After rising 16% in April, Japan’s Nikkei 225 NI225 increased 12% last month. However, according to Citi, Japanese stocks may be nearing their top before continuing to advance until the end of the year. Supporting factors have included hopes for a U.S.-Iranian peace agreement, a peak in crude oil prices, a boom in AI and Read More
Asia-Pacific markets exhibited a mixed performance on Wednesday as investors evaluated the implications of recent U.S. military actions in Iran, the precarious nature of the Washington-Tehran ceasefire, and the prevailing optimism regarding the potential for a negotiated settlement. Japan’s Nikkei 225 Closed flat at 64,999.41, relinquishing gains after reaching a new record high, while the Read More
Japan’s Nikkei 225 breached 65,000 for the first time Monday, reaching a record high in holiday-thinned Asia trading. This surge followed reports suggesting that the crucial Strait of Hormuz may soon reopen, which contributed to a decline in oil prices and subsequently bolstered investor sentiment. President Donald Trump stated in a Truth Social post that Read More
Asia-Pacific markets experienced an upward trend on Friday as investors evaluate the diplomatic initiatives between the U.S. and Iran aimed at achieving a peace agreement in the Middle East. However, Tehran’s intention to retain its enriched uranium stockpile domestically, as reported, may complicate its negotiations with Washington. President Donald Trump has prioritised dismantling Iran’s nuclear Read More
Asia-Pacific markets experienced a decline on Wednesday as investors assessed the implications of heightened bond yields alongside a resurgence of geopolitical tensions. This shift in sentiment was influenced by U.S. President Donald Trump’s declaration on Tuesday that he was “an hour away” from making a decision to strike Iran, although he was subsequently convinced to Read More
Asia-Pacific markets experienced a general decline on Monday as investors assessed the implications of heightened geopolitical tensions. This followed U.S. President Donald Trump’s admonition to Iran to “get moving, FAST,” which has sparked concerns regarding possible escalations in the Middle East and the potential for disruptions to global oil supplies. In a recent post on Read More
Asia-Pacific markets exhibited a mixed performance on Wednesday, as investors processed an inflation reading for April that exceeded expectations, amidst apprehensions regarding elevated oil prices and the persistent conflict in the Middle East. President Donald Trump on Monday characterized the month-old ceasefire between the U.S. and Iran as “unbelievably weak” and “on massive life support,” Read More
Asia-Pacific markets exhibited a mixed performance on Tuesday, as investors appeared to dismiss new uncertainties surrounding the tenuous U.S.-Iran ceasefire, following President Donald Trump’s assertion that the truce was on “massive life support.” On Monday, Trump expressed skepticism regarding the longevity of the U.S.-Iran ceasefire, characterizing the tenuous agreement as being effectively “on life support” Read More
Asian markets experienced a predominantly lackluster session on Friday, following a technology-driven decline on US Market. South Korea’s Kospi experienced a decline of up to 5% at one stage, yet the index reduced its losses and ultimately closed down 1.44% at 5,089.14; the small-cap Kosdaq fell by 2.49%, finishing at 1,080.77. Index heavyweights Samsung Electronics Read More
Asia-Pacific markets experienced an upward trajectory on Friday, following the gains observed, as two significant benchmarks reached new highs in the aftermath of the Federal Reserve’s recent decision to lower interest rates. The central bank on Wednesday reduced its key overnight borrowing rate by 25 basis points, establishing a new range of 3.5%-3.75%. Japan’s benchmark Read More
