Global stock indices were mixed but mostly lower for the week (Dow Jones -0.1% WoW, S&P +0.2% WoW, Hang Seng +1.6% WoW, Shanghai Composite -0.3% WoW). Investors were disappointed by Federal Reserve Chairman, Jerome Powell’s remarks last Wednesday. Powell offered no indication the central bank was eager to move rates…

Despite onshore Chinese equities taking a breather (-1.8%WoW), Asia equities were modestly up +0.3%WoW with Taiwan, Thailand and Philippines outperforming, while Malaysia, HK and Indonesia underperformed (MSCI, USD basis).

Global index closed higher last week due to better than expected China’s March PMI (50.5 vs consensus of 49.6) signs of progress on US-China trade talks. President Donald Trump’s top economic adviser says the U.S. and China are “closer and closer” to a trade deal, and that top-tier officials would…

Global index ended higher last week as signs of progress on US-China trade talks and better than expected earnings results outweighed fears over a slowing global economy. Dow Jones and S&P index each gained by +1.7% WoW and +1.2% WoW respectively. Treasury Secretary Steven Mnuchin said that discussions between US…

US market moved to negative territory after poor Germany’s PMI data released on Friday (-1.9%DoD), wiping out previous days’ gains (-0.8%WoW). On the other hand, Asian equities edged higher this past week on dovish Fed and good corporate results out of China. The FOMC meeting confirmed the Fed’s bias shifting…

Global markets closed the week higher with S&P 500 posted +2.9% WoW and DJI +1.6% WoW (DJI posted lower gain due to higher weighting on Boeing stock). China’s Premier Premier Li Keqiang highlighted stimulus to smoothen the downward economy pressure. On the other hand, investors will be focusing on the…

Global indexes continued their positive momentum with Dow Jones and Nasdaq booked the ninth straight weekly gain. Growing hopes that US and China can strike a tariff pact has bolstered market optimism. Last Friday, Trump described negotiations with China as having a ‘very good chance’ of resulting in a deal,…