Asia-Pacific markets rise as Fed holds rates and shifts dot plot – CNBC
The sails of the Opera House are illuminated with projected images during the opening night of Vivid Sydney 2023, Friday, May 26, 2023, in Sydney, Australia. Anadolu Agency | Anadolu Agency | Getty Images Asia-Pacific markets rose on Thursday after the US Federal Reserve kept the federal funds rate unchanged at 5.25%-5.5% and changed its […]
Stocks Rise on Dovish Rate Bets; Bond Rally Pauses: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks rose on bets that a weakening economy will give the Federal Reserve room to cut interest rates this year, while Treasury bonds pared a rally that had sparked the biggest two-day drop in yields this year. Most read articles on Bloomberg S&P 500 contracts rose after the underlying index closed just 0.6% […]
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 […]
Asian Stocks Eye Early Gains as Rate Cut Bets Firm: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks rose on Monday as a weak reading of the Federal Reserve’s preferred inflation gauge spurred hopes of an interest rate cut. Most read articles on Bloomberg Australian, Japanese and Hong Kong shares rose, while Indian stock futures surged after exit polls showed a landslide victory for Prime Minister Narendra Modi’s party. […]
European Futures Slip as High Yields Sour Mood: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — European stocks are set to follow selling pressure from Asia as U.S. Treasury yields hover near this year’s highs, keeping risk sentiment in check. Most read articles on Bloomberg Euro Stoxx 50 futures fell 0.4% and U.S. stock futures also fell. The MSCI Asia Pacific Index fell to its lowest in three weeks, […]
Stocks Slide With Bonds After US Yield Spike: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks fell and bond prices slid, following an overnight sell-off in U.S. Treasuries after a weak bond auction and hawkish comments from the Federal Reserve chairman. Most read articles on Bloomberg Europe’s Stoxx 600 index fell 0.6%, and futures pointed to a similar decline on Wall Street. UK 10-year government bond yields rose […]
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 […]
Wall Street mixed after holiday as markets await inflation data – Yahoo Finance
Abigail Somerville NEW YORK (Reuters) – The Nasdaq Composite Index topped 17,000 points for the first time on Tuesday, buoyed by a rise in Nvidia shares, while the S&P 500 closed modestly higher and the Dow Jones Industrial Average closed lower on rising Treasury yields. Nvidia rose 7% and other semiconductor stocks also rose as […]
Asian Stocks Tread Water Before Inflation Data: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — Asian shares traded in a narrow range on Tuesday and the dollar fell ahead of a set of inflation data that is expected to influence the direction of global monetary policy. Most read articles on Bloomberg South Korean and Taiwanese shares rose. U.S. and British markets were closed on Monday and European shares […]
European stocks tick higher; UK and U.S. markets closed – CNBC
52 minutes ago German economic sentiment falls short of expectations What is the German economic outlook? May was stagnant, A survey by the country’s Ifo institute showed improvement for the third consecutive month. “Sentiment among German businesses remains unchanged. The ifo business climate index remained at 89.3 points in May. Companies are not satisfied with […]