TRADE WARS - INDO DAILY

Stock markets mixed as Fed's Powell takes centre stage

Aug 27, 2021 (AFP)

The cautious end to the week followed a drop on Wall Street, with sentiment also jolted by geopolitical concerns after a suicide attack at Kabul airport that le...

Asian markets struggle as traders turn focus to Powell speech

Aug 26, 2021 (AFP)

Equities and oil have by and large enjoyed a positive week, helped by full US approval of Pfizer-BioNTech's vaccine and speculation the Fed will take its time i...

Asian markets mixed after strong start to week

Aug 25, 2021 (AFP)

The US Food and Drugs Administration's decision Monday to give full approval to Pfizer-BioNTech's vaccine has given a huge lift to sentiment as it eased worries...

Renewed recovery optimism provides further boost to stocks, crude

Aug 24, 2021 (AFP)

A call by China's central bank for more economic support and a move to keep borrowing costs down also provided some cheer to the region, while investors are kee...

Asian markets hit as Delta, Fed, China jolt recovery rally

Aug 20, 2021 (AFP)

Investors have for more than a year sent valuations surging on the back of colossal government and central bank support as well as optimism that the rollout of ...

Asian markets drop on Fed taper talk, Delta fears

Aug 19, 2021 (AFP)

Expectations of an end to the largesse that helped drive a global equity rally for more than a year added to the already sombre mood on trading floors caused by...

Asian stocks rise as traders eye Wall Street losses

Aug 18, 2021 (AFP)

A fresh lockdown in New Zealand and a curfew imposed in Australia's second-largest city of Melbourne over a Delta outbreak have added to concerns about lockdown...

China's retail sales falter as virus rebounds

Aug 16, 2021 (AFP)

The world's second-largest economy staged a rapid recovery from last year's coronavirus outbreak, beating back the virus with mass testing and strict lockdowns....

Global stocks mixed as Chinese data disappoints

Aug 16, 2021 (AFP)

Major US indices opened the session solidly lower, weighed down not only by lackluster Chinese retail sales and industrial data, but also rising expectations th...

Asian markets drop as traders eye Fed move, Delta spread

Aug 13, 2021 (AFP)

The fast-spreading Delta virus variant, which is forcing governments to introduce containment measures, and the Chinese government's campaign to tighten its gri...

Asian markets mostly down as China fears reappear

Aug 12, 2021 (AFP)

The weak showing came despite a record lead from Wall Street, as traders assessed US figures showing a drop in inflation that eased some pressure on the Federal...

China partly shuts world's third busiest cargo port over virus case

Aug 12, 2021 (AFP)

The closure of a key terminal at the Ningbo-Zhoushan port on the east coast, which handled almost 1.2 billion tons in 2020, reflects China's determination to sq...

Asian markets mixed as traders weigh Delta, recovery outlook

Aug 11, 2021 (AFP)

News that US President Joe Biden's $1.2 trillion infrastructure spending bill had finally passed the Senate provided some cheer, though analysts said it would l...

Asian markets struggle as virus, Fed taper talk blur outlook

Aug 10, 2021 (AFP)

While vaccinations are being rolled out, infection rates continue to climb around the world, forcing some governments -- particularly China and Australia-- to i...

China factory gate inflation surges on commodity prices

Aug 09, 2021 (AFP)

The world's second largest economy has largely bounced back from strict coronavirus lockdowns last year but a fresh spike in cases of the highly transmissible D...

Huge infrastructure bill backed by Biden passes key hurdle

Aug 07, 2021 (AFP)

The $1.2 trillion bill, designed to fund much-needed upgrades to US roads, highways, bridges and high-speed internet, drew the support of 18 Republican senators...

China exports robust in July as port activity rebounds

Aug 07, 2021 (AFP)

Outbound shipments from the world's second-largest economy have remained resilient this year, boosted by demand for goods like medical gear and electronics need...

Asian markets swing as traders digest Delta, US data

Aug 05, 2021 (AFP)

The broad view is that the recovery is still on track while the volatility that gripped the world last week has died down for now, though there remains a certai...

Aug 03, 2021 (AFP)

The recommendation by a hearing officer is a key step in potentially overturning the April ballot, which aimed to create the first union at a US-based Amazon fa...

Asian markets mixed as Delta virus variant fans recovery concerns

Aug 03, 2021 (AFP)

While corporate earnings continue to impress, trader optimism has taken a knock after a series of below-forecast readings from the world's biggest economies inc...