Asian Stocks Mixed as Volatility Continues 

© Reuters.

By Alex Ho 

Investing.com – Asian markets were mixed on Wednesday morning, as Japanese stocks outperformed its regional peers following the release of data that showed the country’s exports fell less than expected last month

Provisional data released by the Japanese Ministry of Finance on Wednesday showed a 1% drop in year-on-year in February, less than the 4.3% predicted by analysts.  

The rose 1.83% by 11:30 PM ET (3:30 GMT) whilst neighbouring South Korea’s idown by 0.48%. 

Hong Kong’s rose 0.1%. China’s was up 0.85%  and the gained 1.10%. 

Australia’s reversed its gains yesterday by losing 4.93%. 

Stock markets continued to see saw but may find some support from fiscal stimulus being deployed by central banks.  

In the U.S., as much as $1 trillion could be pumped into the economy, Treasury Secretary Steven Mnuchin said overnight. This could include direct payments to Americans not unlike the HK$10,000 ($1,288) that Hong Kong proposed last month to all permanent residents.  

Overnight, the tech heavy led gains and closed up 6.23%, the  30 rose 5.20% increase and the gained 5.39%. 

<span xml:lang="EN-HK"

Read More Here...

Asian Stocks Mixed as Volatility Continues 

© Reuters.

By Alex Ho 

Investing.com – Asian markets were mixed on Wednesday morning, as Japanese stocks outperformed its regional peers following the release of data that showed the country’s exports fell less than expected last month

Provisional data released by the Japanese Ministry of Finance on Wednesday showed a 1% drop in year-on-year in February, less than the 4.3% predicted by analysts.  

The rose 1.83% by 11:30 PM ET (3:30 GMT) whilst neighbouring South Korea’s idown by 0.48%. 

Hong Kong’s rose 0.1%. China’s was up 0.85%  and the gained 1.10%. 

Australia’s reversed its gains yesterday by losing 4.93%. 

Stock markets continued to see saw but may find some support from fiscal stimulus being deployed by central banks.  

In the U.S., as much as $1 trillion could be pumped into the economy, Treasury Secretary Steven Mnuchin said overnight. This could include direct payments to Americans not unlike the HK$10,000 ($1,288) that Hong Kong proposed last month to all permanent residents.  

Overnight, the tech heavy led gains and closed up 6.23%, the  30 rose 5.20% increase and the gained 5.39%. 

<span xml:lang="EN-HK"

Read More Here...

Asian Stocks Mixed as Volatility Continues 

© Reuters.

By Alex Ho 

Investing.com – Asian markets were mixed on Wednesday morning, as Japanese stocks outperformed its regional peers following the release of data that showed the country’s exports fell less than expected last month

Provisional data released by the Japanese Ministry of Finance on Wednesday showed a 1% drop in year-on-year in February, less than the 4.3% predicted by analysts.  

The rose 1.83% by 11:30 PM ET (3:30 GMT) whilst neighbouring South Korea’s idown by 0.48%. 

Hong Kong’s rose 0.1%. China’s was up 0.85%  and the gained 1.10%. 

Australia’s reversed its gains yesterday by losing 4.93%. 

Stock markets continued to see saw but may find some support from fiscal stimulus being deployed by central banks.  

In the U.S., as much as $1 trillion could be pumped into the economy, Treasury Secretary Steven Mnuchin said overnight. This could include direct payments to Americans not unlike the HK$10,000 ($1,288) that Hong Kong proposed last month to all permanent residents.  

Overnight, the tech heavy led gains and closed up 6.23%, the  30 rose 5.20% increase and the gained 5.39%. 

<span xml:lang="EN-HK"

Read More Here...

Asian Stocks Mixed as Volatility Continues 

© Reuters.

By Alex Ho 

Investing.com – Asian markets were mixed on Wednesday morning, as Japanese stocks outperforming its regional peers following the release of data that showed the country’s exports fell less than expected last month

In Japan, provisional data released by the Ministry of Finance on Wednesday showed a 1% drop in year-on-year in February, less than the 4.3% predicted by analysts.  

The rose 1.83% by 11:30 PM ET (3:30 GMT) whilst neighbouring South Korea’s idown by 0.48%. 

Hong Kong’s rose 0.1%. China’s was up 0.85%  and the gained 1.10%. 

Australia’s reversed its gains yesterday by losing 4.93%. 

Stock markets continued to see saw but may find some support from fiscal stimulus being deployed by central banks.  

In the U.S., as much as $1 trillion could be pumped into the economy, Treasury Secretary Steven Mnuchin said overnight. This could include direct payments to Americans not unlike the HK$10,000 ($1,288) that Hong Kong proposed last month to all permanent residents.  

Overnight, the tech heavy led gains and closed up 6.23%, the  30 rose 5.20% increase and the gained 5.39%. 

<span

Read More Here...

Asian Stocks Mixed as Volatility Continues 

© Reuters.

By Alex Ho 

Investing.com – Asian markets were mixed on Wednesday morning, as Japanese stocks outperformed its regional peers following the release of data that showed the country’s exports fell less than expected last month

Provisional data released by the Japanese Ministry of Finance on Wednesday showed a 1% drop in year-on-year in February, less than the 4.3% predicted by analysts.  

The rose 1.83% by 11:30 PM ET (3:30 GMT) whilst neighbouring South Korea’s idown by 0.48%. 

Hong Kong’s rose 0.1%. China’s was up 0.85%  and the gained 1.10%. 

Australia’s reversed its gains yesterday by losing 4.93%. 

Stock markets continued to see saw but may find some support from fiscal stimulus being deployed by central banks.  

In the U.S., as much as $1 trillion could be pumped into the economy, Treasury Secretary Steven Mnuchin said overnight. This could include direct payments to Americans not unlike the HK$10,000 ($1,288) that Hong Kong proposed last month to all permanent residents.  

Overnight, the tech heavy led gains and closed up 6.23%, the  30 rose 5.20% increase and the gained 5.39%. 

<span xml:lang="EN-HK"

Read More Here...

Asian Stocks Mixed as Volatility Continues 

© Reuters.

By Alex Ho 

Investing.com – Asian markets were mixed on Wednesday morning, as Japanese stocks outperforming its regional peers following the release of data that showed the country’s exports fell less than expected last month

In Japan, provisional data released by the Ministry of Finance on Wednesday showed a 1% drop in year-on-year in February, less than the 4.3% predicted by analysts.  

The rose 1.83% by 11:30 PM ET (3:30 GMT) whilst neighbouring South Korea’s idown by 0.48%. 

Hong Kong’s rose 0.1%. China’s was up 0.85%  and the gained 1.10%. 

Australia’s reversed its gains yesterday by losing 4.93%. 

Stock markets continued to see saw but may find some support from fiscal stimulus being deployed by central banks.  

In the U.S., as much as $1 trillion could be pumped into the economy, Treasury Secretary Steven Mnuchin said overnight. This could include direct payments to Americans not unlike the HK$10,000 ($1,288) that Hong Kong proposed last month to all permanent residents.  

Overnight, the tech heavy led gains and closed up 6.23%, the  30 rose 5.20% increase and the gained 5.39%. 

<span

Read More Here...

News24.com | Wall Street jumps on expectations for huge US stimulus

Wall Street stocks rallied on Tuesday on expectations for massive federal stimulus to address the economic hit from the coronavirus, partially recovering some of their losses from the prior session.

The Dow Jones Industrial Average finished up 5.2 percent or around 1,050 points at 21,237.38, a day after shedding almost 3,000 points.

The broad-based S&P 500 gained 6.0 percent to 2,529.19 while the tech-rich Nasdaq Composite Index jumped 6.2 percent to 7,334.78.

US Treasury Secretary Steven Mnuchin said the White House is focused on a stimulus that would include sending checks to Americans within the next two weeks.

The White House is targeting an $850 billion (R14 trillion) package, the Washington Post reported.

The efforts aim to lift the economy at a time when more and more areas of the United States are shutting down economic activity to combat the spread of the virus.

Karl Haeling of LBBW said the stimulus announcements boosted sentiment somewhat, but that there was still a lot of uncertainty.

“We have no idea what is going to happen over the short term,” Haeling said. “In general, the lack of any real good idea about what earnings are going to be is just keeping people out of the market.”

Stocks also got a boost from the latest emergency effort by the Federal Reserve, which unveiled a new credit facility aimed at the commercial paper market, which finances things like auto loans and home mortgages.

Read More Here...

News24.com | Wall Street jumps on expectations for huge US stimulus

Wall Street stocks rallied on Tuesday on expectations for massive federal stimulus to address the economic hit from the coronavirus, partially recovering some of their losses from the prior session.

The Dow Jones Industrial Average finished up 5.2 percent or around 1,050 points at 21,237.38, a day after shedding almost 3,000 points.

The broad-based S&P 500 gained 6.0 percent to 2,529.19 while the tech-rich Nasdaq Composite Index jumped 6.2 percent to 7,334.78.

US Treasury Secretary Steven Mnuchin said the White House is focused on a stimulus that would include sending checks to Americans within the next two weeks.

The White House is targeting an $850 billion (R14 trillion) package, the Washington Post reported.

The efforts aim to lift the economy at a time when more and more areas of the United States are shutting down economic activity to combat the spread of the virus.

Karl Haeling of LBBW said the stimulus announcements boosted sentiment somewhat, but that there was still a lot of uncertainty.

“We have no idea what is going to happen over the short term,” Haeling said. “In general, the lack of any real good idea about what earnings are going to be is just keeping people out of the market.”

Stocks also got a boost from the latest emergency effort by the Federal Reserve, which unveiled a new credit facility aimed at the commercial paper market, which finances things like auto loans and home mortgages.

Read More Here...