The Aussie dollar has further room to fall and adjust to support weak demand for Australia's commodity exports, says Malcolm Wood, chief investment strategist at BAML.» Read More
Asian stocks jumped on Wednesday and the dollar sank as a surge in U.S. manufacturing and strong company earnings convinced investors to pile back into riskier assets despite turmoil in Egypt.
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Asian stocks posted modest gains on Tuesday, led by shares in resource companies, as strong U.S. factory data and surging commodities prices offset fears that unrest in Egypt could spread elsewhere in the Middle East.
Asian stocks slid on Monday following Friday's sharp drop on Wall Street as anti-government rioting in Egypt prompted investors to flee to less risky assets to ride out the turmoil.
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Asian stocks were lower on Friday, as caution pervaded following warnings by the IMF and ratings agencies on United States and Japan.
Asian stocks rose Thursday after U.S. Federal Reserve policymakers voted unanimously to maintain a $600 billion bond-buying plan to fuel an economic recovery.
Asian stocks traded mixed on Wednesday after a flat finish on Wall Street.
Asian stocks climbed on Tuesday after a strong session on Wall Street which saw the Dow Jones Industrials finishing 20 points shy of 12,000.
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Asian stocks were higher on Monday on mild bargain buying after a sell-off last week.
Asian stocks finished mostly lower on Friday on concerns over further tightening measures by China after the latest growth figures released on Thursday showed the economy continuing to power ahead.
Asian stocks finished lower with substantial declines for Chinese shares on worries stronger than expected growth could lead to tighter monetary policy.
Asian stocks opened mostly higher Wednesday, after gains on Wall Street, buoyed by robust earnings for Apple whose stock climbed in extended trade and after target price hikes for Google lifted Wall Street.
Asian markets were mixed on Tuesday, but technology plays outperformed despite news the Apple Chief Executive Steve Jobs would take medical leave for the third time since 2004.
Asian stock markets were mostly lower on Monday after the latest tightening move from China's central bank.
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Asian stocks closed mixed on Friday, weighed down by a drop in resources-related shares as commodity prices declined.
Asian stocks rose on Thursday after a successful bond auction in Portugal eased fears about the euro zone's debt crisis and boosted European and U.S. stocks.
Asian stocks rose on Wednesday as global markets halted recent losing streaks and posted modest gains on the back of solid earnings reports and positive broker comments, while investors await the outcome of debt issuance in the euro zone.