(Reuters) – A look at the day ahead in Asian markets. A short-lived conviction that the Fed would stick to a dovish path evaporated after Friday’s bet-busting payrolls number, with Treasury yields on Monday backing up above 4% and traders introducing a small chance that November might not yield a rate cut at all. The…
(Bloomberg) — European stocks are poised to decline, tracking weakness in Asian equities as a world-beating rally in Chinese shares paused. Oil extended gains amid concern over escalating tensions in the Middle East. Most Read from Bloomberg Futures on the Euro Stoxx 50 index fell 0.4%, while those on US shares declined 0.2%. A gauge…
Hong Kong share soared while other Asian markets retreated on Wednesday as tensions escalated in the Middle East. Oil prices extended gains after Iran fired dozens of missiles into Israel, potentially raising the risk of disruptions to supplies. That news overshadowed an upbeat report showing U.S. job openings rose unexpectedly in August as the American…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Will this week be Chinese President Xi Jinping’s equivalent of Mario Draghi’s famous “whatever it takes” moment? Only time will tell if China’s volley of monetary, liquidity and fiscal stimulus shots this week sparks a sustainable economic recovery, but the rally…
A look at the day ahead in European and global markets from Rae Wee Asian markets rallied on Thursday, defying weakness overnight on Wall Street as optimism over China’s latest stimulus measures got a fresh boost from news of a possible capital injection into its top banks. Authorities are considering a $142 billion infusion to…
Asian markets have been boosted by a rally in tech firms, fuelled by hopes for demand for all things AI (Mohd RASFAN) Tech firms led an Asian market rally Thursday on renewed optimism about demand for AI equipment following a strong earnings outlook from US chip giant Micron. News that South Korean behemoth SK hynix…