures retreating. The yen edged up, heading for its best two-week advance since February.
Equity benchmarks fell in Tokyo, saw modest gains in Sydney, Seoul and Hong Kong. Earlier, the S&P 500 Index erased a drop of almost 3 percent in its afternoon recovery the biggest upward reversal since 2010. It’s been a week of superlatives for stock traders, after American shares climbed the most in more than nine years on Wednesday. In other markets, 10-year Treasury yields held below 2.80 percent, and oil traded around $46 in New York. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Thursday, 27 December 2018

Asian Shares Ride Wall Street Surge, Oil Rally

Asian shares on Thursday latched on to a dramatic surge on Wall Street as markets, battered by a recent drum roll of deepening political and economic gloom, cheered upbeat U.S. data and the Trump administration’s effort to shore up investor confidence. In a buying frenzy that was as spectacular as the recent rout, U.S. stocks soared with the Dow Jones Industrial Average rocketing more than 1,000 points for the first time on Wednesday. That helped push MSCI’s broadest index of Asia-Pacific shares outside Japan up about 0.9 percent and away from eight-week lows. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Friday, 21 December 2018

Sharp Sell-Off Grips D-Street As Sensex Cracks 250 Points, Nifty Gives Up 10,900

Sharp selling in the past few minutes has dragged indices lower. The Sensex is down over 250 points, while the Nifty has given up 10,900. All sectoral indices are trading in the red, with maximum pain visible among automobiles, banks, energy, consumption and the IT space. The Nifty Midcap index is down around a percent. 
The Sensex is down 273.23 points or 0.75% at 36158.44, while the Nifty is down 91.70 points or 0.84% at 10860.00. The market breadth is negative as 791 shares advanced, against a decline of 1052 shares, while 94 shares were unchanged. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 20 December 2018

Rupee Recovers, But Trades Lower At 70.52 Per Dollar

The Indian rupee has recovered from the lows but trading lower by 12 paise  at 70.52 per dollar on Thursday against previous close 70.40.
Rupee gained in the early hour of the session after the dollar came under pressure against its major crosses and fall in global crude oil prices. On the domestic front, rupee was supported after the RBI decided to scale up the amount of liquidity infusion by Rs 10,000 crore to Rs 50,000 crore this month after a review of the evolving liquidity conditions.
For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Wednesday, 19 December 2018

Asia Stocks Hesitant As Investors Rush To Bonds

Asian share markets played second string to bonds on Wednesday as a spectacular fall in the price of oil spurred speculation the U.S. Federal Reserve might be done with tightening after its policy meeting later in the session. MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.4 percent, while Shanghai blue chips were flat. Japan’s Nikkei steadied after an early dip and E-Mini futures for the S&P 500 added 0.4 percent. Oil had stolen the show as a supply glut saw Brent shed almost 6 percent overnight. U.S. crude was last down another 13 cents at $46.11 a barrel, while Brent recouped just 4 cents to $56.30.
For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Monday, 17 December 2018

Asian Shares Hobbled By Mounting Risks To Global Growth

Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions.
MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.1 percent in early Monday trade, led by losses in China and Hong Kong. 
On Wall Street on Friday, the S&P 500 lost 1.91 percent to 2,599.95, marking its lowest close since April 2. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Friday, 14 December 2018

Wall Street Ends Flat As Nervous Investors Flock To Defensive Shares

The S&P 500 finished little changed after a volatile session on Thursday, as investors continued to be spooked by uncertainty on both domestic and international issues, driving up bids for defensive shares while financials and consumer discretionary stocks were the biggest drags.
The S&P 500 posted 11 new 52-week highs and 47 new lows; the Nasdaq Composite recorded 14 new highs and 328 new lows.
On U.S. exchanges 7.55 billion shares changed hands, compared to the 8.02 billion average for the last 20 sessions. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

Thursday, 13 December 2018

Asian Shares, Sterling Up On Pause In Brexit, Trade Fears

Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, and as China appeared to be taking more steps to meet U.S. demands to open its markets. Sterling rallied from a 20-month low after the vote, and was holding onto gains early in the Asian trading day, trading at $1.2629. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961