TOKYO (Reuters) – A rosy survey on factory activity in the United States gave Asian share markets an early boost on Friday, though underlying concerns about China’s economic growth kept investors from rushing to buy riskier assets.
Japan’s Nikkei share average .N225 led the way, soaring 2.1 percent and Australian shares tacked on 0.6 percent to edge near a five-year peak hit in October. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS advance 0.4 percent.
TOKYO, Feb 18 (Reuters) – A string of disappointing U.S.
data pinned the dollar near six-week lows against a basket of
currencies on Tuesday, while Asian share markets held steady
after notching up solid gains in recent sessions.
The dollar index stood at 80.114 near its lowest
level so far this year while gold and silver stood near 3
1/2-month highs on the back of the dollar’s weakness.
TOKYO (Reuters) – Asian markets held steady near three-week highs on Thursday, as investors were cautiously optimistic after upbeat trade data from China eased concerns over the global economy and helped take some of the sting off the recent emerging markets turmoil.
The new Federal Reserve Chair Janet Yellen’s reassurance on U.S. monetary policy and economic outlooks also appear to have done enough for now to underpin risk appetite.
TOKYO (Reuters) – Asian shares regained a measure of stability on Friday, stepping further away from five-month lows after a strong night on Wall Street and hopeful signs an upcoming crucial U.S. jobs report will put to bed some of the global growth concerns.
In early trade, MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.3 percent, a day after the index posted its biggest gains in over two months.
TOKYO, Feb 7 (Reuters) – Asian shares regained a measure of
stability on Friday, stepping further away from five-month lows
after a strong night on Wall Street and hopeful signs an
upcoming crucial U.S. jobs report will put to bed some of the
global growth concerns.
In early trade, MSCI’s broadest index of Asia-Pacific shares
outside Japan rose 0.3 percent, a day after the
index posted its biggest gains in over two months.
TOKYO, Feb 6 (Reuters) – A sharp fall in the Tokyo stock
market has been a rude awakening for investors who had bet 2014
would see Japanese Prime Minister Shinzo Abe’s massive stimulus
finally bear fruit.
The Nikkei average underperformed most peers around
the world and fell below major technical support lines this
week, adding to a growing sense that the Japanese market has
entered a vicious cycle.
TOKYO (Reuters) – Asian shares took a tentative step forward on Thursday as investors remained wary after the recent selloff in emerging markets raised concerns about the global economic outlook.
A mixed picture on global growth added to the cautious tone in global markets, with many looking ahead to the crucial U.S. jobs report on Friday for a measure of comfort.
TOKYO, Feb 3 (Reuters) – The euro licked its wounds near a
ten-week low against the dollar on Monday after soft euro zone
inflation data rekindled speculation the European Central Bank
may ease policy to stave off deflation.
Worries about capital flight from emerging economies also
kept investors at arms length from risk assets, underpinning the
yen over growth-sensitive, high-yielding currencies.
SYDNEY/TOKYO (Reuters) – The U.S. dollar traded at a one-week high against a basket of major currencies early on Friday, having been swept higher as investors took aim at the euro in a volatile end to a choppy month gripped by concerns over emerging economies.
The greenback was also supported after solid U.S. October-December growth numbers revived hopes that the global economy could, on the whole, take troubles from emerging markets in its stride.
TOKYO, Jan 29 (Reuters) – The yen’s rise in reaction to
turmoil in emerging markets may have suggested the currency is
still viewed as a good defensive play, but closer analysis shows
it is actually losing some of its safe-haven status.
The yen has fallen as the Bank of Japan has been printing
money aggressively as part of Japan’s economic stimulus
measures. There is little safety in holding a depreciating
currency, so it might seem odd that the yen still rose in the
emerging market selloff and fell when emerging markets settled.