Asian equity markets rebound as investors shrug off another tech-led selloff on Wall Street

Asian equity markets rebound as investors shrug off another tech-led selloff on Wall Street. Japan's yen stabilized near 154 per dollar as the US acknowledged "serious concerns" over a rapidly weakening yen. U.S. Stock futures rose on Thursday after the S&P 500 and Nasdaq Composite posted their 4th straight day of losses.

Earthquake Of Magnitude 6.22 Strikes Shikoku, Japan

A Magnitude 6.4 Earthquake With A Maximum Seismic Intensity Of 6- Has Occured In The Bungosuido Strait At 2024/04/17 08:19

Can Japan's Stock Market Continue Its Record-Setting Run?

Japan’s equity benchmark, the Nikkei 225 Index, has eclipsed its previous high set in 1989. Solid economic growth, a revamp in the country's tax-free stock investment program and corporate governance reform have helped propel Japanese equities to record highs. We believe the market has room to climb further due to a positive cyclical backdrop.

Asia markets mixed, mirroring global sentiment after Powell remarks

Asia markets mixed, mirroring global sentiment after Powell remarks. Japan's trade balance swings to surplus in March as exports surge. U.S. Stock futures were mixed on Wednesday as first quarter earnings season kicks into high gear. All three major Asian markets ended mixed on Tuesday. Investors remain vigilant amid ongoing tensions in the Middle East.

Japan’s trade balance swings to surplus in March as exports surges while imports decline

Japan’s trade balance swings to surplus in March as exports surges while imports decline. Shipments rose by 7.3% y/y to the largest amount in three months of JPY 9,469.60 billion. A private survey showed that sentiment among manufacturers in the country eased in April.

World Trade Organization's Ngozi Okonjo-Iweala Says If Trump Is Elected And 10% Tariffs Enforced This Would Result In 'Tit For Tat Approach' And 'Lose-Lose' Situation

Fund manager bullishness nears 'close-your-eyes-and-sell' levels

fund manager bullishness nears 'close-your-eyes-and-sell' levels. Money managers are the most bullish they have been in more than two years. Expectations for bonds have reversed and the highest percentage of respondents consider gold overvalued. Optimism on global growth rose for the first time since December 2021.

The Tides Of Time: The Impact Of Aging Demographics

Asia markets in red tracking global stock selloff and despite strong GDP growth in China

Asia markets in red tracking global stock selloff and despite strong GDP growth in China. China's Q1 GDP expands 5.3% Y/Y, beats expectations. Retail sales rose more than expected in March, suggesting interest rates may stay steady. China reports air passenger numbers +37.7% in Q1 2024.

"Japan Readies Antitrust Action Against Google Over Search Ads; Regulator Expected To Accept Voluntary Improvement Plan In Case Involving Yahoo Tie-Up" - Nikkei Asia

Japan's antitrust watchdog is planning to push Google to voluntarily reform its business practices over alleged unfair restrictions on a search advertising partnership with Yahoo. The Japan Fair Trade Commission has been investigating Google over keyword-targeted search ad technology it provides to Yahoo. Google is believed to have already submitted an improvement plan to prevent the problem from happening again.

Weekly Report: what happened at EWJ last week (0408-0412)?

Asia markets in red as tensions in the Middle East mounted after Iran attacked Israel

Asia markets in red as tensions in the Middle East mounted after Iran attacked Israel over the weekend. Japanese machinery orders beat expectations for February. China's People's Bank of China kept its lending rate at 2.5%. All three major Asian markets ended in red on Friday.

Weekly Commentary: Trouble Brewing In Financial Asset Wonderland

Doug Noland: The Fed's misguided dovish pivot unleashed precariously loose market conditions. He says the market is in the midst of a bubble. He argues that Bubbles can inflate to unimaginable extremes - and then quadruple. Noland says the late-cycle fear of Bubbles is missing out on the reality.

Mitsui & Co And Mitsubishi Corp Will Work With U.S.-Based Sempra Infrastructure To Sell Liquefied Natural Gas Made Via Process That Generates Up To 90% Less Carbon Dioxide; Mitsui And Mitsubishi In Talks To Sell LNG To Japanese Electricity And Gas Companies; Look To Begin Production Around 2029 At A Major LNG Facility In Louisiana

Asia markets mixed ahead of trade data in China and bank earnings

Japan's industrial output falls more than initially anticipated to 0.6% in February

Japan's industrial output falls more than initially anticipated to 0.6% in February 2024. Japan's Nikkei 225 rose 0.31% to close at 39,564 on Friday. Yearly, industrial output fell by 3.9% in the fourth straight month of contraction.

The Bank of Japan's New Path Ahead

The Bank of Japan is set to normalise monetary policy when certain conditions are met. In March, the BoJ raised rates for the first time in 17 years. ING expects inflation to fall below 2% and a recovery in domestic demand growth to support growth in 2024. The market is pricing in a 25bp hike by the end of the year.

Japan's Kishida On Nippon-U.S. Steel Deal, Says Japan Believes Appropriate Procedures Based On U.S. Law Are Being Implemented By U.S. Government; Hope To Cement Win-Win Relationship

Goldman Sachs Begins Shifting Away from Tech Sector