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Tag: Australian Dollar/US Dollar FX Spot Rate

  • Japan’s Nikkei jumps 4% following oil drop; Nio rises in Hong Kong debut

    SINGAPORE — Stocks in Asia-Pacific jumped in Thursday industry, following an in a single day soar on Wall Side road after oil costs fell sharply from a contemporary surge.

    Global benchmark Brent crude and U.S. crude futures tumbled greater than 10% in a single day on Wednesday.

    Oil costs then again recovered from a few of the ones losses within the afternoon of Asia buying and selling hours on Thursday, with global benchmark Brent crude futures up 3.29% to $114.80 consistent with barrel. U.S. crude futures climbed 1.9% to $110.76 consistent with barrel.

    Asia markets spoke back on Thursday to the in a single day declines in oil costs. China, India, Japan and South Korea are all main importers of oil, in keeping with 2020 knowledge from the Global Power Company.

    The Nikkei 225 in Japan led positive aspects a few of the area’s main markets because it jumped 4.01% whilst the Topix index climbed 4.03%.

    The Hold Seng index in Hong Kong complex 1.26%. Stocks of Chinese language electrical automobile maker Nio began buying and selling in Hong Kong on Thursday, in what’s the company’s secondary list. The stocks have been final up 2.66% from their factor value.

    Mainland Chinese language shares additionally rose, with the Shanghai composite gaining 1.91% whilst the Shenzhen element surged 2.852%.

    South Korea’s Kospi additionally won 1.83%, with markets returning to industry from Wednesday’s presidential election which noticed conservative opposition candidate Yoon Suk-yeol rising victorious.

    In India, the Nifty 50 jumped 2.29% whilst the BSE Sensex complex about 2.4%.

    In Australia, the S&P/ASX 200 climbed 1.16%. Stocks of main miner Rio Tinto, then again, plunged greater than 7%. The company instructed CNBC on Thursday that it’s “within the means of terminating all industrial relationships it has with any Russian trade.”

    MSCI’s broadest index of Asia-Pacific stocks out of doors Japan traded 1.86% upper.

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    In a single day stateside, the S&P 500 won 2.57% to 4,277.88. The Dow Jones Commercial Moderate climbed 653.61 issues, or 2%, to 33,286.25. The tech-heavy Nasdaq Composite jumped 3.59% to 13,255.55.

    Currencies

    The U.S. greenback index, which tracks the dollar in opposition to a basket of its friends, used to be at 98.119 after a contemporary decline from round 99.

    The Jap yen traded at 116.09 consistent with greenback, weaker than ranges under 115.2 noticed in opposition to the dollar previous this week. The Australian greenback used to be at $0.7323, nonetheless off lows under $0.726 noticed previous within the week.

    — CNBC’s Will Koulouris contributed to this document.

  • Hong Kong leads losses in blended Asia buying and selling; U.S. declares ban on Russian oil imports amid Ukraine struggle

    SINGAPORE — Stocks in Asia-Pacific had been jumbled in Wednesday industry as buyers proceed to evaluate the possible financial ramifications of the continuing struggle in Ukraine.

    Hong Kong’s Grasp Seng index shed previous features to steer losses domestically, falling 2.19% by way of the afternoon as stocks of Chinese language tech heavyweight Tencent dropped just about 3%.

    The Shanghai composite in mainland China fell 1.07% and the Shenzhen element declined 1.784%.

    Authentic knowledge launched Wednesday confirmed China’s manufacturer inflation emerging in February, with the manufacturer value index expanding 8.8% year-on-year for that month. The February knowledge in comparison in opposition to January’s 9.1% on-year upward push, and used to be with regards to expectancies of analysts in a Reuters ballot for a 8.7% acquire.

    In the meantime, China’s shopper value index for February rose 0.9% as in comparison with a 12 months in the past, unchanged from the expansion in January and inline with expectancies from a Reuters ballot.

    In different places in Japan, the Nikkei 225 received 0.39% whilst the Topix index complex 0.48%.

    The S&P/ASX 200 in Australia jumped 0.94%. Over in Southeast Asia, Singapore’s Straits Instances index received 0.85%.

    MSCI’s broadest index of Asia-Pacific stocks out of doors Japan slipped 0.2%.

    Markets in South Korea are closed on Wednesday because of the rustic’s presidential election.

    Oil costs jumped to their consultation highs on Tuesday after President Joe Biden mentioned the U.S. will ban imports of Russian oil, an extra escalation within the world reaction to Moscow’s invasion of Ukraine. The UK additionally introduced its personal plans to section out its reliance on Russian oil imports by way of the top of the 12 months.

    Buyers within the area persisted tracking oil costs on Wednesday, which rose within the afternoon of Asia buying and selling hours.

    Global benchmark Brent crude futures climbed 2.71% to $131.45 consistent with barrel. U.S. crude futures received 2.22% to $126.45 consistent with barrel.

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    In a single day stateside, the Dow Jones Business Reasonable shed 184.74 issues, or 0.56%, to 32,632.64. The S&P 500 declined 0.72% to 4,170.70 whilst the Nasdaq Composite dipped 0.28% to twelve,795.55.

    Currencies

    The U.S. buck index, which tracks the dollar in opposition to a basket of its friends, used to be at 99.075 — having traded in a variety between 98.7 and 99.4 up to now this week.

    The Jap yen traded at 115.84 consistent with buck, weaker than ranges under 115.2 noticed in opposition to the dollar previous this week. The Australian buck modified fingers at $0.7274, having declined from above $0.738 previous this week.

  • Hong Kong and Japan drop 3% as Asia-Pacific shares slip; oil costs surge on Russia-Ukraine battle

    SINGAPORE — Stocks in Asia-Pacific declined in Monday industry as oil costs surged, with the continued Russia-Ukraine conflict proceeding to weigh on investor sentiment globally.

    The Dangle Seng index in Hong Kong led losses locally, shedding greater than 4% at one level earlier than seeing a slight restoration. The town’s benchmark index remaining traded 3.34% decrease as stocks of HSBC plummeted 6.02%.

    Mainland China’s Shanghai composite shed 1.42% and the Shenzhen part slipped 2.578%.

    In Japan, the Nikkei 225 additionally noticed heavy losses because it tumbled 3.15%, with stocks of robotic maker Fanuc plunging 7.28%, whilst the Topix index shed 2.88%.

    South Korea’s Kospi fell 2.28%. Over in Australia, the S&P/ASX 200 dipped 0.93%.

    MSCI’s broadest index of Asia-Pacific stocks out of doors Japan traded 2.07% decrease.

    Oil costs proceed surging

    Oil costs soared within the morning of Asia buying and selling hours on Monday, with world benchmark Brent crude futures up 8.63% to $128.30 in step with barrel. U.S. crude futures additionally surged 7.33% to $124.16 in step with barrel.

    Brent had previous skyrocketed to as top as $139.13 in step with barrel — its absolute best since July 2008.

    The pointy upward thrust in oil costs, which already not too long ago spiked, got here after U.S. Secretary of State Antony Blinken stated Sunday Washington and its allies are bearing in mind banning Russian oil and herbal gasoline imports.

    “We now see the chance of Russian exports being without delay impacted via sanctions as very top,” stated Daniel Hynes, senior commodity technique at ANZ. “The transfer additionally suggests the marketplace used to be now not factoring in the opportunity of direct sanctions on Russia oil.”

    In the meantime, Commonwealth Financial institution of Australia’s Vivek Dhar stated it is believable for Brent to upward thrust as top as $150 in step with barrel within the present surroundings.

    “Prior to the disaster, oil markets have been specifically liable to an oil provide surprise with international oil stockpiles at 7-year lows and OPEC+ spare capability beneath query given disappointing OPEC+ oil provide expansion over the previous couple of months,” stated Dhar, who’s mining and effort commodities analyst at CBA.

    Stocks of oil companies in Asia-Pacific additionally noticed large beneficial properties on Monday, with Seaside Power in Australia emerging 4.95% whilst Woodside Petroleum soared 9.17% whilst the S&P/ASX 200’s power subindex climbed 5.06%.

    Over in Japan, Inpex rose 5.01% and Japan Petroleum Exploration complicated 5.5%. Hong Kong-listed stocks of PetroChina received 2.57%.

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    China’s exports rose 16.3% year-on-year in dollar-denominated phrases within the January-February duration, professional knowledge launched Monday confirmed. That used to be above expectancies via analysts in a Reuters ballot for a fifteen% upward thrust.

    China had introduced Saturday a gross home product expansion goal of about 5.5% for 2022.

    Currencies

    The U.S. greenback index, which tracks the dollar towards a basket of its friends, used to be at 99.077 — having risen not too long ago from ranges underneath 97.6.

    The Jap yen traded at 114.91 in step with greenback, after strengthening sharply overdue remaining week from ranges above 115.20 towards the dollar. The Australian greenback used to be at $0.7407, following a basic upward trek remaining week from underneath $0.72.

    — CNBC’s Will Koulouris contributed to this file.

  • Asia-Pacific shares slip as traders proceed looking at Russia-Ukraine state of affairs

    SINGAPORE — Stocks in Asia-Pacific slipped in Friday morning industry as traders stay on edge over Russia’s invasion of Ukraine.

    The Nikkei 225 in Japan slipped 0.79% whilst the Topix index shed 0.6%. South Korea’s Kospi dipped 0.48%.

    Over in Australia, the S&P/ASX 200 shed 0.41% in morning industry.

    MSCI’s broadest index of Asia-Pacific stocks out of doors Japan traded 0.14% decrease.

    “Chance sentiment stays fragile and may be very a lot being swung round by way of Russia/Ukraine headlines as neatly by way of central banks who appear dedicated to mountaineering charges, and who’re additionally noting upside dangers to inflation,” Tapas Strickland, an economist at Nationwide Australia Financial institution, wrote in a observe.

    Oil costs noticed a pullback on Thursday after days of emerging swiftly, with U.S. crude futures at one level surging to a degree remaining observed in Sept. 2008. Global benchmark Brent crude futures lately sit down at $110.4 consistent with barrel after not too long ago emerging to as prime as $119.84, the easiest stage since Would possibly 2012.

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    In a single day stateside, The Dow Jones Business Moderate shed 96.69 issues to 33,794.66 whilst the S&P 500 dipped about 0.53% to 4,363.49. The Nasdaq Composite dropped 1.56% to 13,537.94.

    Currencies

    The U.S. greenback index, which tracks the buck in opposition to a basket of its friends, used to be at 97.785 after not too long ago emerging from beneath 97.5.

    The Eastern yen traded at 115.44 consistent with greenback, weaker than ranges beneath 115 observed in opposition to the buck previous within the week. The Australian greenback modified arms at $0.7335 following its normal upward push from ranges beneath $0.721 previous this week.

  • Asia-Pacific shares upward push as oil costs proceed leaping, with Brent topping $115 in line with barrel

    SINGAPORE — Stocks in Asia-Pacific rose in Thursday morning industry as U.S. shares bounced again in a single day. Oil costs, then again, proceed to transport upper following a worth surge in fresh days.

    The Nikkei 225 in Japan won 0.82% in morning industry whilst the Topix index climbed 1.12%. South Korea’s Kospi additionally won 1.15%.

    In Australia, the S&P/ASX 200 complicated 0.87%.

    MSCI’s broadest index of Asia-Pacific stocks outdoor Japan traded 0.56% upper.

    Taking a look forward, a non-public survey of Chinese language products and services task in February is about to be out on Thursday, with the Caixin/Markit products and services Buying Managers’ Index anticipated at 9:45 a.m. HK/SIN.

    Oil costs proceed climbingStock choices and making an investment tendencies from CNBC Professional:

    In a single day on Wall Side road, the Dow Jones Business Moderate surged 596.40 issues to 33,891.35. The S&P 500 won 1.86% to 4,386.54 whilst the Nasdaq Composite complicated 1.62% to 13,752.02.

    Currencies

    The U.S. greenback index, which tracks the buck in opposition to a basket of its friends, used to be at 97.477 — nonetheless upper as when put next with ranges under 96.6 observed ultimate week.

    The Jap yen traded at 115.60 in line with greenback, having weakened the day before today from under 115.2 in opposition to the buck. The Australian greenback modified palms at $0.7286, in large part preserving directly to good points from its climb under $0.72 previous within the week.

  • Asia-Pacific shares slip following Wall Boulevard drop as Ukraine disaster continues

    SINGAPORE — Stocks in Asia-Pacific slipped in Wednesday morning industry at the again of in a single day declines stateside because the Russia-Ukraine struggle resulted in a surge in oil costs.

    The Nikkei 225 in Japan dropped 1.27% in early industry whilst the Topix index shed 1.28%. South Korea’s Kospi dipped 0.19%.

    In different places, Australia’s S&P/ASX 200 shed 0.17%, forward of fourth-quarter GDP information set to be launched at 8:30 a.m. HK/SIN on Wednesday.

    MSCI’s broadest index of Asia-Pacific stocks out of doors Japan traded 0.13% decrease.

    Oil costs have surged in contemporary days as Russia persevered its attack on Ukraine, with U.S. crude futures hitting its very best stage in seven years on Tuesday.

    In a single day stateside, the Dow Jones Business Moderate dropped 597.65 issues to 33,294.95 whilst the S&P 500 shed 1.55% to 4,306.26. The Nasdaq Composite declined 1.59% to 13,532.46.

    Inventory selections and making an investment tendencies from CNBC Professional:Currencies

    The U.S. buck index, which tracks the dollar towards a basket of its friends, was once at 97.409 after a up to date climb from ranges underneath 97.

    The Jap yen traded at 114.82 according to buck, nonetheless more potent than ranges round 115.6 observed towards the dollar previous this week. The Australian buck was once at $0.7259, in large part retaining directly to good points after mountain climbing from underneath $0.72 previous within the week.

  • Oil costs jump 6%; Asia markets set to open blended as buyers assess Russia-Ukraine disaster

    SINGAPORE — U.S. crude was once up greater than 6%, and stocks in Asia-Pacific had been set to open blended on Monday as buyers observe the Russia-Ukraine disaster and comparable sanctions.

    U.S. West Texas Intermediate crude futures had been 6.2% upper at $97.27 in line with barrel in Asia industry.

    World benchmark Brent crude crossed the $100 degree remaining week, even touching $105 prior to paring positive factors. It remaining traded at $102.90 in line with barrel.

    Spot gold, historically a protected haven in instances of uncertainty, remaining traded at $1,913.59, emerging 1.38%.

    Japan’s Nikkei 225 futures had been blended, pointing to a better open of 26,970 in Osaka and a decrease open of 26,470 in Chicago. The index closed at 26,476.50 on Friday.

    The S&P/ASX 200 in Australia was once up 0.33% in early industry.

    In other places, Taiwan markets are closed for a vacation on Monday.

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    World markets had been unstable remaining week following Russia’s invasion of Ukraine. U.S. shares climbed prior to last on Friday, however futures had been falling in in a single day industry on Sunday.

    Russia persevered its advance into Ukraine over the weekend, with studies of combating at the streets and forces encircling Kyiv.

    President Vladimir Putin on Sunday put his nation’s deterrence forces, which reportedly come with nuclear features, on top alert in keeping with global backlash to Russia’s invasion.

    The U.S. and its allies introduced new sanctions and measures to hit Russia, corresponding to putting off decided on Russian banks from the interbank messaging gadget, SWIFT.

    Many nations have additionally mentioned they are going to shut their airspace to Russian plane.

    At the diplomatic entrance, representatives from the Ukraine and Russian governments have agreed to fulfill on the Ukraine-Belarus border with “no preconditions,” in step with Ukraine’s Protection Ministry. Belarus, which stocks a border with each Ukraine and Russia, has shut ties with Moscow.

    Currencies

    The U.S. greenback index, which tracks the dollar towards a basket of its friends, was once remaining at 97.221, up from 96.615.

    The Jap yen traded at 115.64, weakening fairly from 115.56, whilst the Australian greenback modified arms at $0.7181, down from $0.7232.

  • Oil up 2%, Asia markets most commonly upward thrust after U.S. buyers seem to shrug off Russia-Ukraine considerations

    SINGAPORE — Oil costs leaped 2% and Asia-Pacific stocks most commonly rose on Friday as buyers assessed the Russia-Ukraine warfare following an enormous comeback on Wall Side road in a single day.

    U.S. West Texas Intermediate crude futures have been up 2.51% at $95.14 according to barrel in Asia industry on Friday. The global benchmark Brent crude rose 2.86% to $101.91. Oil pared good points on Thursday after emerging greater than 8% at the information of Russia’s assault.

    Spot gold, historically a protected haven in instances of uncertainty, ultimate traded at $1,917.93, up 0.78%.

    Japan’s Nikkei 225 was once up 1.95% at 26,476.50 on the shut, whilst the Topix won 1% to one,876.24. Somewhere else, in South Korea, the Kospi rose 1.06% to two,676.76 and the Kosdaq added 2.92% to 872.98.

    The Shanghai composite in mainland China added 0.63% to near at 3,451.41, and the Shenzhen part jumped 1.21% to 13,412.92. Hong Kong’s Dangle Seng index declined 0.56% in Friday afternoon industry..

    The S&P/ASX 200 in Australia was once most commonly flat, up 0.1%.

    Block stocks buying and selling in Australia surged 32.49% after it reported higher than anticipated fourth-quarter benefit on Thursday stateside. The corporate’s primary list at the New York Inventory Trade additionally noticed inventory costs bounce 18% after hours.

    The bills company, previously known as Sq., is based and led through Twitter’s Jack Dorsey. Previous on Friday’s consultation in Asia, Block’s percentage value spiked greater than 40%.

    MSCI’s broadest index of Asia-Pacific stocks outdoor Japan traded 0.83% upper.

    Sanctions on Russia

    U.S. President Joe Biden on Thursday stated Washington will search to isolate Russia from the worldwide economic system through introducing new sanctions following Moscow’s invasion of Ukraine. The White Area has additionally approved further troops to be stationed in Germany, the president stated.

    The Eu Union additionally agreed to extra sanctions on Russia, calling at the nation to prevent all army motion and withdraw its forces.

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    Buyers within the U.S. seemed to shake off Russia’s assault on Ukraine, with shares mounting a surprising reversal to near upper after falling sharply previous within the consultation.

    The S&P 500 won 1.5% after falling greater than 2.6%, whilst the Dow Jones Business Moderate erased a 859-point drop to advance 92.07 issues. The tech-focused Nasdaq Composite rose 3.3% after declining just about 3.5% right through buying and selling hours.

    Currencies

  • Asia markets fall as Ukraine disaster intensifies; Financial institution of Korea holds rates of interest secure

    SINGAPORE — Asia-Pacific stocks fell on Thursday as traders proceed to observe the escalating scenario between Russia and Ukraine.

    The Shanghai composite in mainland China fell 0.32% and the Shenzhen part dropped 0.4%. Hong Kong’s Dangle Seng index used to be down 1.3%.

    In Japan, the Nikkei 225 declined via 0.73%, whilst the Topix slid via 0.5%.

    South Korea’s Kospi used to be down 1.6%. The Financial institution of Korea stored rates of interest unchanged at 1.25% at its assembly on Thursday. Alternatively, it predicted that shopper worth inflation will run “considerably above 3% for a substantial time.”

    Australia’s S&P/ASX 200 fell 2.78%. MSCI’s broadest index of Asia-Pacific stocks outdoor Japan traded 1.62% decrease.

    At the profits entrance, Alibaba will likely be reporting its third-quarter profits past due in Asia.

    Russia-Ukraine crisisStock choices and making an investment traits from CNBC Professional:

    The disaster entered a brand new section this week when Russian President Vladimir Putin stated Moscow would officially acknowledge the independence of 2 pro-Moscow breakaway areas in japanese Ukraine.

    On Wednesday, Russian state-controlled media reported that Moscow had began evacuating other people from its embassy in Kyiv, Ukraine’s capital.

    In a single day on Wall Side road, the 3 main indexes persisted to fall. The S&P 500 fell 1.8% and slid deeper into correction, whilst the Dow Jones Commercial Moderate dropped 1.38% to 33,131.76. The technology-focused Nasdaq Composite misplaced 2.6% to 13,037.49.

    Currencies

  • Asia-Pacific markets upward push as traders watch deepening Ukraine disaster; New Zealand greenback jumps

    SINGAPORE — Stocks in Asia-Pacific rose in Wednesday morning business as traders proceed tracking the intensifying disaster surrounding Ukraine.

    Mainland Chinese language shares have been upper because the Shanghai composite won 0.23% whilst the Shenzhen element complicated 0.692%. Hong Kong’s Grasp Seng index hovered fairly upper.

    South Korea’s Kospi climbed 0.3% in morning business. In different places, the S&P/ASX 200 in Australia recovered from previous losses, remaining up 0.21%.

    MSCI’s broadest index of Asia-Pacific stocks outdoor Japan traded little modified.

    U.S. President Joe Biden mentioned Tuesday Russia has begun “an invasion” of Ukraine and introduced sanctions in opposition to Russian banks and the rustic’s sovereign debt, amongst others. Biden’s announcement got here following the Russian parliament’s approval of President Vladimir Putin’s Tuesday request to make use of army drive outdoor the rustic’s borders.

    “As gripping as the placement in Ukraine is, it does not have a monopoly of the troubles of the markets,” Vishnu Varathan of Mizuho Financial institution wrote in a Wednesday notice.

    “A bunch of different elements, led by means of financial coverage could also be in direct struggle with Ukraine-related haven call for,” he mentioned. “Maximum outstanding is the struggle between an aggressively hawkish Fed that tilts yields upper and haven call for from Ukraine dampens, if no longer drags, yields.”

    The yield at the benchmark U.S. 10-year Treasury notice remaining sat at 1.9407%. The ten-year Treasury has crossed 2% in fresh weeks as traders reposition themselves forward of anticipated price hikes by means of the U.S. Federal Reserve.

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    Markets in Japan are closed on Wednesday for a vacation.

    In a single day on Wall Boulevard, the S&P 500 declined 1.01% to 4,304.76 — greater than 10% underneath its Jan. 3 report shut, leaving the index in correction territory. The Dow Jones Business Reasonable slipped 482.57 issues, or 1.42%, to 33,596.61 whilst the Nasdaq Composite dropped 1.23% to 13,381.52.

    New Zealand greenback jumps

    The New Zealand greenback jumped about 0.6% on Wednesday to $0.6773 after the rustic’s central financial institution raised the legit money price to one% and mentioned “extra financial tightening used to be wanted” than prior to now signaled.

    The U.S. greenback index, which tracks the buck in opposition to a basket of its friends, used to be at 96.02 after just lately falling from above 96.2.

    The Jap yen traded at 115.04 consistent with greenback, weaker than ranges underneath 114.8 observed in opposition to the buck the day past. The Australian greenback used to be at $0.7232 after hiking from underneath $0.72 the day past.

    Oil costs have been mildly upper within the morning of Asia buying and selling hours, following a Tuesday surge as tensions upward push between Moscow and Kyiv.

    On Wednesday morning in Asia, global benchmark Brent crude futures sat fairly upper at $96.89 consistent with barrel. U.S. crude futures won about 0.1% to $91.98 consistent with barrel.