market volatility

Taiwan shares close lower amid market volatility

The decrease follows a week of fluctuating trading conditions, where the market experienced a brief surge before settling back. Investors had initially shown optimism, buoyed by positive earnings reports from key players in Taiwan’s robust technology sector. However, this enthusiasm was tempered by broader concerns, including rising inflation rates and potential monetary policy shifts from the U.S. Federal Reserve, which have weighed on global equity markets.

Dollar/Yen exchange rate hits 145.95 amid weakening Dollar; European currencies show mixed response

The temporary low of 145.95 for the dollar/yen pair highlights ongoing selling pressure on the dollar. This decline is attributed to a combination of factors, including shifting investor sentiment and adjustments in currency positions. The yen's rise against the dollar reflects a market reaction to various economic indicators and geopolitical developments impacting currency valuations.

Volatility and recession fears roil U.S. Bond Market amid Yen turmoil and corporate borrowing pause

High-yield corporate bonds experienced a sharp increase in spreads, jumping by about 80 basis points to over 370 basis points above risk-free Treasurys, following a weak U.S. jobs report that pushed the unemployment rate to 4.3%, a three-year high. This volatility has left investors navigating significant uncertainty in the bond market.

Singapore’s STI slumps 1.4% amid speculation on federal reserve rate cuts

The STI, which tracks the performance of Singapore's top companies, closed sharply lower, driven by investor concerns over the implications of possible changes in U.S. monetary policy. The recent sell-off comes amidst growing discussions in financial circles about whether the Federal Reserve will implement rate cuts to address economic slowdowns and inflationary pressures in the United States.

Historic rebound for Japan’s nikkei stock average following record plunge

Warren Buffett’s Berkshire Hathaway cuts $75.5 billion in stock holdings, raises cash reserves

Berkshire Hathaway’s recent decision to cut its stake in Apple by nearly 49% and reduce its Bank of America holdings is a strategic move amid rising cash reserves. This adjustment follows a surge in Bank of America shares and comes at a time of increased market volatility.

Markets are volatile due to Fed decision, oil spike, rate hikes and disappointing US jobs data

Markets are experiencing significant volatility due to geopolitical tensions, economic data, and central bank decisions.

Asian stocks surge pre-U.S. CPI; Nikkei breaks 35,000 mark

As Asian stocks rally in anticipation of the U.S. Consumer Price Index (CPI), the Nikkei breaches the 35,000 milestone, setting the stage for a dynamic market dance ahead. Investors brace for potential impacts on global markets as economic indicators take centre stage.

Asia-Pacific markets wrap up 2023: Xiaomi enters Electric Vehicle market amid market volatility

The focal point of attention was Chinese consumer electronics giant Xiaomi, which unveiled ambitious plans to venture into China's highly competitive electric vehicle market.