Most Asian stocks crashed as the U.S. Federal Reserve officials signal tapering asset purchases. As recorded on April’s meeting minutes released on Wednesday, May 19, a debate regarding taper talks is open at the upcoming meeting as early as next month to scale back the massive bond purchases. As stated, many participants recommended that if …
Asian Stocks Crashed as Fed Signals Tapering Asset Purchases Read More »
On Wednesday, May 19, European stocks flopped, succeeding in a global drop in stock markets on Tuesday amidst investors’ inflation concerns. In front of more retail earnings, U.S. stock futures plunged in early premarket trading on Wednesday. At the same time, Asia Pacific stocks also slumped on the same day. Some markets were shut in …
European Stocks Flopped Amidst Inflation Concerns Read More »
Asian shares edge higher on Tuesday, with markets shrugging off worries about increasing regional COVID-19 infections. Moreover, the session on Wall Street has been subdued. Monday’s session was mixed, followed by a rise of 1.06% in MSCI’s broadest index of Asia-Pacific shares outside Japan. The market is still recovering from the last few weeks amid …
Asian Shares Push Higher, Economic Recovery Speed Diverges Read More »
Financial institutions, airlines, and technology giants successfully dominated the previous weeks of the earnings report. After weeks of waiting, the world’s biggest retailers are in for some reckoning. Hence, analysts have high expectations for their performances. Walmart should report on Tuesday, May 18, before the stock market opens. Since last year, it has been among …
Asian markets rebounded on Friday led by Japanese shares, building on Wall Street investors buying stocks that would benefit most from an economic revival. Federal Reserve officials’ inflation fears were calmed towards the weekend, reassuring the markets that price pressures from the reopening of the economy would prove transitory. This interrupted a global three-day retreat …
A rise in U.S. inflation lashed Wall Street sending Asian shares to seven-week lows on Thursday. Bond yields also came surging as investors worry that the Federal Reserve might push through sooner with tightening. Deutsche Bank macro strategist Alan Ruskin said that higher inflation is a definite negative for equities. Given the likely rates response, …
Asia Pacific stocks have remained near one-month lows, mostly down on early Wednesday. Implications of faster inflation still beset investors with worries, including the continuous surge in commodities. The stock market now awaits U.S. inflation data for April, the Consumer Price Index (CPI), as well as U.S. government debt sales due later in the day. …
Asian Stocks Fall as Investors Brace for U.S. Inflation Data Read More »
Wall Street has recoiled on worries about inflation that have accelerated, causing investors to stay away from growth stocks. Asian shares have fallen during Tuesday’s early trade due to fears about higher interest rates soon. This week, a host of Federal Reserve speakers should provide the markets some clarity. The talks will center on policymakers’ …
Asia Shares Retreat Over Inflation Worries, Fed Outlook Read More »
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