Asian markets in cautious mood as Omicron spreads, US CPI looms

SYDNEY: Asian stock markets made a cautious start on Monday as Omicron emerged in more countries and investors faced a weeks-long wait for key US inflation data that could settle the course of interest rates. A mixed US jobs report shook the market’s hopes of a more aggressive tightening by the Federal Reserve and was … Read more

Asian markets rebound from virus-led selloff

HONG KONG: Asian stock markets were trading in positive territory on Tuesday as investors turned cautiously optimistic that the new Omicron version may not cause widespread global economic disruption to worsen the coronavirus pandemic. The higher open on Monday followed a sharp lead from Wall Street, which reacted to US President Joe Biden’s news that … Read more

Nikkei eases early losses as investors digest Omicron’s risks

Tokyo: The Japanese stock index Nikkei pared almost all of its early losses on Monday, as investors tried to assess how much the economy could be hit by the Omicron version of the coronavirus. The Nikkei average was down 0.02 per cent at 28.746.49 by afternoon break, having fallen 1.4 per cent earlier in the … Read more

Renewed Covid, inflation concerns in most Asian markets

Hong Kong: Asian markets fell mostly on Monday, amid fears of renewed containment measures to stem a surge in European Covid cases, adding to growing speculation that central banks should tighten monetary policy to stem a spike in inflation. Will have to accelerate The expanding deficit came as major consumers, including the United States, contemplated … Read more

Sensex breaks 500 points: Inflation threat and what is scaring D-Street

New Delhi: Benchmark indices made a cautious start on Thursday after US inflation hit a 30-year high, raising fears of an earlier hike in interest rates in the world’s largest economy. Such fears could accelerate foreign outflows and trigger higher volatility in emerging markets such as India. All this was reflected in the fear gauge … Read more

Asian markets struggle to track Wall St rally, eyes on US jobs

Hong Kong: Asian markets were mixed on Friday after the previous day’s gains, with key US jobs data released later in the day, while investors also assessed the central bank’s monetary policy outlook on rising inflation. are doing. Equities around the world enjoyed a healthy run-up after the Federal Reserve finally announced its plans to … Read more

Asian markets rally as Fed unveils taper plan, says patient on rates

Hong Kong: The Federal Reserve said this month it will begin to ease its pandemic support program but will be patient in raising interest rates as the economy continues to recover, followed by Asians to track another record on Wall Street. Markets rose on Thursday. The announcement ended speculation about the bank’s plan for a … Read more