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Analytics


12 April 2022
All eyes on US inflation
Asian equities fell on Tuesday amid persistent geopolitical and economic concerns. Japan’s Nikkei 225 gave up 1.8% after remarks by Japanese prime minister as he once again highlighted the importance of FX stability. S&P/ASX 200 dropped 0.42% after the data showed that NAB business confidence index for March came in at 16, adding just three points. Bucking the trend, Hong Kong’s Hang Seng Index reversed early losses to add 0.42%.
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07 April 2022
Selling pressure eases, but investors stay alert after hawkish Fed
Following a sell-off on Wall Street, hawkish comments from the Fed sparked a sell-off in Asian on Thursday, with the COVID-19 lockdowns in China also weighing on investor sentiment. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.53% and Japan’s Nikkei 225 dropped 1.69%. China's stocks fell nearly 1% as Shanghai reported over 19,000 new cases on April 6. South Korea's Kospi declined 1.4% and Australia's S&P/ASX 200 gave up 0.6%.
1401
05 April 2022
USD bulls retreat as stocks cling to modest gains
Asian equity markets extended the advance on Tuesday to reach five-week highs after broad gains on Wall Street. Japan's Nikkei 225 gained 0.19% as well as the S&P/ASX 200 index while South Korean Kospi finished flat. The RBA left the interest rate at a record low of 0.10% to express optimism about the economy and rising wages. The central bank also dropped its patient stance on inflation, thus shifting towards a more hawkish tone.
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01 April 2022
Investor sentiment choppy, dollar bounced ahead of the weekend
Asian equities mostly fell as investors stayed cautious ahead of the weekend. The Nikkei 225 dropped 0.56% after the data showed that the headline index for large manufacturers’ sentiment in the Bank of Japan’s quarterly survey came in at 14, a decline from the previous quarter’s reading of 17. Bucking the trend, the Shanghai Composite rose nearly 1% despite the Caixin/Markit manufacturing PMI for March came in at 48.1, the lowest in two years. 
1367
01 April 2022
Macroeconomic Events for April
Dear clients, Here is the list of the most important economic events for April.
1414
29 March 2022
Risk demand caps dollar gains, pushes stocks higher

Asian equities extended gains on Tuesday as the prospect of more talks between Russia and Ukraine helped investor sentiment.
1447
24 March 2022
Commodities trending north along with the dollar
Asian stocks were mixed on Thursday, as volatile commodity prices added concerns to investors amid the impact of an ongoing military operation in Ukraine. China’s Shanghai Composite was down 0.39% and Hong Kong’s Hang Seng gave up 0.29%. Australia’s S&P/ASX 200 managed to finish slightly higher, aided by gains from materials, mining and energy stocks on higher commodity prices. The Nikkei 225 in Japan gained 0.25% after the data showed that the country’s manufacturing sector continued to expand in March.   
1347
23 March 2022
Stocks, dollar steady as volatility ebbs
Asian equities were mostly higher to hit three-week highs on Wednesday, with tech stocks leading gains. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6%, while Nikkei 225 rallied 3% to touch a two-month top. Hang Seng in Hong Kong added 1.21% while Shanghai Composite advanced just 0.34% amid lingering concerns over COVID-19 cases in China. 
1399
15 March 2022
Stocks on the defensive, dollar struggles to resume the ascent

US stocks closed lower on Monday, erasing early gains as investors keep cautiously monitoring developments surrounding Ukraine. Russian and Ukrainian delegations held a fourth round of talks, but no progress was announced. Market participants are also looking ahead to the Federal Reserve's next monetary policy decision due on Wednesday. The Dow Jones Industrial Average erased earlier gains to end little changed. The Nasdaq dropped 2%, and S&P 500 fell 0.74%.

1427
14 March 2022
Markets in cautious mode, greenback retreats

Asian stocks mostly slipped on Monday, with Chinese and Hong Kong stocks leading the losses as new local COVID-19 cases in China rose to a two-year high, hampering the outlook for the economy. Amid shutdown measures, Toyota announced a suspension of production in China’s Changchun city. Hong Kong’s Hang Seng plunged nearly 5%. On the positive side, Japan’s Nikkei 225 gained 0.58%.

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08 March 2022
Equities pressured, dollar slightly off fresh peaks

US stocks plunged on Monday, with indexes suffering the worst session of the year as Russia-Ukraine conflict kept intensifying. Fresh talks between Ukrainian and Russian officials made little progress on negotiating a cease-fire, adding to investor concerns. Meanwhile, Biden administration is considering whether to ban the import of Russian oil and energy products. Such step could intensify economic pressure, especially as commodities keep rallying already. As such, the Dow finished down 2.4%, the S&P 500 fell 3%, and the Nasdaq shed 3.6%.

1418
03 March 2022
Volatility ebbs somehow, Russia-Ukraine talks in focus
Asian stocks extended gains after reassuring comments from the Federal Reserve. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4%, extending recovery from 15-month lows. The Nikkei 225 in Tokyo rose 0.7%, the Hang Seng in Hong Kong gained 0.5%, and the Shanghai Composite Index in China advanced less than 0.1%. As tensions surrounding Ukraine stay elevated, the World Bank stopped all of its programs in Russia in response to the invasion of Ukraine while Fitch downgraded Russia to 'B' from 'BBB'.
1436
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