Prices
Asia-Pacific markets to open mostly higher after Wall Street rallies ahead of U.S. election results
A screen displays the Nikkei 225 Stock Average figure on the trading floor at the Nomura Securities Co. headquarters in Tokyo, Japan, on Jan. 11, 2024. Bloomberg | Bloomberg | Getty Images SINGAPORE — Asia-Pacific markets were set to open mostly higher Wednesday after Wall Street surged overnight ahead of the U.S. presidential election results. […]
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Top Wall Street execs are getting skeptical on the Fed’s easing path
A trader works as a screen displays the Fed rate announcement, on the floor of the New York Stock Exchange on June 12, 2024. Brendan McDermid | Reuters RIYADH, Saudi Arabia — Major Wall Street CEOs see ongoing inflation pressures in the U.S. economy and aren’t convinced that the Federal Reserve will continue its rate-easing […]
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India central bank well-equipped for post-U.S. election volatility, Reuters reports
A sign for the Reserve Bank of India (RBI) sign is displayed inside central bank’s headquarters in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images India’s central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week’s U.S. presidential election, two sources familiar with […]
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Asia markets poised to open mixed as investors gear up for U.S. elections, China parliament meeting
BEIJNG, CHINA – NOVEMBER 13: Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China. (Photo by Gao Zehong/VCG via Getty Images) Vcg | Visual China Group | Getty Images Asia-Pacific markets were set to open mixed Monday as investors gear up for a busy week that includes […]
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10-year Treasury yield rises above 4.3% as traders ignore noisy jobs report
The yield on the 10-year Treasury rose as traders downplayed October jobs data showing meager job growth that was hurt by hurricanes and striking workers, and was far below what Wall Street was expecting. The 10-year Treasury yield jumped nearly 10 basis points at 4.382%. The 2-year Treasury yield was higher by 5 basis points […]
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Asia markets set for a mixed open after key Wall Street benchmarks clock worst day in 2 months
SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets were set to open mixed Friday, after Wall Street benchmarks the Nasdaq Composite and S&P 500 suffered their worst day in nearly two months […]
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Federal Reserve rate cuts could prove to be a boon for Southeast Asian economies
A Thai investor checks an electronic board showing stock prices. Amphol Thongmueangluang | SOPA Images| LightRocket | Getty Images The U.S. Federal Reserve’s decision to cut interest rates in September, with further reductions expected, could prove to be a boon for the emerging economies of Southeast Asia. “We’re very confident and optimistic with the rate […]
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European markets open lower ahead of euro zone inflation data; Societe Generale jumps 8%
Traders sit in front of trading screens at ETX Capital in central London on January 3, 2017. London’s FTSE 100 reached a historic peak at 7,205.21 points in morning trade, extending a record run seen in the final week of 2016, before easing back from its highs. Daniel Leal | Afp | Getty Images LONDON […]
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Asia markets mostly slip ahead of Bank of Japan decision, China factory activity figures
Kazuo Ueda, governor of the Bank of Japan (BOJ), speaks during a news conference at the central bank’s headquarters in Tokyo, Japan Bloomberg | Bloomberg | Getty Images Asia-Pacific markets slipped Thursday as investors look to the Bank of Japan’s rate decision, as well as key business activity figures from China. Economists polled by Reuters […]
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European markets fall over 1% as investors await UK budget; Campari shares slide 15%
Novo Nordisk shares fall to nine-month low Novo Nordisk shares on Wednesday fell to levels last seen in January of 2024 according to LSEG data, pulling back after competitor Eli Lilly posted weaker-than-expected quarterly results. Eli Lilly missed expectations for profit and revenue in the third quarter and cut its adjusted profit guidance for the […]
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