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Market Daily Report: Bursa Malaysia Ends Lower On Profit-taking In Plantation Stocks

KUALA LUMPUR, Sept 4 (Bernama) -- Bursa Malaysia ended lower on the final trading day of the week, weighed down by the plantation sector as investors locked in gains following its recent strong performance. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 7.03 points 1,708.10, compared with yesterday’s close of 1,715.13. The benchmark index opened 1.39 points lower at 1,713.74 and fluctuated between 1,704.86 and 1,715.20 throughout the day. The broader market was negative with losers outnumbering gainers 568 to 523, while 596 counters were unchanged, 1,085 untraded and 19 suspended. Turnover expanded to 4.33 billion units valued at RM2.98 billion from 3.90 billion units valued at RM3.21 billion on Thursday. 

Asia Extends Selloff as ‘Sell America’ Trade Returns, Bonds and FX Keep Investors on Edge

Asian equities fell for a  third straight session  as escalating geopolitical tensions tied to Greenland reignited fears of offshore selling of US assets, while volatility in global bond markets kept risk appetite fragile. The renewed anxiety follows President  Donald Trump ’s repeated threats to acquire Greenland — including tariff warnings against Europe — ahead of his speech at the  World Economic Forum  in Davos. Asia & Global Equity Snapshot Risk sentiment remained weak across regions: MSCI Asia-Pacific ex-Japan:   -0.3% Nikkei 225 :   -1.2% , fifth straight daily decline EURO STOXX 50 futures:   -0.4% DAX futures:   -0.4% US equity futures stabilised modestly after Wall Street’s sharp selloff: S&P 500 futures:  +0.2% Nasdaq futures:  +0.2% Overnight, the  S&P 500 fell 2.06%  and the  Nasdaq Composite slid 2.4% , the steepest one-day drop in three months. ‘Sell America’ Trade Back in Focus Investors r...

Markets Jolt Awake as Greenland Shock and Japan Bond Rout Shatter Calm

Global markets were jolted out of a prolonged period of low volatility after a sharp risk-off move rippled across equities, bonds and currencies, driven by renewed geopolitical fears tied to Greenland and mounting stress in Japan’s bond market. After weeks of steady gains and narrow trading ranges, investors were forced to reassess risk as President  Donald Trump escalated threats to impose tariffs on European allies in pursuit of control over Greenland, reigniting concerns of trade friction and capital outflows from US assets. What Moved the Markets US stocks:  Benchmark indices fell  more than 2% , marking one of the sharpest pullbacks in recent months Dollar:  Weakened against most major currencies US Treasuries:  30-year yields climbed toward  5% Gold:  Rose to a  record high , reflecting demand for safe havens Volatility:  The  VIX Index  surged to its highest level since November The selloff ended an unusually calm stretch tha...