Category: Stocks

Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020
, ,

Global Stocks Slump as Analysts Forecast 30% Gold Rally in 2020

As global stocks continue to slip fueled by the correction of Asian markets, analysts expect the gold price to surge by 30 percent heading into 2020. The Nikkei 225, a stock market index for the Tokyo stock exchange, plummeted by over two percent on the day alongside South Korea’s Kospi and China’s SSE Composite, which…

Read More
U.S. Stocks Dial Strong Open as Hope Swells for Fed Rate Cut
, ,

U.S. Stocks Dial Strong Open as Hope Swells for Fed Rate Cut

U.S. stocks are set for a strong opening based on pre-market data as the Federal Reserve turns dovish, increasing chances of additional cuts on the interest rate, alleviating pressure from the stock market. Dow Futures inidicate a powerful opening for the U.S. stock market as Fed may shift towards more interest rate cut, alleviating pressure…

Read More
Asian Stocks Levitate as Fed’s Repo Bonanza Continues – CCN.com
, ,

Asian Stocks Levitate as Fed’s Repo Bonanza Continues – CCN.com

Asian stocks rose on Friday, with Japan’s benchmark index reaching new five-month highs amid reports that the Federal Reserve was pledging more liquidity to prop up the financial markets. Asian Markets Rise Stocks across the Asia-Pacific region rose in the final session of the week. Tokyo’s benchmark Nikkei rallied 0.4% and was on track for…

Read More
Asian Stocks Mixed as Bank of Japan Hints at New Stimulus Measures in October – CCN.com
, ,

Asian Stocks Mixed as Bank of Japan Hints at New Stimulus Measures in October – CCN.com

Stocks in the Asia Pacific region diverged on Thursday, as investors assessed the Bank of Japan’s (BOJ) latest policy decision, which maintained the status quo on a long-running stimulus program designed to boost growth and inflation. Asian Stock Markets Diverge Japanese stocks were the clear-cut winners on Thursday, as investors dissected new developments around monetary…

Read More
Asian Stocks See Mixed Results Following Fed’s Unusual Repo Operation – CCN.com
, ,

Asian Stocks See Mixed Results Following Fed’s Unusual Repo Operation – CCN.com

Stocks in the Asia Pacific region traded mixed on Wednesday, as investors gauged prospects for monetary policy after the Federal Reserve took action in re-balancing the money markets. Asian Markets Mixed There was no clear-cut direction in Asian equities on Tuesday. Japan’s benchmark Nikkei 225 index edged up 0.1% to 22,012.72. Japan’s benchmark Nikkei hovers…

Read More
Chinese Stocks Fall, U.S. Bonds Rise as Trump Administration Weighs Iran Retaliation
, ,

Chinese Stocks Fall, U.S. Bonds Rise as Trump Administration Weighs Iran Retaliation

Asian stocks traded mostly lower on Tuesday as Washington and its allies weighed retaliation against Iran for its alleged involvement in weekend drone attacks on Saudi Arabia. | Image: AP Photo/Lee Jin-manAsian stocks tumbled on Tuesday, as the flight from risk assets continued in the wake of devastating weekend attacks on Saudi Arabia’s oil industry.Latest…

Read More