Gold prices muted; copper weakens as China stimulus underwhelms
Gold prices steadied in Asian trade on Monday as traders awaited more cues on U.S. interest rates from a string of Federal Reserve speakers this week, while bets on a November cut persisted. Among industrial metals, copper prices dipped as signals on fiscal stimulus in top importer China largely underwhelmed, while weak inflation…
Global Forex and Fixed Income Roundup: Market Talk
The latest Market Talks covering FX and Fixed Income. Published exclusively on Dow Jones Newswires throughout the day. 0248 GMT – Singapore’s central bank is likely to keep policy settings unchanged at its meeting Monday, according to all nine economists and analysts surveyed by The Wall Street Journal. That would mark the sixth…
Asia stocks edge higher with CPI in focus; China falls past fiscal stimulus talk
Most Asian stocks drifted higher on Thursday with focus on key U.S. inflation data for more cues on interest rates, while Chinese markets surged after Beijing flagged plans for more fiscal stimulus measures. Regional markets took a positive lead-in from Wall Street, where the Dow Jones Industrial Average hit a record closing high…
Japan leads Asia stock rally, dollar gains after blowout US payrolls
Asian stocks rallied and the dollar reached a fresh seven-week peak on the yen on Monday after blowout U.S. labour data dispelled fears of a recession and spurred a sharp paring of rate-cut bets. Short-term U.S. Treasury yields rose after the closely watched non-farm payrolls report on Friday showed the economy unexpectedly added…
Dollar poised for largest weekly gain since April, jobs report in focus
The dollar hung around a six-week high on Friday, set for its biggest weekly gain since April due to safe-haven demand on rising Middle East tensions. Market activity is expected to be subdued ahead of U.S. non-farm payrolls figures – due later in the day – which will help shape the Federal Reserve’s…
Asian stocks rise as China cheer persists; Tech tracks US rally
Most Asian stocks rose on Thursday amid persistent cheer over stimulus measures in China, while technology stocks- particularly chipmakers- rallied tracking strong earnings from U.S. peer Micron. Regional markets shrugged off a weak overnight session on Wall Street, where U.S. stock indexes fell from record highs amid anticipation of more cues from the…
Asian stocks rise, China rallies further on stimulus cheer
Most Asian stocks rose on Wednesday, with Chinese markets seeing outsized gains after Beijing unveiled a string of new stimulus measures aimed at shoring up economic growth. Regional markets took a positive lead-in from Wall Street, where strength in technology stocks pushed the S&P 500 and the Dow Jones Industrial Average to record…
US stock index futures steady as rate cut cheer cools; More Fed cues awaited
U.S. stock index futures moved little in evening deals on Sunday as a rally on the back of a bumper interest rate cut petered out, with focus turning to a slew of more signals from the Federal Reserve this week. Wall Street indexes had rallied to record highs last week after the Fed…
Japan CPI inflation hits 10-mth high in August; BOJ meeting approaches
Japanese consumer price index inflation rose as expected in August amid a sustained pick-up in consumption on higher wages, with the reading coming just before a Bank of Japan meeting later in the day. Core CPI, which excludes volatile fresh food prices, rose 2.8% year-on-year to a 10-month high in August, government data…
US stock index futures rise after Fed cuts rates by 50 bps
U.S. stock index futures rose in evening deals on Wednesday after the Federal Reserve cut rates by a wider 50 basis points and kicked off an easing cycle that is likely to see rates fall further. Futures rose after Wall Street logged a choppy session, given that the large cut also raised some…
Recent Comments