IMF raises 2023 economic outlook for Asia

Asian equities gained momentum, taking cues from Wall Street’s positive performance. This came as US Treasuries paused a selloff that had driven 10-year yields up to 4.5%. Traders remain attentive to developments surrounding President-elect Donald Trump’s

Asian stock markets saw gains on Friday, building on positive trends despite a slight cooling in the U.S. stock market’s recent rally following Trump’s election win. U.S. futures and oil prices experienced minor dips, but broader

In light trading on Monday, Asian stocks saw notable gains as Japanese markets remained closed for the Culture Day holiday. Despite ongoing tensions in the Middle East and growing caution around the U.S. presidential election and

Asian stocks showed gains on Monday, driven by relief that Israel’s recent conflict with Iran avoided a full escalation. Israel’s weekend strike against Iran, while serious, steered clear of targeting crucial oil and nuclear facilities, lessening

Asian stocks advanced in trading on Monday, following a volatile start to the day. China made significant policy rate cuts in an effort to address disinflation and stimulate economic recovery, which boosted market sentiment. These developments

Asian stock markets experienced an upswing, buoyed by Wall Street’s strong performance. Notable gains were seen in Shanghai, South Korea, and Singapore, reflecting positive investor sentiment. However, this optimism was tempered by concerns over China’s debt

Asian stock markets experienced significant gains on Monday, while the US dollar reached a seven-week high against the yen, buoyed by surprisingly strong labour market data in the United States. This unexpected economic strength alleviated concerns

Since the end of June, Southeast Asian markets, including the Philippines, have outperformed the United States. This was driven by growing expectations that the US Federal Reserve would adjust its policy, which caused the dollar to

Asian stocks extended their gains, driven by a rise in risk appetite across global financial markets. This positive momentum was supported by China’s latest stimulus measures and an optimistic outlook from the US. In Australia and

Asian stocks saw a significant surge on Tuesday, reaching their highest levels in over two and a half years. This rise was driven by a series of stimulus measures announced by China, alongside growing optimism around

On 20 September 2024, emerging Asian stocks and currencies saw significant gains following a major rate cut by the US Federal Reserve. The Fed’s unexpected decision to lower rates by 50 basis points lifted the outlook

On Thursday, most Asian stocks saw gains, especially in the technology sector, following a strong overnight performance by Nvidia. Japanese markets, in particular, performed well due to lower-than-expected producer inflation data, which contradicted recent hawkish remarks

Asian markets saw mixed results on Tuesday, largely influenced by a rebound in Wall Street the previous night, as investors awaited critical inflation data for further signals on possible interest rate cuts. However, Chinese markets underperformed