Asia Stocks Set to Fall as Meta Drags on Big Tech: Markets Wrap (Bloomberg) – Yahoo Finance
(Bloomberg) — Asian stock markets fell after disappointing forecasts from Meta Platforms, raising concerns that the industry that has driven the bull market in stocks has gone too far. Most Read Articles on Bloomberg Stock indexes in Japan and South Korea fell, and futures in Hong Kong also fell. Australian financial markets are closed for […]
European stocks start the week in positive territory as markets look to regain momentum; Galp up 17% – CNBC
17 minutes ago Stock gains: Gulp up 17%, Sartorius Stedim down 2.6% Shares in Portugal’s Galp Energia soared to a 16-year high in morning trading, rising 17% after the oil and gas company announced positive prospects for a gas exploration project in Namibia. Meanwhile, shares in British biopharmaceutical company Sartorius Stedim fell 2.6% as the […]
Asian Stocks Rebound With Earnings, Data in Focus: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian stocks opened higher this week as focus shifted to a host of corporate earnings and economic indicators to gauge the direction of central bank policy. Most Read Articles on Bloomberg Indexes in Japan, Australia and South Korea all rose more than 1% early Monday, partially recovering from last week’s slump. The dollar […]
US Dollar Forecast: Markets Await US GDP & Core PCE – EUR/USD, USD/JPY, GBP/USD – DailyFX
Most read: Decoding Fedspeak: How Central Bank Comments Move Markets – Gold and the US Dollar The US dollar, as measured by the DXD index, earlier rose to a multi-month high, boosted by growing evidence that the Fed may wait a little longer before tapering policy restraints. A tight labor market and persistent inflation have […]
US Yields Rise as Solid Data Keeps Lid on Fed Bets: Markets Wrap – Yahoo Finance
(Bloomberg) — U.S. Treasury yields rose slightly as strong economic data increased expectations that the Federal Reserve is in no hurry to cut interest rates. Most Read Articles on Bloomberg Ahead of the start of the quiet period before the Fed’s meeting, bond markets lost momentum, with two-year Treasury yields nearing the 5% level. The […]
S&P 500's Slide From Record Deepens as Tech Sinks: Markets Wrap – Yahoo Finance
(Bloomberg) — Stock markets were heading for their longest losing streak since January as some big tech companies sold off despite falling bond yields. Most Read Articles on Bloomberg Stock prices have fallen for four consecutive days, and the S&P 500 index has fallen more than 4% from its all-time high. Semiconductor manufacturers took the […]
US Yields Spike as S&P 500 Trims Gains by Half: Markets Wrap – Yahoo Finance
(Bloomberg) — U.S. Treasuries were sold Monday as strong retail sales strengthened the view that the Federal Reserve is in no hurry to cut interest rates, and traders braced for a wave of bank bond sales. Most Read Articles on Bloomberg The yield on the benchmark 10-year Treasury note hit a new 2024 high, weighing […]
Financial markets nervous amid Middle East tensions; oil price falls – business live | Business
Introduction: Markets are nervous amid concerns about tensions in the Middle East good morning. Welcome to our regular coverage of business, financial markets and the global economy. Financial markets are in a nervous mood this morning as investors worry about escalating tensions in the Middle East following Iran’s military attack on Israel last weekend. Many […]
US dollar to stay strong as markets delay Fed rate-cut bets: Reuters poll – Yahoo Finance
Written by Sarpiya Ganguly BENGALURU (Reuters) – The dollar will remain firm in the coming months as financial markets continue to dampen expectations for the timing and size of Federal Reserve interest rate cuts, according to a Reuters poll of foreign exchange strategists. It showed the outlook. Bucking a temporary downward trend in late 2023, […]
Asian Stocks Poised to Gain, Chinese PMI Expands: Markets Wrap – Yahoo Finance
(Bloomberg) – Asian stock markets are expected to open higher on Monday after new inflation data didn’t do enough to change the view that the U.S. Federal Reserve will cut interest rates this year. Most Read Articles on Bloomberg Stock futures for the Nikkei 225 index rose while trading remained suspended in Australia and Hong […]