Asia stocks

So-called momentum trading will likely underperform regardless of the direction of markets or volatility, the brokerage says.

Asian stocks climbed and the yen retreated after President Donald Trump said that the US-China trade deal is intact, easing doubts sparked by reported comments from a senior adviser.

Asian stocks were mixed on Wednesday as investors weigh hopes for economic recovery against deepening US-China strains.

HONG KONG (May 30): Tokyo stocks led Asia higher Monday, boosted by hopes the government will delay a sales tax hike and by a weaker yen after Federal Reserve boss Janet Yellen hinted that a US interest rate increase was looming.

HONG KONG (May 26): Asia stocks took a breather Thursday after a rally during the previous session, but energy firms were mostly up after oil surged past US$50 a barrel for the first time this year.

TOKYO (May 25): Asian stocks jumped Wednesday after a strong lead from Wall Street and Europe, and as investors adjusted to the prospect of a US rate rise in the near future.