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India Stocks Rebounded, Crude Oil Prices Stayed Elevated

Oct 10, 2023
Arjun Pandit
Stocks in Mumbai rebounded and crude oil prices eased from Monday's high. Investors shifted focus to corporate earnings and overlooked global interest rate uncertainties.

India Stocks Turned Lower After Middle East Conflict Lifted Crude Oil Prices

Oct 9, 2023
Arjun Pandit
Stocks in Mumbai declined after geopolitical tensions flared up in the Middle East. Investors looked ahead to earnings season to kick start this week.

RBI Holds Rates Steady, Stocks Power Ahead

Oct 6, 2023
Arjun Pandit
The Reserve Bank of India left its policy rates, economic growth estimate and inflation projection unrevised. Crude oil prices extended weeklong losses on global demand growth worries.

Sharp Fall in Crude Oil Prices and Decline in Bond Yields Supported Market Advance In India and Asia

Oct 5, 2023
Arjun Pandit
Stocks in Mumbai rebounded after yields on global bonds edged lower and crude oil prices dropped 5% on demand growth worries.

India Stocks Under Pressure Amid Rising Global Bond Yields

Oct 4, 2023
Arjun Pandit
Market indexes in India and Asia fell sharply tracking losses on Wall Street after a stronger-than-expected jobs report lifted U.S. Treasury yields to 16-year highs. The U.S. dollar index hovered at a 10-month high.

Nifty Extended Losses After Dollar Jumped to 10-month High, Mixed Vehicle Sales Growth In September

Oct 3, 2023
Arjun Pandit
Rising global bond yields and the advance in the U.S. dollar dragged down market indexes in Mumbai and in Asia. Hero Motocorp and Bajaj reported weak September vehicle sales.

Asian Markets Extended Gains On Monday, Hong Kong Index Soared

Sep 4, 2023
Arjun Pandit
Markets in Asia traded higher following the gains in New York in Friday's trading. China property stimulus measures to support first time home buyers and halt a slide in yuan lifted market sentiment.



China's Weak Inflation Shows Delayed Recovery, Japan's Current Account Surplus Shrinks

May 11, 2023
Arjun Pandit
Stocks turned lower in Shanghai and Hong Kong after mainland consumer inflation dropped to near zero in April on weak demand for goods and wholesale inflation fell deeper in deflation.

Global Weakness In Tech Demand Dragged S Korea's Exports and Taiwan's Economy, Factory Activities Diverged In India and China

May 1, 2023
Arjun Pandit
Asian and European markets closed for a three-day weekend and stocks in Tokyo traded higher in thin trading. Factory activities in China declined but in India accelerated in April. South Korea's exports fell for the seventh month in a row and Taiwan's economy contracted in the first quarter.

Asian Markets Trade Down, South Korea GDP Expanded, Japan's Wholesale Prices Accelerated

Apr 25, 2023
Arjun Pandit
Japan's wholesale prices accelerated in March and South Korea's GDP expanded in the first quarter driven by private consumption. Tech stock led decliners in Hong Kong, Seoul and Tokyo.

Asian Markets Eased, Japan's Trade Deficit Expanded, China Banks Hold Rates

Apr 20, 2023
Arjun Pandit
Asian markets were defensive amid lackluster trading and Japan reported 20th trade deficit in a row in March. Banks in China held their one-year and 5-year lending rates in April.

Asian Markets Track New York Gains, Singapore Holds Rates and Lowers Growth Estimate

Apr 14, 2023
Arjun Pandit
Asian markets traded higher tracking gains in overnight trading in New York after wholesale inflation unexpectedly fell. Singapore left its key lending rate unrevised using its currency control as a policy tool.

Australia Paused Rate Hikes, More Interventions to Support Hong Kong Dollar

Apr 4, 2023
Arjun Pandit
Asian markets muted gains a day after oil producing nations aligned with OPEC+ announced voluntary production cuts. The Reserve Bank of Australia paused its interest rate hike. Hong Kong intervened in the currency market for the third time this year.

China Holds Key Rates, Ocean Freight Rates Plunged to New One-year Low

Feb 20, 2023
Arjun Pandit
North Korea stepped up its short and long range missiles firing in the last three days prompting Japan to request an emergency meeting of the UNSC. China held its key lending rates. Last week, container freight rates from China to North America and Europe plunged to a new low over twelve months.



Aggressive Rate Hike Worries Dragged Asian Markets Lower

Feb 17, 2023
Arjun Pandit
Asian markets closed lower on the renewed worries of aggressive rate hikes in the U.S. Singapore's exports plunged on the weakness in demand for electronics products.