Mainland China share market finished session notably higher on Friday, 10 June 2022, after Chinese inflation data for May came in largely in line with expectations. However, market gains capped amid uncertainty around COVID-19 cases in Shanghai and worries over monetary policy divergence with other major economies. Shanghai will conduct another round of mass COVID-19 testings for residents this weekend, just 10 days after a […]
Australian share market finished session significantly lower on Thursday, 09 June 2022, giving up all the gains in the previous session, following falls on Wall Street overnight. Meanwhile renewed COVID-19 measures in Beijing also fuelled selloff. At closing bell, the benchmark S&P/ASX200 decreased by 88.07 points, or 1.26%, to 6,931.98. The broader All Ordinaries index declined by 95.24 points, or 1.32%, to 7,145.17. All 11 […]
Gold is extending bearish trend for the second day ahead of crucial US inflation data later in the global day that could signal whether the Fed will continue with its aggressive policy tightening. Gold futures for August was lower by nearly 0.6% at $1,841.75 an ounce. The benchmark U.S. 10-year Treasury yields held steady at the key 3% threshold, eroding golds appeal. The dollar index, […]
Mainland China share market finished session notably higher on Friday, 10 June 2022, after Chinese inflation data for May came in largely in line with expectations. However, market gains capped amid uncertainty around COVID-19 cases in Shanghai and worries over monetary policy divergence with other major economies. Shanghai will conduct another round of mass COVID-19 testings for residents this weekend, just 10 days after a […]
Australian share market finished session significantly lower on Thursday, 09 June 2022, giving up all the gains in the previous session, following falls on Wall Street overnight. Meanwhile renewed COVID-19 measures in Beijing also fuelled selloff. At closing bell, the benchmark S&P/ASX200 decreased by 88.07 points, or 1.26%, to 6,931.98. The broader All Ordinaries index declined by 95.24 points, or 1.32%, to 7,145.17. All 11 […]
Australian share market finished session significantly lower on Thursday, 09 June 2022, giving up all the gains in the previous session, following falls on Wall Street overnight. Meanwhile renewed COVID-19 measures in Beijing also fuelled selloff. At closing bell, the benchmark S&P/ASX200 decreased by 88.07 points, or 1.26%, to 6,931.98. The broader All Ordinaries index declined by 95.24 points, or 1.32%, to 7,145.17. All 11 […]
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