Indices

19 July 2024
Taiwan dollar hits 8-year low on chip sell-off

The Taiwanese dollar fell to its lowest level since May 2016, trading at 32.786 per dollar before settling at 32.762, down 0.5%. This decline was driven by a sell-off in chip stocks and concerns over a possible isolationist shift in …

18 July 2024
Japan’s Nikkei drops 2% on global chip sell-off and surging yen

Japan’s Nikkei share average fell sharply on Thursday, driven by a global sell-off in chip-related stocks and a strengthening yen. See why the Nikkei (NI225) dropped 2% to 40,277.86 by the midday break, dipping earlier to 40,112.56, the lowest since …

15 July 2024
Nasdaq and tech stocks plunge as inflation data spurs sell-off   

Tech stocks tumbled, leading the Nasdaq Composite to drop 2% as easing inflation data spurred a sell-off. Tech giants lost over $600 billion valuation.

12 July 2024
Yen fluctuates with intervention talks; Asian shares on track for weekly gain

The yen experienced significant swings on Friday, reflecting investor nervousness after Tokyo likely intervened to support the Japanese currency following a cooler-than-expected U.S. inflation report. Learn what to expect for the Yen in coming weeks.

10 July 2024
Nasdaq and S&P 500 hit new highs as jobs data spurs rate cut hopes 

Nasdaq and S&P 500 soar to fresh records on optimism sparked by a cooling labor market. Upcoming CPI data and Powell’s speech could influence future rate cuts.

9 July 2024
US dollar declines as job growth slows 

The US dollar weakens in the face of softer job growth and expectations of potential rate cuts. Upcoming testimony by Jerome Powell may provide deeper insights.

8 July 2024
Japan’s Nikkei edges higher with profit-taking and market adjustments

The Nikkei share average saw modest gains on Monday, tempered by profit-taking following last week’s record highs. Market sentiment remains cautious with key economic data on the horizon.

4 July 2024
Asian stocks reach 27-month high, dollar falls on rate cut speculation

Key points Nikkei firms toward March top, S&P 500 futures steady. Markets, sterling calm as the UK heads to polls. Odds narrow on a September Fed cut after soft data. Asia stocks soared to a 27-month high on Thursday, driven …

3 July 2024
Nasdaq composite hits record high with AI optimism and strong earnings prospects 

Nasdaq composite reaches a record high driven by AI advancements. Markets focus on insights from the upcoming earnings season.

3 July 2024
Japan’s Nikkei climbs as tech stocks follow US growth shares

Japan’s Nikkei share average rose by 0.81% on Wednesday to reach 40,398.35 as of 0142 GMT, continuing the momentum from its 0.38% higher opening.

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