Tue, 21-Oct-2025

Asian shares rally, euro anxious for ECB and gas test

Asian shares

Asian shares markets rallied on Monday. Following a much-needed bounce on Wall Street. Nerves stretched ahead of interest rate hike in Europe. Another round of corporate earnings reports.  Japan added 1.4%, having shed 3.5% last week. The Bank of Japan holds its policy meeting.  The euro was a fraction firmer at $1.0091. Asian shares markets … Read more

Asian Shares edged up as Investors expect policy support from Washington

Asian Shares

Asian shares edged up on Wednesday with investors also expecting more policy support from Washington. According to the details, MSCI’s broadest index of Asia-Pacific shares outside Japan gained 0.25% while Japan’s Nikkei advanced 0.35%. Mainland Chinese shares slipped a tad, with bellwether CSI300 index giving up 0.3% on investor caution after having hit a five-year … Read more

Brent Crude up 19 cents at $43.09 a barrel, Nikkei added highest since June

Brent crude

Despite the surge in coronavirus cases in the United States,  fuel demand in the international market witnessed recovery as Brent crude futures were up 19 cents, or 0.4%, at $43.09 a barrel. On the third day of the business week, U.S. West Texas Intermediate (WTI) crude futures spiked 17 cents, or 0.4%, to $40.46 a … Read more

Asian Share Markets pinned down amid COVID 19

PSX update today 8th April 2020

Asian share markets were pinned down on Thursday, haunted by the rising U.S. coronavirus death toll, and with investors braced for more signs of economic pain in the world’s largest economy ahead of another likely record week of jobless claims.   With hopes growing that the worst of the outbreak may have passed for China … Read more