Market Pulse - Asia
Most markets in Asia finished in the red on Tuesday, with a some major bourses returning from a long weekend, as traders there had their first chance of the week to react to the worsening trade relationship between Beijing and Washington.
China's vice commerce minister said trade talks with the US are complicated at the moment and accused the US of bullying China and holding “a knife to its neck”.
The pound bounced back at the start of the week even after - in what observers said was a challenge to the Prime Minister - Tory rebels published their alternative to her Brexit plan and despite a weak reading on a widely-followed survey of factory sector conditions.
Central Bank of Russia's recent decision to hike rates does not foreshadow that more interest rate hikes lay ahead, analysts at Sova Capital said.
Central Bank of Russia surprised financial markets on Friday, hiking its main interest rate in response to the recent overshoot of its inflation target on the back of weakness in the rouble and food price inflation, although Governor Elvira Nabiullina had reportedly flagged that possibility a week beforehand.
Carmaker Volvo has halted its truck assembly lines in Iran over US sanctions that are preventing it from being paid, a company spokesman said on Monday.
Markets in Asia finished lower amid rather quiet trading on Monday, as the latest round of tariffs in the ongoing trade war between the US and China came into effect.
China has refused to continue trade negotiations with the US until President Donald Trump stops threatening further tariffs.
China has demanded that the US remove sanctions placed on a defence agency and its director for purchasing Russian weapons.
Most markets in Asia finished in positive territory on Friday, following a stellar performance on Wall Street overnight, as traders once again appeared to shrug off ongoing trans-Pacfic trade concerns.
Markets in Asia ended their sessions in a mixed state on Thursday, as trade tensions between the US and China escalated even further.
The Organisation for Co-operation and Development has trimmed its forecasts for world growth for this year and next, cautioning that trade tensions, tighter financial conditions in emerging markets and political risks might further undermine "strong and sustainable" medium-term growth around the world.
Most markets in Asia finished in the green on Wednesday, as investors once again shrugged off concerns of further escalations in the ongoing US-China trade conflict.
Beijing struck back at Donald Trump’s latest round of trade tariffs on Tuesday, imposing their own sanctions on $60bn worth of US goods.
Mosman Oil and Gas remain confident that its Arkoma project will bear fruit, but told investors on Tuesday that until steady flow rates can be demonstrated over a period of time, the decision to invest further funds into the asset will be "cautiously approached".
Markets in Asia finished in primarily positive territory on Tuesday, as investors appeared to take a break from consternation over the state of affairs between the US and China.
Global fund managers topped up their holdings of cash and lowered their allocation to global equities, according to the results of Bank of America-Merrill Lynch's fund manager survey for the month of September, especially towards Emerging Markets and Europe.
An incident in which a Russian jet was shot down by Syrian forces on Monday was due to the "deliberate" aggression of the Israeli air force, according to the Russian defence ministry.
US President Donald Trump has confirmed he will impose new 10% tariffs on Chinese imports worth $200bn from next Monday, 24 September.