|Day's Range||22,244.10 - 22,340.95|
|52 Week Range||19,239.52 - 24,129.34|
Another steep decline in the Turkish lira on Friday pushed emerging market equities lower and kept other world markets cautious, overshadowing hopes that an upcoming U.S.-China meeting would resolve concerns over trade tariffs. The Wall Street Journal reported on Friday afternoon that Chinese and U.S. negotiators are drawing up a road map for their trade talks next week. A Chinese delegation led by Vice Minister of Commerce Wang Shouwen will meet U.S. representatives, China's Ministry of Commerce said on Thursday.
Investing.com - U.S. futures pointed to a lower open on Friday as investors were spooked by a renewed decline in the Turkish lira spurred by the U.S. threat of more sanctions.
Investing.com - Asian stocks were mixed in afternoon trade on Friday after White House economic advisor Larry Kudlow confirmed Chinese-U.S. trade talks will resume later this month, but warned that U.S. President Donald Trump is determined the administration gets a good deal.
Investing.com – Asian stocks rose in morning trade on Friday after White House economic advisor Larry Kudlow confirmed that Chinese and U.S. officials will meet later in August to resume trade talks.
While inflation numbers are due out of the Eurozone and Canada, it’s all eyes on the U.S Dollar, with the markets getting ready for U.S – China trade talks.
Asia markets closed mostly in positive territory on Friday following an update on the U.S.-China trade situation.
Asia markets mostly closed higher on Friday. Sentiment was lifted after news that the U.S. would hold a fresh round of trade talks with China later in August. Asia markets largely advanced on Friday, following a strong lead in from Wall Street and positive news on the U.S.-China trade front.
Up until last night’s announcement, global investors were paying more attention to the events in Turkey than to the trade dispute between the U.S. and China. The news once again brought U.S.-China relations back to the forefront. However, just because it grabbed the headline, investors shouldn’t stop watching Turkey.
Investing.com - Asian markets were mixed in afternoon trade on Thursday as Beijing announced plans to resume trade talks with U.S. in an attempt to alleviate tensions between the two countries.
The catalyst behind the shift in investor sentiment is a report that a Chinese delegation will travel to the United States late in August to hold trade talks.
Investing.com - Asian equities were mostly lower in morning trade on Thursday. Tencent’s earnings report was in focus after the company surprised traders with its first decline in profit in almost 13 years.
The Dollar slides early, with the Asian equity markets rebounding from heavy losses early as hopes of a U.S – China agreement on trade surface.
Japanese regulators are investigating Apple Inc over allegations it unfairly pressured Yahoo Japan Corp to slow the expansion of its online games platform, which competes with Apple's App Store, Japanese media reported on Thursday. The Fair Trade Commission (FTC) is looking at whether Apple interfered in Yahoo Japan's operations by pressuring it to cut back on developing its Game Plus web-based service which enables users to stream games without downloading apps, the Nikkei newspaper reported. Apple did not immediately respond to requests for comment.
Asian shares slipped on Thursday, but pared steeper losses seen earlier amid positive developments in U.S.-China trade ties.
Asian shares closed lower on Wednesday, taking cues from Wall Street's losses. Stocks retraced steeper losses seen earlier after China said it had accepted an invitation from the U.S. for trade talks. Asian shares slipped on Thursday, but pared some of the steeper losses seen earlier after China announced it was planning for a new round of trade talks with the United States.
On Wednesday morning, global markets are again under pressure on new episodes of U.S. trade conflicts. Again, at the epicenter of the fall are the Asian exchanges as MSCI lost 0.8% and Hong Kong’s Hang Seng fell by 1%. US Futures trade lower.
Investing.com - Asian markets were mostly lower in morning trade on Wednesday as recent worries over Turkey’s currency crisis continued to affect investor sentiment.
U.S. stocks climbed Tuesday, halting four-session losing streaks for the Dow Jones Industrial Average and S&P 500, as concerns over the Turkish lira’s recent slide appeared to ease. The Dow industrials added 112.22 points, or 0.4%, to 25299.92, while the S&P 500 gained 18.03 points, or 0.6%, to 2839.96. Stocks have been under pressure in recent sessions, as investors worried that Turkey’s economic crisis could spread to other emerging markets.
Inflation numbers out of the UK will need to jump to hit pause on the Pound’s demise, while U.S retail sales could influence a resurgent Dollar.
Investing.com - Asian markets were mixed in afternoon trade on Tuesday as the Turkish lira crisis began to ripple through other emerging markets. China data were also in focus as the country’s industrial data grew slower than expected.
Investing.com - Asian markets were mixed in morning trade on Tuesday as investors continued to digest the impact of the economic uncertainty in Turkey.
Asian shares closed mixed on Tuesday, as some regional markets bounced back one day after declining over jitters related to economic uncertainty in Turkey.
Turkey's worsening currency crisis sent world equities lower and cut into the value of emerging market stocks and currencies on Monday, while boosting the prices of German bonds and other stable assets. The MSCI world equity index, which tracks shares in 47 countries, was down 0.8 percent on the day and 1.8 percent since Friday's open as the Turkish lira plunged to a record low, forcing the country's finance minister to announce an economic action plan to ease nerves. The lira has tumbled on worries over President Tayyip Erdogan's increasing control over the economy and deteriorating relations with the United States.