Asia stocks lower as global recovery slows and Covid cases climb

Pandemic and the economy

Asia stocks lower Shares were mostly lower in Asia on Friday after U.S. stocks struggled amid uncertainty over rising Covid-19 cases and new risks appearing. Nikkei index closed down at: 28000 a drop of around 276 points On Thursday, U.S. stock indexes closed mostly down from recent highs. Asia stocks followed suit amid a rise in pandemic cases slowing global economic growth. Some 111 countries now have the delta variant as the prominent strain. U.S. indices The S&P 500 closed down at: 4360 The index may now show its first…

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Jittery market gyrations

Fearful

Market jitters On Monday, 18th May 2020 the markets basked in positive news pushing stocks up. Fed chair, Jerome Powell, said he had more ammunition to help the economy recover from its coronavirus hit. Then came more positive news from a U.S. pharmaceutical company, Moderna Inc., saying that their vaccine phase one trials had gone very well. Markets soared on the news with the Dow gaining over 900 points. Later, U.S. stocks pulled back in the final hours of trading yesterday as a report surfaced apparently casting doubt over the…

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Markets update October 8th 2019

Stocks fall

Markets update Summary Asia stocks edged higher. Japan’s Nikkei closed up at: 21588. But pressure on U.S. markets as futures show Dow to open down by some 200 points. Brexit Report released today suggests a Brexit ‘no-deal’ could see UK government borrowing hit a 50 year high to as much as 90% of national income or Gross Domestic Product (GDP). As a figure that could be as much as £100 billion! So, after all those years of austerity the UK still may not have ‘balance’ the books, and that’s worrying.…

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Australia cuts key interest rate – other market moving news and events 1st October 2019

Stock Markets

Australia cuts key interest rate The Reserve Bank of Australia cut its key Bank Rate by 0.25% to a new record low of 0.75%. The economy grew at its slowest pace in Q2 2019 for a decade. Other market moving news roundup China celebrates 70 years of Communist rule with military parade. U.S. denies rumours of China investment restrictions as ‘fake’ news. South Korea’s exports drop for 10th month in a row. Japan’s manufacturers’ sentiment at 6-year low. Japan’s Manufacturing activity shrank at its fastest pace in seven months in…

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Events and scheduled daily market news for 30th September 2019

Stock Market

Events and scheduled daily market news most likely to move markets on Monday 30th Key: Red – very likely to move markets. Amber – likely to have a market affect. Blue – less so. Japan – industrial production & retail trade data due overnight China – manufacturing data and non-manufacturing due overnight Germany – retail sales data due at: 07:00 BST Denmark – GDP data due at: 07:00 BST Spain – GDP data due at: 08:00 BST Germany – employment data due at: 08:55 BST UK – GDP data due…

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Optimism over potential U.S. – China trade deal talks returns. Daily market moving news & events roundup, 30th August 2019

USA China Deal

Market moving daily news roundup – events & news likely to move markets 30th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic calendar – scheduled news and events 30th August 2019 UK – consumer confidence reading due Japan – consumer price index data due & retail trade data Japan – jobs, unemployment data due Germany – retail sales data due UK – consumer credit data due EU – consumer price index data due EU – unemployment…

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Asian markets rise, daily market moving news & events roundup, 19th August 2019

Stock markets

Market moving daily news roundup – events & news likely to move markets 19th August 2019 Company performance, economic and political events but especially market sentiment will always influence market movement, good or bad. Summary Economic news calendar 19th August 2019 main market moving scheduled events Japan – trade balance, export & import data due UK – Rightmove housing data due EU – consumer price index data due at: 10:00 BST Note Items highlighted in red are more likely to move markets, amber and blue less so. Only what I…

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News economic calendar 16th August 2019 market moving scheduled events

Economy

Main scheduled daily economic news and data most likely to move markets today, 16th August 2019 Japan – foreign investment data due South Korea – trade balance data due Hong Kong – GDP data due at: 09:30 BST EU – trade balance data due at: 10:00 BST U.S. – housing data due at: 13:30 BST Note Items highlighted in red are more likely to move markets, amber and blue less so. What I regard as the ‘main’ scheduled events are listed here

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Economic calendar news, 15th August 2019 market moving scheduled events

Main scheduled daily economic news and data most likely to move markets today, 15th August 2019 Australia – employment and consumer inflation data Japan – industrial production data UK – retail sales data due at: 09:30 BST U.S. – retail sales data due at: 13:30 BST U.S. – jobless claims data due at: 13:30 BST U.S. – industrial production data due at: 14:15 BST Note Items highlighted in red are more likely to move markets, amber and blue less so. What I regard as the ‘main’ scheduled events are listed…

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Economic calendar 9th August 2019, market moving scheduled events

Economy

Main scheduled daily economic news and data most likely to move markets today, 9th August 2019 Japan – GDP figures China – consumer price index data due China – producer price index data due Australia – RBA monetary policy statement due Germany – trade data due at: 07:00 BST UK – GDP figures due at: 09:30 BST UK – manufacturing data due at: 09:30 BST U.S. – producer price index data due at: 13:30 BST Canada – employment data due at: 13:30 Note Items highlighted in red are more likely…

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