Positive signals from Federal Reserve Chair Jerome Powell that borrowing rates may have peaked fuelled a regional rally
Asia’s investors were keeping their powder dry ahead of the Fed’s latest rates announcement while the yen was under pressure again
A surprise dip in China’s factory activity weighed on sentiment across the region while a Bank of Japan yield curve tweak lifted the local mood
The intensifying conflict in and around Gaza continues to unsettle investors while a host of central bank meetings this week is unlikely to bring good news
Traders were buoyed by signs of a turn in the tide on US prices while China’s industrial firms saw their profits extend gains last month
The long shadow of high interest rates and fading hopes of a Fed U-turn also weighed on sentiment while Beijing’s bond boost eased
China has earmarked the funds for infrastructure, with the major stimulus move lifting the mood on the region’s trading floors
Bonds were under pressure and indexes suffered as investors shunned risk with the conflict in Israel and Gaza weighing heavily on sentiment
Investors were in no mood to take on risk as Middle East tensions showed no signs of easing while surging yields added to the pressure
The violence in and around the Gaza Strip saw investors shun equities and run for safe havens as a bond sell-off intensified
Tensions in the Middle East cast a long shadow over the region’s trading floors even as China reported better-than-expected growth figures
Investors were in a positive frame of mind thanks to strong economic signs from the US even as the situation in Gaza darkened