Asian Stocks Dip as China Pares Rally; Oil Climbs

Asian stocks slipped and Chinese shares pared a rally Thursday as traders weighed the implications for equities of the recent jump in Treasury yields. Crude oil extended its advance after a cold blast disrupted U.S. output.

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Stock Market To Watch : ACC, Asian Paints, Punjab National Bank, United Sprits

✅ Syngene International extended R&D Agreement with Baxter Healthcare till 2024.        

✅ IZMO bagged multi-crore order from a leading OEM in Mexico for its car visualizer product.  

✅ PNB received Rs 2,816 crore capital infusion from Indian government.  

✅ Allahabad Bank received Rs 1,790 crore capital infusion from Indian government.       

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Stocks in Asia Retreat After Fed

Gold Silver Reports (GSR) – Stocks in Asia Retreat After Fed — Asian stocks tracked U.S. shares lower after the Federal Reserve said inflation is close to its target, without indicating any need to waver from its path of gradually tightening monetary policy. The dollar declined.

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Asian Stocks Edge Lower After U.S. Rally Ebbs

Gold Silver Reports (GSR) – Asian Stocks Edge Lower After U.S. Rally Ebbs — Indexes fell in Japan, Australia and South Korea in a muted start to Tuesday trading. Despite gains in technology stocks driving U.S. equities higher on Monday, the S&P 500 Index erased about two-thirds of its advance amid news the FBI conducted a raid at the office of President Donald Trump’s longtime lawyer, Michael Cohen. Treasuries pared losses and oil rebounded from the declines on Friday.                                  

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Stocks in Asia Trade Mixed; Treasuries Steady

Gold Silver Reports (GSR)- Equity benchmarks fluctuated across the region and U.S. equity futures declined. A recovery in U.S. equities from a technology-fueled drubbing on Monday seemed to be largely overshadowed by the Trump administration’s announcement that came after the close of stock trading in New York. Treasuries were steady after sliding Tuesday as risk appetite returned.                                            

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