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Asian stocks rose on Tuesday as hopes of a global recovery from the COVID-19 pandemic outweighed the fears of simmering U.S.-China tensions and economic damage.
However, gains were held down after U.S. President Donald Trump vowed to use force in an attempt to end violent protests in America. The announcement led Wall Street stock futures into negative territory in Asia.
MSCI’s broadest index of Asia-Pacific Shares outside Japan gained 0.41% on Tuesday, continuing its best performance in two months in the previous day.
European stocks kicked off strong for the month of June with EUROSTOXX futures gaining 0.71%. Meanwhile, FTSE futures gained 0.52%, and Germany’s DAX futures climbed by 0.59% during an afternoon session in Asia.
On Friday, the Chinese technology company ByteDance said that it would consider listing its domestic businesses in Hong Kong or Shanghai due to rising Sino-U.S. tensions. The company's standalone listing in Hong Kong or Shanghai might value ...
The Dollar fell to two-year lows on Friday, heading to its lowest decline in 10 years as concerns mounted over the economic recovery of the U.S. amid a second resurgence of the COVID-19 pandemic. The Dollar index plunged to 92.777, on course ...
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
Oil prices fell on Thursday as the rising global coronavirus cases weighed on fuel demand recovery just as OPEC+ producers are set to increase supply. The Brent contract for October slid 0.05%, or 2 cents, at $44.07 per barrel, while the September ...
Asian stocks advanced on the prospect of ultra-easy monetary policy as the U.S. Federal Reserve kept interest rates near zero. Fed deemed it necessary to salvage the ailing economy, dragging the dollar down to a two-year low. The target range ...
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