Asian stocks slip as geopolitical fears sap confidence

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 53%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

Asian stocks slip as geopolitical fears sap confidence

SINGAPORE -Asian stocks fell on Tuesday as investors pondered looming U.S. interest rate cuts and awaited earnings from AI darling Nvidia (NASDAQ:Gold prices were just shy of a record peak, while the dollar steadied and the yen hovered near its highest in three weeks as investors sough safety amid geopolitical risks, with Israel and Lebanon's Hezbollah exchanging fire on Sunday.

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.48% lower on Tuesday, inching away from the one-month high it touched in the previous session.Also weighing on sentiment was the move by Canada, following the lead of the United States and European Union, to impose a 100% tariff on imports of Chinese electric vehicles and a 25% tariff on imported steel and aluminium from China.

Investor attention will be on the U.S. personal consumption expenditure price index - the Fed's preferred gauge of inflation - due on Friday and then the August payrolls report next week. "We continue to see the Fed making two 25 bps rate cuts this year to the benefit of risk assets. We think a 50 bps cut next month is only likely if the payrolls report shows another jump in unemployment."

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 450. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Stock market today: Asian benchmarks are mixed as Tokyo sips on strong yenJapan’s index has plunged, as the U.S. dollar sank against the yen, and regional investors digested the rally on Wall Street that came on hopes U.S. cuts to interest rates will be arriving soon. A strong yen is a plus for Japan’s purchases but hurts the nation’s giant exporters like Toyota by eroding the value of overseas profits.
Herkunft: AP - 🏆 728. / 51 Weiterlesen »

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
Herkunft: ksatnews - 🏆 442. / 53 Weiterlesen »

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks are higher following a decision by the Bank of Japan to raise its benchmark interest rate.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »

Stock market today: Asian stocks are higher as Bank of Japan raises benchmark rateAsian stocks were higher Wednesday following a decision by the Bank of Japan to raise its benchmark interest rate. Policy decisions were due later in the
Herkunft: Mynorthwest - 🏆 438. / 53 Weiterlesen »

Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that
Herkunft: Mynorthwest - 🏆 438. / 53 Weiterlesen »

Stock market today: Asian stocks track Wall Street gains ahead of central bank meetingsAsian stocks started the week with gains ahead of central bank policy meetings in the United States and Japan, after a broad rally on Wall Street that capped a tumultuous week.
Herkunft: wjxt4 - 🏆 246. / 63 Weiterlesen »