TOKYO - Asian shares slipped on Monday, weighed down by underperforming Chinese stocks, while oil prices rallied on news the United States is likely to ask all importers of Iranian oil to end their purchases or face sanctions.
MSCI’s broadest index of Asia-Pacific shares outside Japan lost 0.3 percent, edging away from a nine-month peak scaled last week after Chinese economic data beat expectations and eased concerns about the health of the world economy. The index was still within touching distance of a 1-1/2-month peak reached on Thursday after steady U.S. retail sales data.
Brent crude futures were up 2.5 percent at $73.76 per barrel after brushing $74.31, the highest since Nov. 1, 2018.The U.S. reimposed sanctions in November on exports of Iranian oil after President Donald Trump unilaterally pulled out of a 2015 nuclear accord between Iran and six world powers. Washington is pressuring Iran to curtail its nuclear programme and stop backing militant proxies across the Middle East.
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Asia stocks firm, crude hits 5-month high on Iran sanctions reportAsian stocks were steady on Monday as investors awaited the return of major fina... Iran doesn't really supply the world so using that as an excuse is just wrong. However, American producers that shut down their wells when they feel they're not getting enough money for oil, that's more a reality.
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Asia stocks firm, crude hits five-month high on Iran sanctions reportAsian stocks were steady on Monday as investors awaited the return of major fina... ultimately higher prices for consumers
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Asia stocks firm, oil hits 5-month peak on Iran sanctions reportAsian shares were steady on Monday as investors took stock of recent data sugges...
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Asia stocks cling to nine-month high on China hopes, Wall Street dented by earningsAsian stocks ticked up on Tuesday, staying near a nine-month high as hopes of st...
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Asia stocks hover below nine-month high after Wall Street stallsAsian stocks hovered below a nine-month high on Tuesday after disappointing bank... Personally I think there’s something inherently dishonest about US stocks. Creepy.
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Asia stocks hover below nine month peak after Wall Street stallsAsian stocks hovered below a nine-month peak on Tuesday after disappointing bank...
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Stocks in Asia set to slip; BOJ chief flags trade risksStocks in Asia were set to see opening declines following comments from the Bank of Japan chief on the risks of increasing trade protectionism for the global economic growth outlook.
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JP Morgan says Asian stocks will struggle to move much higher from here'I think most of the gains for this year in Chinese as well as Asian equity markets are already behind us,' said Mixo Das, Asia equity strategist at J.P. Morgan. So what we're saying is that JP Morgan has shorted the Asian markets and is now marketing their strategy to lock in those sweet gains. Ummhmm. stocks markets investing hahahahah scaring retail away from some OTC available gems. classic JP Morgan. Dumb motherfuckers who let these bashers manage their money will enjoy buying my $xiacf bags after they pump x3 As long as they stay where they are, we are happy already
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