Showing 1 - 10 of 24
Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
SET up 0.2%, global markets cringe over trade war fears
Business, Published on 03/03/2018
» Recap: Global stock markets fell to two-week lows yesterday, with steelmakers taking a pounding after US President Donald Trump said he would impose hefty tariffs on imports of steel and aluminium, reviving fears of a trade war.
Investors heartened by signals from Fed
Business, Published on 31/07/2017
» Recap: US and European stock exchanges picked up last week after the US Federal Reserve kept its interest rate at 1.25% and reaffirmed plans for a gradual tightening of its monetary policy and tapering of its balance sheet.
Talk of end to easy money keeps stocks subdued
Business, Published on 03/07/2017
» Recap: Hawkish comments from central banks signalling that the era of cheap money was coming to an end depressed global stock markets last week, while upbeat Chinese manufacturing data failed to bolster sentiment. Profit-taking erased early gains on anticipation of window-dressing at the end of the second quarter and sent the Thai stock market lower.
Energy-Heavy set slips as equities surge elsewhere
Business, Published on 05/06/2017
» Recap: Asian and European stocks rallied after a record-breaking run on Wall Street, propelled by American hiring data that bolstered confidence in the global economy. Japan's Nikkei ended Friday above 20,000 for the first time since December 2015. Oil headed for a three-week low, however, capping gains on the energy-heavy Thai stock market.
Worries about korea and france keep trade subdued
Business, Published on 24/04/2017
» Recap: Global stock markets were subdued earlier last week amid concerns over mounting geopolitical tension on the Korean peninsula and Sunday's first-round presidential election in France. However, sentiment for risk assets improved later as optimism spread about US tax reform. The Thai stock market moved back and forth amid a dearth of positive catalysts.
Investors keep the party going in year's first week
Business, Published on 09/01/2017
» Recap: Asian stock markets started the year on a strong footing, rising in response to more upbeat sentiment about the global economy and indications that the US Federal Reserve might not be as aggressive in raising interest rates as earlier predicted. The Thai stock market joined in the rally.
Weakness in europe keeps global equities subdued
Business, Published on 31/10/2016
» Recap: Global equities were affected by poor sentiment led by European stocks, which fell for the entire week on disappointing corporate results. The European Central Bank is expected to now consider further stimulus to spur the lacklustre euro zone. The US Federal Reserve, meanwhile, is seen as moving closer to raising interest rates as third-quarter GDP growth of 2.9% exceeded expectations.
Equities hit by us interest rate speculation again
Business, Published on 05/09/2016
» Recap: Higher prospects for a US interest rate increase this year roiled global stock markets last week before the release of tepid job data on Friday weakened the case for any change. The Thai bourse faced selling pressure on Friday as investors cashed out for fear that capital inflows to Thailand would reverse, as has been seen in some other markets in Southeast Asia.
Stocks climb as prospects for fed rate hike recede
Business, Published on 06/06/2016
» Recap: Global stock markets rose last week as investors now believe the US Federal Reserve will not raise interest rates until July at the earliest, given concerns about the market impact of the June 23 UK referendum on EU membership. Poor US job figures for May also weakened the case for a rate hike. A recovery in oil prices also lifted sentiment. Thai shares advanced on buying of energy and bank blue chips.