Tag: Market

Asian traders cautious after sell-off as N. Korea tensions linger

HONG KONG, China (AFP) — Asian markets struggled on Tuesday while the safe-haven yen and gold held gains as traders fret over North Korea’s nuclear test at the weekend, which prompted warnings of US military action. The US ambassador to the United Nations Nikki Haley told an emergency Security Council meeting that Pyongyang was “begging for war” and called for the “strongest possible measures” against Kim Jong-Un’s regime. Also, US President Donald Trump and his […]

Tokyo stocks open higher with eyes on US data

TOKYO, Japan (AFP) — Tokyo stocks opened higher Friday, tracking gains on Wall Street as worries subsided over Hurricane Harvey and North Korea, with investors awaiting US jobs data later in the day. Trade would be cautious ahead of the release of US data including key jobs figures Friday, analysts said. The dollar fetched 110.10 yen in early Asian trade, from 109.97 yen in New York. “The market is closely watching” the US nonfarm payrolls […]

Asian markets mostly up with eyes on banker summit

HONG KONG, China (AFP) — Most Asian markets rose on Tuesday ahead of a closely watched meeting of central bankers later in the week, although there remain concerns about Donald Trump’s economic agenda and geopolitical crises. Equities have been struggling in recent weeks owing to the ongoing stand-off between the United States and North Korea, which has been compounded by Thursday’s terror attack in Barcelona. The US president’s woes have fuelled speculation he will struggle […]

Global markets jittery as Trump fears persist

by Tom Barfield Agence France Presse NEW YORK, United States (AFP) — Global stock markets on Monday failed to recoup last week’s losses, as traders warily eyed geopolitical uncertainty. Wall Street equities treaded water while markets in Europe and Japan slid, suffering from lingering concern over President Donald Trump’s volatile administration and unclear prospects for achieving economic reform. Worries over Trump’s stalled economic agenda and upcoming high-stakes Washington fights had hurt global stocks on Friday, […]

Asian markets start week cautiously

HONG KONG, China (AFP) — Asian traders moved cautiously Monday with turmoil in the White House fueling concerns about Donald Trump’s economic agenda, as a central bankers’ summit comes into view later in the week. While tensions over North Korea have eased, the deadly terror attack in Barcelona on Thursday is keeping focus on geopolitical issues. United States dealers provided a negative lead for their Asian counterparts, with all three main New York indexes ending […]

Tokyo stocks open higher after falls on geopolitical risks

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday in position-adjustment after investors sold heavily Friday in the wake of Barcelona’s deadly attack and amid concerns over United States President Donald Trump’s economic agenda. The benchmark Nikkei 225 index gained 0.16 percent, or 30.37 points, to 19,500.78 in the first few minutes of trade while the Topix index of all first-section issues was up 0.19 percent, or 2.98 points, at 1,600.34. Global stock markets […]

US stocks tumble on Trump woes, Spain attack

NEW YORK, United States (AFP) — US stocks fell sharply on Thursday as a deadly attack in Spain added to existing unease over President Donald Trump’s agenda amid the latest controversy and the split with business leaders. Wall Street stocks were in the red all session, initially due to anxiety over rumors White House economic adviser Gary Cohn would resign due to unhappiness over Trump’s response to a violent rally by racist groups over the […]

Calm returns to Asia markets as US data boosts dollar

HONG KONG, China (AFP) — Calm returned to Asian markets Wednesday, with equities stabilizing after a two-day rally, as the dollar strengthened on encouraging United States economic data. Volatility eased as traders focused on the world economy and corporate earning figures after a week dominated by the dramatic increase in tensions over North Korea triggered a global sell-off before prices bounced back Monday. The greenback rose after official figures showed US consumers splurged in July, […]

Global stocks extend rally as North Korea fears wane

NEW YORK, United States (AFP) — World stock markets mostly rose Tuesday, extending the previous day’s rally as fears receded over a potential clash between the United States and North Korea. Investors have cashed out of haven assets, like gold and the Japanese yen, and ploughed back into riskier assets like equities, with the US dollar also gaining ground. Asian stocks extended a relief rally into a second day, after Pyongyang appeared to put on […]

Tokyo shares rebound on easing US-N.Korea fears

TOKYO, Japan (AFP) — Tokyo shares rebounded Tuesday morning after four days of losses as fears over a US-North Korea military conflict began to recede. Before the Japanese market opened, North Korean state media reported that leader Kim Jong-Un had been briefed on the plan to fire missiles toward the US Pacific territory of Guam, but hinted he would hold off on the provocative launch. That came after US Defence Secretary Jim Mattis and Secretary […]

Tokyo stocks open higher on US jobs data

TOKYO, Japan (AFP) — Tokyo stocks opened higher on Monday after rosy United States jobs numbers provided relief to investors on the prospects for the world’s biggest economy. The benchmark Nikkei 225 index rose 0.55 percent, or 108.84 points, to 20,061.17 in the first minute of trade while the Topix index of all first-section shares was up 0.55 percent, or 9.05 points, at 1,640.50. The US economy continued robust job creation in July, with the […]

Tokyo stocks open lower

TOKYO, Japan (AFP) — Tokyo stocks opened lower on Monday as the yen firmed after below-expectation United States economic growth data. The benchmark Nikkei 225 index slipped 0.22 percent, or 44.45 points, to 19,915.39 in the first few minutes while the Topix index of all first-section issues was down 0.25 percent, or 4.07 points, at 1,617.15. © Agence France-Presse