With trading suspended for part of the day in Hong Kong because of rain storms and investors elsewhere across the region feeling ‘under the weather’ too, there was a subdued air on the trading floors
Stocks rally as US spending announcement boosts recovery outlook and traders put fears of fiscal stimulus drop-off behind them
Persistent concerns about when US monetary chiefs will act to cool an overheating post-pandemic economy had a calming effect on nervous investors
Stocks across Asia’s markets edged ahead on Wednesday as investors were comforted by more calming messages from Washington over its post-pandemic monetary policies
Investors appeared reassured central banks won’t be pushing up interest rates any time soon and that leading economies’ pace of growth will continue
Spooked traders reacting to Fed warnings over imminent interest rate hikes pulled down markets across the Asia-Pacific but many analysts remain optimistic about the post-pandemic recovery
Traders were in calmer mood on Friday with tensions eased by Washington’s interest rate predictions which dealt with worries about runaway prices scuppering the pandemic bounceback
Market movements were minimal as eyes remained fixed on the US looking for signals Washington is set to apply the brakes on its pandemic bounce back
Trading overshadowed by concerns over what Washington will do if its post-pandemic recovery heats up its economy a little too much
Tokyo stocks crept higher but business was light as traders looked to the next Fed announcement on how the US will deal with its post-pandemic boom
Traders confident central bank is likely to maintain ultra-loose monetary policies for some time after Washington dismisses panic over forecast-busting 5% inflation figure
Markets remained in a holding position with light trading and minor dips a sign that traders’ eyes were well and truly on Thursday’s numbers due out of Washington