BANGKOK (AP) — Shares were mixed in Asia on Wednesday after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong's Hang Seng gained 1.9% to 17,144.54, while the Shanghai Composite index slipped 0.3% to 3,088.25. Tokyo's Nikkei 225 gave up 0.4% to 39,616.51 and the S&P/ASX 200 in []
Asian stocks were muted as investors kept watch for possible intervention by Japanese authorities to stop the yen’s decline and awaited US inflation data later on Wednesday for clues to future interest rate moves. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.2 per cent, after US stocks ended the previous session with […]
Global shares have been mixed before the release this week of US inflation data and a crucial European Central Bank meeting, while industrial metals prices extended recent gains on expectations of a worldwide manufacturing rebound. The pan-European STOXX 600 index fell 0.2 per cent on Tuesday, while futures on Wall Street were muted. “Stock markets […]
Iran’s oil production in March 2024 stood at 3.188 million barrels per day (bpd), showing a 28,000-barrel increase from its February output, the biggest hike among the members of the Organization of Petroleum Exporting Countries, the Monthly Oil Market Report (MOMR) of OPEC showed.
Asian shares started the week on a subdued note on Monday, while the dollar firmed as investors weighed when the US Federal Reserve will start cutting rates in the wake of yet another blowout jobs report. Oil prices fell nearly two per cent as Middle East tensions eased after Israel withdrew more soldiers from southern […]
Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday
Oil & Gold Soar On Week, But 'Good Data' Wrecks Rate-Cut Hopes, Slamming Stocks & Bonds It was a 'good' week for macro data Source: Bloomberg but 'soft' survey data remains mired in depression as the 'aggregate' hard data holds strong Source: Bloomberg Of course, good news is bad news for the doves and rate-cut expectations for 2024 are down (particularly after today's big payrolls headline beat) well below three cuts expected by the 'median' Fed dot Source: Bloomberg ...
TOKYO (AP) — Asian shares mostly declined Friday after a U.S. Federal Reserve official said the central bank might not deliver any of the interest rate cuts that Wall Street has been banking on this year, citing concerns about inflation. Japan's benchmark Nikkei 225 dove 2.4% to 38,812.24. Sydney's S&P/ASX 200 slipped 0.8% to 7,756.20. []
BANGKOK (AP) — Shares were mixed Wednesday in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong’s Hang Seng gained 1.7% to 17,115.94
"Energy markets remain the key transmission mechanism from regional tension/conflict to the rest of the world economy."
Volatility returned as market participants adjusted their expectations for rate cuts.
The main indexes temporarily tumbled after Fed Chair Powell said interest rates could stay higher for longer.