Tag: Asian markets
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Asia markets temper US-Iran deal optimism as oil prices plunge
Oil prices, which settled at a three-month low overnight, reflected the cautious stance, with Brent crude futures up 0.1 per cent, at US$83.25 a barrel.
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Japanese stocks surge, government bond yields tumble as US, Iran reach peace deal
The Nikkei 225 Index jumped as much as 5.5 per cent to 69,657.09, surpassing the 69,000 level for the first time.
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Asian stocks extend rally on Gulf breakthrough hopes, oil hits two-month lows
US President Donald Trump said on Thursday (Jun 11) that a peace deal could be signed as soon as this weekend, hours after threatening more strikes on Iran.
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Peace hopes steady Europe ahead of expected ECB rate hike
LONDON, June 11 : Europe’s markets firmed on Thursday as reports of ongoing peace talks between the U.S. and Iran nudged oil prices down ahead of what is widely expected to be the first European Central Bank interest rate hike in nearly three years. The pan-European STOXX 600 and the euro both inched higher a
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Stocks drop, oil rises as Iran worries traders
HONG KONG: Fresh worries about the Middle East ceasefire and the prospect of a US interest rate hike hit stocks and oil prices Thursday (Jun 11), following a rollercoaster week for markets that has sent shivers through trading floors.Investors took a little heart from closely watched data Wednesday that showe
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Shares retreat as techs extend losses, US strikes on Iran lift oil
SINGAPORE: Asian stocks fell on Thursday (Jun 11), weighed down by a Wall Street selloff after a hotter-than-expected US inflation reading, while renewed US strikes on Iran fuelled a rise in oil prices.MSCI’s broa
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Asian stocks slide, oil gains as Middle East tensions escalate
The United States launched strikes against Iran after President Donald Trump said Tehran had shot down a US Apache helicopter in the Strait of Hormuz, leaving investors on edge.
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Asian stocks track Wall Street tech bounce, oil eases on Middle East hope
The gains across most equity markets followed a rebound on Wall Street, fuelled by a race to pick up cheaper assets following a sell-off sparked by bets on a US interest rate hike and warnings over tech firms’ valuations.
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Rout in Seoul stocks leads Asian losses as AI tech rally hits wall
HONG KONG: Seoul’s Kospi stock index dived more than eight per cent to lead a rout across Asia on Monday (Jun 8) as tech firms were hammered and strong US jobs data fuelled bets on a Federal Reserve interest rate hike.News that Iran and Israel
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Seoul leads steep Asian losses as AI-led tech rally hits wall
HONG KONG: Seoul’s Kospi stock index dived more than eight per cent to lead a rout across Asia on Monday (Jun 8) as tech firms were hammered and strong US jobs data fuelled bets on a Federal Reserve interest rate hike.News that Iran and Israel had struck each other sparked worries about an escalation of…
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