Asia FX muted, dollar strong as sticky CPI fuels bets on smaller rate cut – Investing.com
Investing.com — Most Asian currencies were in a flat to lower range on Thursday, while the dollar strengthened, after a strong U.S. consumer price index dashed hopes that the Federal Reserve would make a bigger interest rate cut. Weak Japanese inflation data weighed on the yen, sending it further down from an eight-month high, but […]
Asia shares dragged by Wall St dive, bonds bullish – Reuters
Asian stock markets: Nikkei falls 2.4%, S&P 500 futures flat Recession risks, shift away from stocks favor bonds ECB expected to cut rates by 25bp on Thursday, Fed to do the same next week SYDNEY, Sept 9 (Reuters) – Asian stocks fell on Tuesday as fears of a U.S. recession weakened Wall Street and pushed […]
Antony Blinken Begins ‘Farewell Trip’ to Asia
Secretary of State Antony Blinken is due to depart on Thursday for a six-nation Asian tour, organised by Chinese state media. Global Times Ironically Explained The trip is being taken as a “farewell tour” as President Joe Biden’s administration slides into “garbage hour.” The use of the term “garbage time” to describe the current situation […]
Gov. Abbot’s Asia tour champions a new era of American manufacturing, tech growth
Last week, Gov. Greg Abbott (R-Texas) returned from an economic development trip to Taiwan, Japan and South Korea, where he “met with corporate executives, business leaders, foreign dignitaries and government officials to promote Texas’ booming economy and foster the development of industries critical to the future of the global economy,” according to the Texas Economic […]
Japanese Shares Pull Asia Higher as Yields Rise: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — Japanese shares rose in Asia and a benchmark Japanese stock index neared a record high, as financial shares rose on the prospect of higher lending rates. Most read articles on Bloomberg Japanese bank and insurance stocks were the biggest contributors to the Topix gains as the country’s 10-year government bond yield continued to […]
Asia FX muted as dollar firms before PCE data; yen on intervention watch By Investing.com – Investing.com
Investing.com — Most Asian currencies traded in narrow ranges on Friday as the dollar hovered near a two-month high ahead of the release of a key inflation reading that is likely to influence the Federal Reserve’s interest rate outlook. The dollar’s strength pushed the Japanese yen further below the level at which traders had initially […]
Men from Middle East, Asia pour over US border: ‘Not one from Mexico’
Fox News’ Bill Melugin talks with migrants crossing into the San Diego sector of the southern border. #foxnews Subscribe to Fox … source
India stocks tumble 5% to lead Asia markets lower on tighter-than-expected election race; Adani stocks tank 20% – CNBC
3 hours ago Adani Group shares fall nearly 20% Adani Group shares fell nearly 20% after results from India’s general election showed a closer race than expected between the BJP-led NDA and the Indian National Congress-led INDIA alliance. Adani Ports plunged more than 18 percent and Adani Enterprises plunged 19 percent. Both stocks rose more […]
Asia markets mostly lower after investors assess Australia inflation data – CNBC
2 hours ago Japan consumer confidence falls in May as most households expect prices to rise Japan Consumer Confidence Index The index fell to 36.2 in May from 38.3 in April, continuing a decline since February and reaching its lowest level since November. The majority of survey respondents expect prices to rise over the next […]
Asia FX weakens as Fed minutes brew rate fears, boost dollar – Investing.com
Investing.com — Most Asian currencies traded in narrow ranges on Thursday, recouping some overnight losses as minutes from the U.S. Federal Reserve’s latest meeting boosted the dollar amid growing concerns about higher interest rates for a long time. The prospect of a renewed trade war between the U.S. and China after China retaliated against higher […]