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

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