Asian stocks rose on Tuesday as positive sentiment on Wall Street ahead of an expected Fed rate cut spilled over into regional trading.
Equities in Japan and South Korea rose in morning trading, while Australian equities declined. This followed a surge in bets for a US central bank rate cut, pushing stocks near record highs amid hopes that looser policy would strengthen the American corporate sector.
The S&P 500 rebounded on Monday after a sell-off in the previous session on a weak jobs report. Although upcoming data is projected to...
"After last week's lackluster jobs numbers, it would likely take a big positive surprise from this week's inflation data to derail a Fed rate cut next week," said Chris Larkin at E*Trade of Morgan Stanley.
Fed officials have signaled concerns are shifting from inflation risks posed by tariffs to weakness in the labor market. Steady inflation expectations are an indication that tariffs could be a one-off price shock. Although tariffs take several months to impact the economy,
Ahead of next week's Fed meeting, Thursday's core consumer price index is projected to show a 0.3% increase in August for the second month. Before that, figures from the Bureau of Labor Statistics on Tuesday are likely to reveal another decline in US employment, paving the way for an interest rate cut.
"While the September 5 report showed slowing job growth, it does not appear to signal a recession," according to Invesco's Global Market Strategy Office. "Slower growth, anchored inflation expectations, declining yields, and anticipation of rate cuts point to an optimistic outlook for stocks."
Source: Bloomberg
European stocks opened generally higher on Wednesday (December 17th) as investors prepared for central bank decisions. Central bank action will be closely monitored by European market participants th...
Asian stocks opened lower after weak US employment data did little to change expectations of a Federal Reserve interest rate cut. The MSCI Asia Pacific Index fell 0.1%, extending its decline to a thir...
European stocks closed lower on Tuesday, with the STOXX 50 down 0.5% and the broader STOXX 600 slipping 0.4%, as optimism around Russia–Ukraine peace efforts prompted investors to reassess the outlook...
Stocks fell slightly on Tuesday as traders digested the delayed release of the November's jobs report. The S&P 500 fell 0.1%, while the Nasdaq Composite pulled back about 0.2%. The Dow Jones Indu...
European stocks are expected to open lower on Tuesday (December 16), reversing gains seen earlier in the week. Shortly after the opening bell, the pan-European Stoxx 600 index fell 0.2%, with most se...
Fed Governor Christopher Waller said Wednesday that the Fed is in no rush to cut interest rates, given the current outlook, according to Reuters. Key points: "The job market is very weak, job growth is not good right now." "The Fed's rate cuts...
Gold continues to be supported by expectations of dovish monetary policy from the Federal Reserve, economic uncertainty, and geopolitical tensions, said ActivTrades analyst Ricardo Evangelista. Although non-farm payrolls increased by 64,000 jobs,...
Oil prices rebounded from their lowest close in nearly half a decade, as the US prepared new measures against Russia if Moscow rejects a peace deal and blocks sanctioned tankers off the coast of Venezuela. Brent futures rose as much as 2.5% to...
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to...
Stocks rose Monday led by a broad array of names as traders bet data set for release this week will point to tame inflation and strong economic...
Asian markets opened lower in the last full trading week of 2025, fueled by concerns about the prospects for tech company profits and growing AI...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10%...