Wednesday, 9 January 2019

Asian Shares Edge Up On US-China Trade Optimism, Oil Climbs

Japan’s Nikkei rose 0.9 percent while MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.3 percent. Asian shares inched up on Wednesday, supported by optimism the United States and China can strike a trade deal to avoid an all-out confrontation that will severely disrupt the global economy. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996

Wednesday, 2 January 2019

Asian Shares Blindsided On First Trading Day Of New Year By Dismal China Data

Asian shares turned tail on the first trading day of the new year as more disappointing economic data from China darkened the mood and erased early gains in U.S. stock futures. MSCI’s broadest index of Asia-Pacific shares outside Japan skidded 1.1 percent as a private survey showed China manufacturing activity contracted for the first time in 19 months.
The Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) for December fell to 49.7, from 50.2 in November, and followed a raft of soft trade data from the Asian region. The Shanghai blue chip index quickly shed 1 percent and South Korea fell 0.8 percent. Japan’s Nikkei was closed for a holiday. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-17996