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This content was published on May 15, 2025 - 00:38 (Bloomberg) — Asian equities were poised to open cautiously on Thursday as Wall Street showed signs of exhaustion following a surge for risk assets sparked by US-China trade talks.Asian equity futures for Japan and Australia fell while those for mainland China and Hong Kong rose. A gauge of US-listed Chinese companies climbed 1.2% on Wednesday. The S&P 500 rose 0.1%, while the Nasdaq 100 gained 0.5%, helped along by an advance for Nvidia Corp that wiped 2025 losses for the...

This content was published on May 11, 2025 - 14:00 (Bloomberg) — After years of coming second to popular Latin American carry trades, Asian currencies are finding their cheapness has become an asset as traders seek to capitalize on the dollar’s eroding premium status.Currencies like South Korea’s won, the Indonesian rupiah, and the Indian rupee rank among the most undervalued in emerging markets relative to their historic average, according to data compiled by Bloomberg. Beyond attractive valuations, fresh economic stimulus in China and signs of progress in US-Asia trade negotiations...

This content was published on May 5, 2025 - 09:24 (Bloomberg) — The dollar weakened and US equity-index futures dropped, threatening to end the S&P 500 Index’s longest winning streak in two decades, as uncertainty about US trade policy hung over markets. Crude oil slumped after OPEC+’s latest supply increase.A gauge of the greenback declined for a second day and contracts for the S&P 500 retreated 0.7% after President Donald Trump said he had no plans to talk to his Chinese counterpart this week, though he signaled trade deals with...

This content was published on May 5, 2025 - 16:37 (Bloomberg) — A historic stock-market run came to a halt as President Donald Trump’s latest tariff remarks provided little relief to investors bracing for the impacts of his trade war on the economy and corporate earnings.Not even data showing a pick-up in growth at US service providers was able to buoy sentiment, with the S&P 500 halting its longest advance in about 20 years. While Trump suggested some trade deals could come as soon as this week, he signaled no...

This content was published on May 5, 2025 - 17:24 (Bloomberg) — A historic stock-market run came to a halt as President Donald Trump’s latest tariff remarks provided little relief to investors bracing for the impacts of his trade war on the economy and corporate earnings.Not even data showing a pick-up in growth at US service providers was able to erase equity losses, with the S&P 500 set to halt its longest rally in about 20 years. While Trump suggested some trade deals could come as soon as this week,...

This content was published on May 5, 2025 - 19:18 (Bloomberg) — Another report showing the US economy entered the trade war on solid footing pushed stocks away from session lows, while bond yields rose amid speculation the Federal Reserve will stay on hold this week.A rebound in industrial shares helped the S&P 500 erase most of a slide that earlier approached 1%. Data showing a pick-up in growth at US service providers helped assuage concerns of a recession even as the outcome of President Donald Trump’s trade war has...

This content was published on May 5, 2025 - 20:16 (Bloomberg) — Another report showing the US economy entered the trade war on solid footing pushed stocks away from session lows, while President Donald Trump suggested that his administration could strike trade deals with some countries as soon as this week.A rebound in industrial shares helped the S&P 500 erase most of a slide that earlier approached 1%. Data showing a pick-up in growth at US service providers helped assuage concerns of a recession even as the outcome of the...

This content was published on April 1, 2025 - 06:01 (Bloomberg) — Asian shares snapped a multi-day losing streak amid increased volatility ahead of President Donald Trump’s tariff rollout plan. A regional gauge gained as much as 1.1% with stocks in Taiwan and South Korea rising the most. US equity-index futures slipped after the S&P 500 staged a late rally, showing markets remain under pressure. Gold hit a record high on demand for haven assets while the dollar strengthened marginally against most of the Group-of-10 currencies.  Traders got further details on...

This content was published on March 4, 2025 - 01:19 (Bloomberg) — Asian stocks fell Tuesday, tracking US shares lower as President Donald Trump’s pledge to impose tariffs on trading partners raised the spectre of a trade war hitting global economic growth.Tokyo and Sydney shares were down, with futures showing equity benchmarks in Hong Kong to open lower Tuesday. The S&P 500 declined almost 2% as the US president said Mexico and Canada couldn’t negotiate a reprieve from tariffs set to take effect Tuesday and signed an order doubling a...