Stephen Innes News

05.03 / 11:11
markets Target DOW Gap economy show reports Stock market today: World markets are lower after China unveils 5% economic growth target for 2024
Shares are mostly lower in Europe and Asia following a decline on Wall Street
26.02 / 04:45
markets economy Nikkei Trade record high Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
Asian shares are mostly lower, although the Tokyo stock markets touched another record high in morning trading
19.02 / 13:37
markets UPS economy Trade reports Stock market today: World shares are mixed as Chinese markets reopen after the Lunar New Year
European shares opened lower after a mixed session in Asia as Chinese markets reopened from a long Lunar New Year holiday
04.12 / 08:39
Action Mercantile Nikkei show track electronic reports Updates Stock market today: Shares mixed in Asia ahead of updates on jobs, inflation
Asian shares are mixed as investors await a slew of U.S. economic data set for release later in the week
14.11 / 15:57
Target Action economy TJX Nikkei President reports inflation data Stock market today: Asian shares are mostly higher ahead of US inflation data and a US-China summit
Asian shares are trading mostly higher ahead of potentially market-moving developments, including a U.S.-China summit and data releases in the U.S., Japan and China
25.10 / 13:11
UPS DOW economy COMPOSITE SPY Support Stock market today: World shares mixed after China pledges more support for slowing economy
World shares are mixed after China pledged more spending to counter its economic slowdown
09.10 / 21:35
UPS Fighting economy reports Stock market today: Markets steady in Asia after Israel declares war following Hamas attack in Gaza
Share prices have opened little changed after the the Israeli government declared war following deadly attacks by Hamas from the Gaza Strip
07.10 / 06:15
UPS DOW economy Asian markets mostly advance, bucking US losses
Asian markets posted gains Friday, shrugging off Wall Street losses ahead of key US jobs data due later in the day. Analysts say signs of a robust American economy, such as strong labour market data this week, are bad news for equities as it gives the Federal Reserve more reason to keep monetary policy tight through to the end of the year and beyond. US Treasury yields hit their highest levels since 2007 this week as investors fear high borrowing costs for businesses and consumers will eventually drag on the economy. All eyes are on Friday's monthly US employment data, which will give investors a good idea of whether recent signs of a softening in the labour market will continue. «European markets look set to open modestly higher ahead of today's US jobs report,» said Michael Hewson, chief market analyst at CMC Markets UK, «which, along with the September CPI report which is due next week could shift the odds significantly on whether we see another rate hike in November». «One other reason for the welcome retreat in yields yesterday may well have been the sharp decline in oil prices we've seen the past couple of days.» On Thursday, the Dow Jones Industrial Average finished flat, while the S&P 500 and Nasdaq index ticked lower. But Hong Kong was on the front foot Friday, with gains of about 1.5 percent by the afternoon, though Tokyo closed marginally lower. Singapore, Seoul and Manila were also up, while mainland Chinese markets were closed for a week-long holiday. London, Frankfurt and Paris all kicked off with small gains. Stephen Innes, managing partner at SPI Asset Management, said the Asian advances were «thanks partly to a drop in oil prices that benefits Asia's colossal oil-importing nations». «This
25.09 / 12:13
UPS Action Strategy SPY country week Commodities Week Ahead: Oil Bulls Seek Higher $90s Amid China, Fed Challenge
After the first weekly loss in four, oil bulls will be raring to push crude oil towards the higher $90s, while top buyer China again faces its recurring bogeyman — an ailing property sector — that’s weighing on its stock market.
15.08 / 05:15
UPS COMPOSITE show reports Asian stocks Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate
Asian stock markets are mixed after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy
11.08 / 08:43
UPS COMPOSITE Tapestry show Asian stocks Stock market today: Asian stocks decline after US inflation edges higher
Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy

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