Wayne's Feed
Sep 23, 2014

Asian relief as China’s factories top low expectations

SYDNEY, Sept 23 (Reuters) – Asian shares recouped early losses on Tuesday
while commodities won a break from recent selling pressure after a reading on
China’s massive factory sector outpaced the market’s bleak expectations.

The HSBC flash reading on manufacturing (PMI) for September rose to 50.5,
from 50.2 in August and confounding forecasts for a dip to 50.0.

Sep 23, 2014

Asia relieved as China flash PMI beats low expectations

SYDNEY, Sept 23 (Reuters) – Asian shares recouped early losses on Tuesday
while commodities won a break from recent selling pressure after a reading on
China’s massive factory sector outpaced the market’s bleak expectations.

The HSBC flash reading on manufacturing (PMI) for September rose to 50.5,
from 50.2 in August and confounding forecasts for a dip to 50.0.

Sep 23, 2014

Asia cheered as China’s factories defy doomsters

SYDNEY, Sept 23 (Reuters) – Asian shares recouped early losses on Tuesday
while commodities won a break from recent selling pressure after a reading on
China’s massive factory sector outpaced the market’s bleak expectations.

The HSBC flash reading on manufacturing (PMI) for September rose to 50.5,
from 50.2 in August and confounding forecasts for a dip to 50.0.

Sep 23, 2014

Asia braces for the worst from China factory survey

SYDNEY (Reuters) – Asian shares slipped on Tuesday as a periodic bout of angst over China combined with the U.S. dollar’s recent meteoric run to pile pressure on commodity prices.

Brent oil was near lows last seen in mid-2012, while gold came off a nine-month trough and copper a three-month low on fears a survey out on Tuesday could show stalling factory growth in China.

Sep 19, 2014

As heat leaves mining, rest of Australia gets to breathe

SYDNEY, Sept 19 (Reuters) – Australia’s miners face tough
times amid a meteoric fall in the price of their cash cow, iron
ore, but there are plenty of reasons to believe the rest of the
economy can weather the storm and perhaps even profit from it.

Instead, the cool down in mining should be a relief since it
offers breathing space for the 90 percent of the economy that
doesn’t involve digging up resources – much of it sucked up by
China, Australia’s major export market.

Sep 18, 2014

Dollar soars to six-year peak on yen after Fed, Tokyo stocks cheer

SYDNEY/TOKYO (Reuters) – Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve’s outlook for rising rates underlined the diverging path between the United states and the rest of the rich world.

In other regional share markets, the reception was mixed, with MSCI’s index of ex-Japan Asian shares falling to 12-week lows, on the spectre of rising U.S. rates and slower economic growth in China.

Sep 18, 2014

Tokyo stocks cheer, dollar surges to 6-yr peak on yen

SYDNEY (Reuters) – Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve’s outlook for rising rates underlined the diverging path between the United states and the rest of the rich world.

The euro skidded to a 14-month trough while gold hit an eight-month low as the dollar swept higher across the board, a move that many investors have been itching to wager on all year.

Sep 18, 2014

Dollar surges to six-year peak on yen, Tokyo stocks cheer

SYDNEY (Reuters) – Japanese shares jumped on Thursday after the dollar vaulted to a six-year peak on the yen as the Federal Reserve’s outlook for rising rates underlined the diverging path between the United states and the rest of the rich world.

The euro skidded to a 14-month trough while gold hit an eight-month low as the dollar swept higher across the board, a move that many investors have been itching to wager on all year.

Sep 17, 2014

Asia shares rise on Fed, China policy speculation

SYDNEY (Reuters) – Asian shares were tentatively higher on Wednesday after Wall Street rebounded on speculation the Federal Reserve would maintain a pledge on low rates when a two-day policy meeting ends later in the session.

The Dow hit a fresh record while the U.S. dollar took a knock after the Wall Street Journal’s Fed watcher Jon Hilsenrath said the central bank would keep the words “considerable time” in its policy statement, though it might qualify them.

Sep 17, 2014

Asia shares edge up as investors second-guess Fed

SYDNEY, Sept 17 (Reuters) – Asian shares crept cautiously
higher on Wednesday after Wall Street rebounded on speculation
the Federal Reserve would maintain a pledge on low rates when a
two-day policy meeting ends later in the session.

The Dow hit a fresh record while the U.S. dollar took a
knock after the Wall Street Journal’s Fed watcher Jon Hilsenrath
said the central bank would keep the words “considerable time”
in its policy statement, though it might qualify them.