Asia stocks edge up on steady China GDP, earnings in focus

Chinese State Councilor and Foreign Minister Wang shakes hands with Japan's Foreign Minister Kono at their meeting in Tokyo

Asia stocks wavered on Tuesday after data showed both hot and cold patches in the Chinese economy, but losses were limited as investors turned their focus to corporate earnings from Syria.

France's CAC 40 inched up 0.1 percent to 5,319.17 in early trading, while Germany's DAX added 0.3 percent to 12,430.06. The world's second biggest economy was expected to have carried most of its strong momentum from past year into the first quarter of 2018, after growing 6.8 per cent in the fourth quarter.

The dollar was barely changed, with demand for safe-haven U.S. Treasuries ebbing as investor risk appetite improved in parts of the broader markets as investors took the view Western-led strikes on Syria were a one-off intervention.China's economy grew a welcome 6.8 percent in the first quarter of 2018 from a year earlier, official data showed on Tuesday, unchanged from the previous quarter. "This is encouraging", said Robert Subbaraman, chief economist for Asia excluding Japan at Nomura in Singapore.

Shanghai's index shed 0.35 percent and Japan's Nikkei was unchanged.

The big four banks also closed mixed, while energy stocks such as Woodside Petroleum, Oil Search and Origin Energy gained 1-2 percent after crude oil prices posted their largest weekly gain in nearly a year.

MIDDLE EAST: The leaders of Russia, Iran and the Hezbollah group in Lebanon said Sunday that Western airstrikes on their ally Syria, targeting its chemical weapons program, have complicated prospects for a political settlement to the country's seven-year conflict. The S&P 500 future climbed 0.3 percent to 2,690.20.

Global stock markets were stable and the price of oil fell Monday as investors seemed convinced that USA -led air strikes on Syria would not escalate but remained cautious about tensions with Russian Federation. "But the big picture is that economic momentum did hold up fairly well in Q1, with the easing of pollution controls sparking a recovery in industrial activity", Julian Evans-Pritchard of Capital Economics said in a commentary. Conflict continues in Syria and trade issues remain unresolved.

Rocket-control glitch delays launch of NASA's planet-hunting satellite
This will reveal whether the planets are rocky (like Earth), gas giants (like Jupiter) or something even more unusual. Mission planners have designed a novel orbit that will see Tess corralled by the gravity of the Moon.

Advertisment Asian stocks closed mixed on Monday, with markets in greater China lagging the rest of the region, as investors digested geopolitical tensions on the back of USA -led airstrikes on Syria last week.

The dollar index against a basket of six major currencies was little changed at 89.407 after losing 0.4 per cent overnight.

The pound's rise was its eighth in a row, coming as bets firm on another Bank of England rate hike next month, while yields on U.S. Treasuries were at their highest in over three weeks ahead of a flurry of top Fed speakers.

ENERGY: Benchmark U.S. crude added 29 cents to $66.51 a barrel in electronic trading on the New York Mercantile Exchange.

Aluminium hovered near seven-year highs reached the previous day after United States sanctions on Russian producer Rusal stirred supply concerns. Against the yen, the USA dollar edged down slightly to trade at 107.21 late in the afternoon session, after touching as high as 107.61 earlier in the session.

Aluminium on the London Metal Exchange was at Dollars 2,386 per tonne after surging 5 percent to USD 2,403 on Monday, its highest since September 2011.

Related news:

Hot News

Genworth Financial (GNW) Holdings Increased by Cambridge Investment Research Advisors Inc
Apr 17, 2018 - 15:15
Also, insider Robert John Piroli sold 648 shares of the firm's stock in a transaction that occurred on Tuesday, February 20th. Perhaps, that suggests something about why 0.61% of the outstanding share supply is held by institutional investors.

isis-killer-beheading-video-story-top Manchester City avoid transfer ban after being cleared in Benjamin Garré case
Apr 17, 2018 - 14:54
The Court of Arbitration for Sport have cleared Manchester City of any wrongdoing over their signing of an Argentine youngster in 2016.

isis-killer-beheading-video-story-top Which Market Offer More Value? - eBay Inc. (EBAY), The Boeing Company (BA)
Apr 17, 2018 - 14:50
It fall, as 21 investors sold NLS shares while 45 reduced holdings. 66 funds opened positions while 179 raised stakes. It also upped Etsy Inc stake by 124,695 shares and now owns 231,780 shares. 2U Inc (NASDAQ:TWOU) was raised too.

EPS for Anthem, Inc. (ANTM) Expected At $5.12
Apr 17, 2018 - 14:47
Captivating a peek at sell-side analyst insights, we can understand that the recent mean target price for the company is $280.21. Active investors purchase investments and continuously monitor their activity in order to exploit profitable conditions.

Holder Capital Research Global Investors Raised Abbvie INC (ABBV) Position
Apr 17, 2018 - 14:45
ValuEngine raised shares of AbbVie from a "hold" rating to a "buy" rating in a research report on Friday, February 2nd. Teacher Retirement Of Texas invested in 872,105 shares. 69 funds opened positions while 206 raised stakes. (NYSE:PM).

isis-killer-beheading-video-story-top United Bitcoin Trading 8.2% Higher This Week (UBTC)
Apr 17, 2018 - 14:44
Investors can then use their newly-acquired Ethereum or Bitcoin to buy Bitcoin Planet using one of the aforementioned exchanges. Profile Utility Token (PUT) traded 1.1% higher against the dollar and now trades at $0.19 or 0.00002364 BTC.

isis-killer-beheading-video-story-top HMD Global to launch Nokia X on April 27
Apr 17, 2018 - 14:43
The 2017 edition has a Fingerprint Scanner at the front panel which is now shifted to the back panel in the 2018 edition. Notably, as of now, the smartphone's listed as "currently unavailable" or "out of stock" in the above-mentioned stores.

isis-killer-beheading-video-story-top Zoo welcomes birth of baby gorilla
Apr 17, 2018 - 14:14
Scientists estimate that in the past 20 to 25 years, the number of wild western lowland gorillas has decreased by 60 percent. The International Union for Conservation of Nature has listed them as critically endangered due to disease and poaching.

isis-killer-beheading-video-story-top Jamie Oliver's Australian restaurant chain collapses
Apr 17, 2018 - 14:08
Jamie Oliver Restaurant Group chief executive Jon Knight said the partnership would give it the opportunity to expand its presence geographically.

isis-killer-beheading-video-story-top Modi in UK: Here is what awaits PM at CHOGM 2018 MEET
Apr 17, 2018 - 14:07
But some have pointed out that Britain's trade with Commonwealth nations now lags far behind that with its European neighbours. It will also provide an opportunity to meet other Commonwealth leaders and exchange views on matters of mutual interest.

isis-killer-beheading-video-story-top Tourists stranded on Kauai in Hawaii due to severe flooding
Apr 17, 2018 - 14:04
The National Weather Service recorded nearly 27 inches (68 centimeters) of rainfall in a 24-hour period in Hanalei. Evan Valiere shared the image above of Hanalei Pier on social media that shows the extent of some of the damage.

isis-killer-beheading-video-story-top Sachin Tendulkar shows his street cred, plays gully cricket in Mumbai
Apr 17, 2018 - 13:37
He has entertained fans in some of the iconic cricketing venues like Lords, Wankhede, MCG etc to name the few. The video displayed the batting maestro playing some deliveries while the boys bowled with a rubber ball.

isis-killer-beheading-video-story-top New push to legalise cannabis and sell it in shops
Apr 17, 2018 - 13:35
President of the Australian Drug Law Reform Foundation Dr Alex Wodak welcomed the announcement. Richard Di Natale is pushing for the controversial move to legalise cannabis for adults.

isis-killer-beheading-video-story-top TN: Woman lecturer arrested for advising students to 'adjust' with officials
Apr 17, 2018 - 13:18
Meanwhile, enraged students and parents thronged the college and staged a demonstration demanding action against the Professor. Further, he said that if the police had examined Nirmala Devi's cell phone her links could have been exposed.

Prudential Public (PUK) Getting Favorable News Coverage, Analysis Shows
Apr 17, 2018 - 12:58
Connecticut-based Quantitative Systematic Strategies Limited Liability Company has invested 0.08% in Patterson-UTI Energy, Inc. The Dow and S&P 500 rose 1.8 percent and 2 percent this week, respectively, while the Nasdaq advanced 2.8 percent.