ForexLive Asia-Pacific FX news wrap: USD carried on weaker – ForexLive
AUD TRADERS NOTES – Reserve Bank of Australia Deputy Governor Hauser is due to speak on the economic outlook tomorrow. US Commerce Secretary Gina Raimondo Announces $25 Billion Indo-Pacific Infrastructure Plan Keep an eye on Treasury Secretary Yellen’s speech on Thursday Bank of Japan Governor Nakamura: If consumption weakens, inflation may not reach 2% after […]
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% […]
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 […]
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 […]
Asian Stocks Climb as Risk Sentiment Rebounds: Markets Wrap – Yahoo Finance
(Bloomberg) — Asian shares tracked gains in the U.S. as lower expectations for U.S. consumer price growth strengthened the case for the Federal Reserve to cut interest rates later this year. Most read articles on Bloomberg Markets in Australia, South Korea and Japan posted modest gains on Monday, while Hong Kong stock futures also rose. […]
ForexLive Asia-Pacific FX news wrap: USD/JPY sitting just above 157.00 – ForexLive
Asia was in a subdued trade, with little recovery due to the strength of the US dollar and the decline in “risk” seen on Thursday. The US has a public holiday on Monday, and bond markets will close early on Friday. Traders in Asia seemed determined to close even earlier. The focus of the session […]
Stocks Churn as Traders Waver on US Rates Outlook: Markets Wrap – Yahoo Finance
(Bloomberg) — Stocks hovered below this week’s record levels as bets on the Federal Reserve’s policy easing prompted investors to exit riskier assets. Most Read Articles on Bloomberg U.S. futures contracts were little changed after European benchmark indexes fell after Wall Street pulled back from the previous session’s all-time highs. The dollar price rose slightly, […]
Forexlive Americas FX news wrap 9 May: USD reverses to the downside after weaker claims – ForexLive
The North American session was initially highlighted by the number of new weekly unemployment claims. Estimates were 231,000 to 215,000, beating expectations. This was the highest level since November 2023. It’s only been a week, and the spikes tend to be somewhat seasonal. Easter was early this year, so that may have had an effect. […]