Interest Rates
Asia markets set to open mixed after Wall Street gains on cooler-than-expected jobs data and rate-cut hopes
Aerial sunrise view of Osaka city in Japan Frank Lee | Moment | Getty Images Asia-Pacific markets were set to open mixed Thursday, after Wall Street gained on the latest jobs data from ADP, which strengthened investors’ conviction that the Federal Reserve will cut interest rates next week. Payroll processor ADP reported that private companies […]
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Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop
ETF Edge Buyer beware? Increasingly complex ETFs may burn investors due to market backdrop Published Wed, Dec 3 20257:00 AM EST Blair Bao WATCH LIVE Source
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South Korea auto stocks rise after U.S. Commerce Secretary confirms tariffs lowered to 15%
Overlooking the city with Busan Tower in Yongdusan Park. Nampo-dong, Busan, South Korea. Jungang Yan | Moment | Getty Images Shares of South Korean auto companies rose Tuesday after U.S. Secretary of Commerce Howard Lutnick confirmed that lower U.S. auto tariffs of 15% on South Korea would retrospectively come into effect, starting Nov. 1. “We […]
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South Korea headline inflation at 2.4% y/y, bolstering case for rate pause
Stalls at the Gwangjang traditional market in Seoul, South Korea. Eric Lafforgue/art In All Of Us | Corbis News | Getty Images South Korea’s consumer prices rose 2.4% in November from a year earlier, driven by higher food and services costs, bolstering the case for the Bank of Korea to maintain interest rates at the current level for […]
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Asia-Pacific markets start December mixed with China’s manufacturing data in focus
Aerial view of vehicles being driven on the road through the central business district on October 5, 2020 in Beijing, China. Zhang Qiao | Visual China Group | Getty Images Asia-Pacific markets opened December on a mixed note Monday as traders awaited fresh manufacturing data from China and rising expectations of a U.S. Federal Reserve […]
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Asia-Pacific markets track Wall Street gains as tech extends rebound
The Sydney Opera House Sydney, New South Wales, Australia. Gallo Images | Brand X Pictures | Getty Images Asia-Pacific markets advanced Thursday after Wall Street gained overnight as Fed rate-cut hopes rose and tech stocks rebounded. Japan’s benchmark Nikkei 225 index rose 1.42%, led by tech stocks, while the Topix index added 0.64%. Among the […]
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South Korea keeps rates steady as FX risks limit easing scope
South Korea’s central bank kept interest rates unchanged as widely expected on Thursday as a tumbling won reduced the scope for further easing and policymakers waited to see how the government’s steps to cool Seoul’s property market play out. The Bank of Korea’s monetary policy board voted to keep the benchmark interest rate unchanged at 2.50%, in line […]
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New Zealand central bank cuts rates to over 3-year low, signals end to easing cycle
New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022. Hagen Hopkins | Getty Images News | Getty Images New Zealand’s central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, but policymakers signaled […]
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Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations
SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets opened higher Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. […]
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