The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» අද වෙන්දේසියේ දී බිල්පත් පොළිය පහළට.
Asian markets rally as investors see positive in US gridlock EmptyToday at 1:04 pm by nihal123

» අනිසි ලෙස කොටස් මිල හැසිර වූ ආයෝජකයින් දෙදෙනෙකුට සුරැකුම්පත් කොමිසමෙන් නඩු
Asian markets rally as investors see positive in US gridlock EmptyToday at 1:01 pm by nihal123

» SAMP.N0000 (SAMPATH BANK PLC)
Asian markets rally as investors see positive in US gridlock EmptyToday at 10:33 am by puliyanam

» Dividend Announcement
Asian markets rally as investors see positive in US gridlock EmptyYesterday at 7:49 pm by nihal123

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Asian markets rally as investors see positive in US gridlock EmptyYesterday at 2:22 pm by nuwanmja

» Life After Google
Asian markets rally as investors see positive in US gridlock EmptyTue Jun 25, 2019 5:28 pm by කිත්සිරි ද සිල්වා

» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
Asian markets rally as investors see positive in US gridlock EmptyTue Jun 25, 2019 6:37 am by nihal123

» Future of Tea Industry
Asian markets rally as investors see positive in US gridlock EmptyMon Jun 24, 2019 6:54 pm by hammurabi

» Cricket !
Asian markets rally as investors see positive in US gridlock EmptyMon Jun 24, 2019 2:22 pm by කිත්සිරි ද සිල්වා

» DIPD.N0000 (Dipped Products)
Asian markets rally as investors see positive in US gridlock EmptyMon Jun 24, 2019 11:40 am by Ethical Trader

» Access Engineering AEL Technical Analysis
Asian markets rally as investors see positive in US gridlock EmptyMon Jun 24, 2019 4:34 am by NIRMALSG

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Asian markets rally as investors see positive in US gridlock EmptySun Jun 23, 2019 9:14 pm by hammurabi

» Thread for News on CSE and SL Economy
Asian markets rally as investors see positive in US gridlock EmptySun Jun 23, 2019 8:52 pm by NIRMALSG

»  Rajgama heroes !
Asian markets rally as investors see positive in US gridlock EmptySat Jun 22, 2019 9:44 pm by spw19721

» මිල සූත්‍රය වැරදුණාද, වැරැද්දුවාද?
Asian markets rally as investors see positive in US gridlock EmptyFri Jun 21, 2019 5:25 pm by Ethical Trader

» First capital holdings
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 20, 2019 5:57 pm by serene

» Happy Father's Day !
Asian markets rally as investors see positive in US gridlock EmptyMon Jun 17, 2019 8:58 pm by spw19721

» DPL.N0000 (Dankotuwa Porcelain PLC)
Asian markets rally as investors see positive in US gridlock EmptySun Jun 16, 2019 7:12 am by NIRMALSG

» Re: Financial reports Q1-2019
Asian markets rally as investors see positive in US gridlock EmptyFri Jun 14, 2019 8:57 pm by dhanurrox

» SEYB.N0000 ( SEYLAN BANK PLC )
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 8:11 pm by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 8:08 pm by ruwan326

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 8:06 pm by ruwan326

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 7:58 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 7:57 pm by ruwan326

» HDFC.N0000 (HOUSING DEVELOPMENT FINANCE CORPORATION BANK OF SRI LANKA)
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 7:48 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 7:45 pm by ruwan326

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 7:43 pm by ruwan326

» අනං මනං! #/+?.<>
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 13, 2019 8:07 am by ruwan326

» Should CSE be like this? Whose FAULT is it?
Asian markets rally as investors see positive in US gridlock EmptyWed Jun 12, 2019 5:21 pm by Yin-Yang

» CCS.N0000 ( Ceylon Cold Stores)
Asian markets rally as investors see positive in US gridlock EmptyTue Jun 11, 2019 9:15 pm by ruwan326

» MCPL.N0000
Asian markets rally as investors see positive in US gridlock EmptySun Jun 09, 2019 12:15 pm by ruwan326

» Tourism sector
Asian markets rally as investors see positive in US gridlock EmptySun Jun 09, 2019 6:53 am by NIRMALSG

» LOFC Initiating Coverage - STRONG BUY - 29 03 17 - FC Research
Asian markets rally as investors see positive in US gridlock EmptyFri Jun 07, 2019 5:42 am by stockback

» Easter Sunday Attack and Sri Lanka
Asian markets rally as investors see positive in US gridlock EmptyThu Jun 06, 2019 9:13 am by ruwan326

» In the Meantime, Within Our Shores !
Asian markets rally as investors see positive in US gridlock EmptyMon Jun 03, 2019 2:14 pm by කිත්සිරි ද සිල්වා

» What to Analyse
Asian markets rally as investors see positive in US gridlock EmptySun Jun 02, 2019 7:11 am by Leon

» Tolerance at its Best !
Asian markets rally as investors see positive in US gridlock EmptyThu May 30, 2019 10:50 am by Yin-Yang

» විශ‍්‍රාම ගැන්වීමේ වයස් සීමාව ඉහළ දැමීමට මහ බැංකුවෙන් යෝජනාවක්
Asian markets rally as investors see positive in US gridlock EmptyTue May 28, 2019 8:03 am by කිත්සිරි ද සිල්වා

» සදහම් අටුවාව
Asian markets rally as investors see positive in US gridlock EmptyTue May 28, 2019 7:07 am by ruwan326

» බැරි වෙලා වත් අනික් පැත්ත උනොත්...?
Asian markets rally as investors see positive in US gridlock EmptyFri May 24, 2019 3:42 pm by smallville

» Sri Lanka at Cross Roads: Time to Learn, Unlearn and Relearn - Prof Rohan Gunaratna
Asian markets rally as investors see positive in US gridlock EmptyFri May 24, 2019 3:10 pm by puliyanam

» Songs to listen
Asian markets rally as investors see positive in US gridlock EmptyFri May 24, 2019 11:26 am by yellow knife

» Dhammika Perera non-committal on common candidate speculation
Asian markets rally as investors see positive in US gridlock EmptyThu May 23, 2019 2:54 pm by කිත්සිරි ද සිල්වා

» Films - To Watch List
Asian markets rally as investors see positive in US gridlock EmptyWed May 22, 2019 10:04 am by කිත්සිරි ද සිල්වා

» Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
Asian markets rally as investors see positive in US gridlock EmptyTue May 21, 2019 2:06 pm by Ethical Trader

» Presidential poll between 15 Nov-7 Dec
Asian markets rally as investors see positive in US gridlock EmptyTue May 21, 2019 11:31 am by bjmd

» Flying is the Safest mode of Transport
Asian markets rally as investors see positive in US gridlock EmptyTue May 21, 2019 7:07 am by කිත්සිරි ද සිල්වා

» My Port Folio Bleeding But Its just the Begining Of..
Asian markets rally as investors see positive in US gridlock EmptySat May 18, 2019 7:40 pm by serene

» Sri Lanka mulls 25-pct ownership limit in finance companies
Asian markets rally as investors see positive in US gridlock EmptyFri May 17, 2019 3:40 pm by Backstage

» Searing Heat in China Is Causing Havoc for Rubber Makers
Asian markets rally as investors see positive in US gridlock EmptyFri May 17, 2019 2:43 pm by Backstage

June 2019
SunMonTueWedThuFriSat
      1
2345678
9101112131415
16171819202122
23242526272829
30      

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

Asian markets rally as investors see positive in US gridlock

Go down

Asian markets rally as investors see positive in US gridlock Empty Asian markets rally as investors see positive in US gridlock

Post by The Invisible on Thu Nov 08, 2018 11:12 am

AFP - Asian markets climbed Thursday, building on a global rally as investors bet that gridlock in Washington will clip Donald Trump's wings, preventing him from driving through measures that would likely push up US interest rates.

Attention now turns to the end of the Federal Reserve's policy meeting later in the day, with its plans for hiking borrowing costs closely watched.

Bets the central bank would lift rates again next month and continue to do so through 2019 have been a major cause of worry on trading this year but with the chances of more Trump tax cuts greatly reduced, expectations have been tempered.

However, analysts do not expect the Fed to alter its most recent outlook for the economy, with Ian Shepherdson of Pantheon Macroeconomics, saying: "The economic picture hasn't changed meaningfully since the September meeting, despite the gyrations in the stock market."

But with Democrats now controlling the House and ready to hold the president to account, observers expect them to push back against a number of his measures, though work with him on others such as infrastructure spending leading into the 2020 vote.

"With trade tensions to the fore over recent months and risk currencies in the spotlight, the US midterms were being seen through the prism of whether the outcome might embolden the president to go harder on trade or in effect if the elections would clip his wings," said National Australia Bank economist David de Garis.

"With the Democrats gaining control over the House, the latter scenario now might be a little more likely."

However, Stephen Innes, head of Asia-Pacific trading at OANDA added the result "has left analysts debating what this will mean for policy going forward".

All three main Wall Street indexes ended more than two percent higher. And the positive mood was reflected in Asia, where Tokyo went into the break almost two percent up.

Hong Kong added 0.8 percent, Shanghai gained 0.4 percent and Seoul jumped 1.4 percent, while Sydney rose 0.5 percent.

Wellington and Taipei put on 0.4 percent each and Jakarta edged up 0.2 percent.

- Dollar edges back -

Eyes will be on developments in Washington after Trump fired Attorney General Jeff Sessions, who had come under fire from the president over his decision to step aside from a probe into Russian interference in the 2016 election.

He was replaced by a loyalist, casting into doubt the ability of Special Counsel Robert Mueller -- who had until now been insulated from White House interference -- to complete the investigation.

The dollar clawed back slightly after Wednesday's sell-off, which came on the back of lower expectations of more tax cuts.

The greenback edged up against its major peers, with the pound continuing to gain support from hopes London and Brussels can hammer out a post-Brexit agreement as a deadline looms.

Oil prices remained subdued after data showing a surge in US stockpiles but they have been given support from reports OPEC will reduce output again next year.

The cartel had started opening the taps again this year after a long-running cap agreement with Russia, which had boosted prices, ended.

But with production now rising globally again -- and the Iran sanctions seemingly having little impact owing to US waivers -- Bloomberg News said ministers meeting in Abu Dhabi this weekend were considering the reduction.

"Saudi Arabia and Russia have increased production, and prices have come down $15 a barrel," Hossein Kazempour Ardebili, Iran’s representative to OPEC, said. "They have over-balanced the market" and have no choice but to cut about 1 million barrels a day.

- Key figures around 0230 GMT -

Tokyo - Nikkei 225: UP 1.9 percent at 22,509.10 (break)

Hong Kong - Hang Seng: UP 0.8 percent at 26,357.56

Shanghai - Composite: UP 0.4 percent at 2,652.33

Euro/dollar: DOWN at $1.1432 from $1.1434 at 2200 GMT

Pound/dollar: DOWN at $1.3125 from $1.3130

Dollar/yen: UP at 113.66 yen from 113.53 yen

Oil - West Texas Intermediate: UP 10 cents at $61.77

Oil - Brent Crude: UP six cents at $72.98 per barrel

New York - Dow: UP 2.1 percent at 26,180.30 (close)

London - FTSE 100: UP 1.1 percent at 7,117.28 (close)
The Invisible
The Invisible

Posts : 883
Join date : 2016-11-28
Age : 39

Back to top Go down

Asian markets rally as investors see positive in US gridlock Empty Re: Asian markets rally as investors see positive in US gridlock

Post by PANTOMATH on Thu Nov 08, 2018 11:33 pm

CSE is not in the Asia
PANTOMATH
PANTOMATH

Posts : 209
Join date : 2018-10-15

Back to top Go down

Asian markets rally as investors see positive in US gridlock Empty Re: Asian markets rally as investors see positive in US gridlock

Post by serene on Fri Nov 09, 2018 8:02 am

PANTOMATH wrote:CSE is not in the Asia
It is the wonder of the asia. Very Happy

serene
Top contributor
Top contributor

Posts : 4409
Join date : 2014-02-26

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum