TOKYO, May 25- Asian shares got off to a lackluster start on Monday, after rising inflation and a hawkish tone from the U.S. Activity was likely to be thin this session, as UK and U.S. markets are shut on Monday for the Spring Bank Holiday and Memorial Day respectively. MSCI's broadest index of Asia-Pacific shares outside Japan was down about 0.1 percent in early trade.» Read More
The rising trend in Tokyo and Chinese stocks has broken and selling pressure is ahead for the two Asian indexes, Royce Tostrams, technical analyst at Tostrams Groep said Friday. And weakness in Asian markets could affect global stock markets, he warned.
Asian stocks ended slightly higher on Tuesday but investors stayed cautious after economic data from China showed a weaker-than-expected increase in July industrial output. This also followed a lower end in the U.S. as investors took a breather after a four-week rally.
Asian markets marched higher on Monday after the latest U.S. employment numbers showed signs of a stabilizing job market, raising hopes that the United States can lead the world out of a recession.
Asian stocks dipped Friday as investors grew cautious before a key U.S. jobs report, while the Australian dollar got only a brief lift despite signals from the central bank that interest rates could rise over time.
Stocks in Shanghai dropped as much as 3% Thursday, weighed by speculation China may take more steps to rein in liquidity, slashing the Australian dollar's gains, while copper slid from 10-month highs after disappointing U.S. services data.
Asian markets took a tumble late in the session Wednesday, as selling accelerated causing stocks to slump. Japan closed down over 1% after trading flat for most of the session.
Asian stocks climbed to an 11-month high Tuesday on hopes a V-shaped recovery may be forming in the United States, while the Australian dollar hit its highest since late September after solid housing and retail sales data.
Asian markets inched up to an 11-month high Monday on mounting evidence that the global economic recovery is picking up speed, giving a boost to oil and copper prices while hurting the safe-haven U.S. dollar.
Asia markets closed mostly higher Tuesday after racking up solid gains in recent sessions. Upbeat data on U.S. new home sales lifted confidence on Wall Street and in Asia, but Japan markets slipped marginally to break their nine-day winning streak.
The Nikkei 225 could rally to 22,000 points over the next 3 years as a 20-year downtrend in the Japanese index gives way to a strong bull run, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC.
Asian stocks rose across the board on positive earnings momentum Monday, helped by a solid run on Wall Street which saw the Dow cap its best two-week performance since 2000.
Asian markets lost steam on Tuesday to come off their early highs following solid gains on the U.S. market and confirmation that CIT Group had secured $3 billion in financing.
Asian stocks rallied to their highest levels this year on Monday, fueled by Wall Street's best week in four months and upbeat sentiment toward U.S. earnings in the second quarter.
Most Asian markets extended gains Friday as key U.S. earnings reports beat expectations, fueling hopes that the global recession is receding, but deadly explosions at two Jakarta hotels weighed on Indonesia stocks and the rupiah.
Asian markets jumped Thursday, buoyed by strong U.S. earnings and global recovery hopes after China's economy grew faster than forecast in the second quarter.
Asian markets extended gains Wednesday as blockbuster results from Intel seemed to augur well for the U.S. earnings season and for consumer demand globally. Hong Kong's Hang Seng Index also managed to breach the 18,000 level.
The Nikkei 225 is still in a bear market and could drop toward 8,000 points if it falls below a support level at 9,000 points, Roelof van den Akker, chartist at from ING Wholesale Banking, told CNBC Tuesday.
Asian stocks bounced Tuesday, extending gains as a rally in U.S. financial shares helped Japan break a 10-session losing streak, while also reversing a little of the recent safe-haven rush into the yen.
Japan's Nikkei fell for a ninth straight session Monday as concerns about company earnings outlooks weighed on Asian stocks, while oil languished near a six-week low as faith in a rapid economic recovery faded.
Uncertainty on earnings and economic recovery prospects saw Japanese shares finish at seven-week lows Friday, while prices for commodities such as oil and copper looked to build a floor after recent declines.