- January 3, 2022
- By: Admin2_blog
- Asia Market
Shares in Asia were mixed in Monday morning trade as trading in 2022 kicked off, with some major markets in the region closed.
Asia FX
Shares in Asia were mixed in Monday morning trade as trading in 2022 kicked off, with some major markets in the region closed.
Shares in Asia-Pacific were mixed in Wednesday trade as investors assessed the impact of the omicron Covid variant.
Shares in Asia largely rose in Tuesday trade after the S&P 500 notched yet another record close on Wall Street overnight.
Shares in Asia-Pacific were mixed in Monday trade, with multiple major markets in the region closed for holidays.
Most Asian share markets edged higher on Friday and the safe-haven dollar was on the back foot, on signs the Omicron variant would not significantly derail global economic growth.
Stocks rose with U.S. equity futures Tuesday, signaling a rebound after Monday’s slump, as investors bet that vaccines can help tame the omicron virus outbreak. Treasuries fell.
U.S. equity-index futures gained on Wednesday along with stocks in Europe as traders assessed the latest news on the omicron variant and the Federal Reserve’s signals of stepped-up efforts to curb elevated inflation. Bonds declined.
Riskier currencies bounced from recent lows and safe-havens such as the yen eased against the dollar on Wednesday as traders in Asia lightened some of their worries about the Omicron variant.
Fresh concerns about the efficacy of existing vaccines against the omicron coronavirus strain pushed markets back into risk-off mode on Tuesday, with stocks in Europe dropping alongside U.S. equity futures. Bonds gained as investors sought havens.
The dollar edged higher, the euro fell and the yen steadied on Monday as currency markets reversed some of Friday’s moves, calming after the initial shock of discovering a new coronavirus variant.