Asian stocks rose at the open on Tuesday, stabilizing after sharp swings in gold and silver sent ripples through markets, with the precious metals rebounding in early trading. The MSCI Asia Pacific Index climbed over 1% after the worst two-day loss since April. Gold rose 2.7% and silver advanced 4%, after a selloff eased in…
The Indian market ended higher on Friday, with the Sensex and Nifty a four-day losing run, as a cooler-than-expected U.S. inflation reading lifted global risk appetite and rekindled expectations of Federal Reserve rate cuts in the year ahead. The constructive mood mirrored gains across Asian markets, among other supportive cues. The S&P BSE Sensex rose…
Asian stocks fell at the open Wednesday after mixed US inflation data spurred traders to trim Federal Reserve interest rate-cut bets. The MSCI regional gauge dropped 0.4% with losses in Australia, Japan and South Korea. Contracts for the S&P 500 fell 0.3% after the index closed lower Tuesday. Treasuries edged down in early Asian trading…
Japan’s Nikkei share average closed at a more than 11-month high on Monday as investor risk appetite grew after a strong rally in U.S. equities, driven by hopes for trade talks and Federal Reserve’s rate cuts. The Nikkei rose 0.84% to close at 40,487.39, its highest closing level since July 17. The index narrowed its…