Emerging Markets - Thai baht falls as much 0.5% but Asian stocks, FX advance after benign US inflation eases rate cut worries
There were 373 gainers, 453 losers and 472 counters traded unchanged on the Bursa Malaysia. Turnover stood at 1.31 billion shares valued at RM853.2mil. Meanwhile. TA Securities noted that trading activity is likely to persist as investors trim their positions ahead of the approaching Christmas and New Year holidays.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Asian Stocks Advance, Ringgit Rebounds as US Inflation Eases Rate Cut WorriesThe FBM KLCI closed higher on Monday, driven by a cautious market sentiment mirroring its regional peers. The Malaysian ringgit also ended a 10-session losing streak, gaining 0.4% against the US dollar. Asian stocks overall saw gains, while the Thai baht weakened.
La source: staronline - 🏆 4. / 75 Lire la suite »
Asian stocks, currencies retreat ahead of US inflation printSINGAPORE: Financial instruments will form part of the sale of ST Telemedia’s (STT) stake in U Mobile once certain conditions precedent to the completion of the sale are satisfied.
La source: staronline - 🏆 4. / 75 Lire la suite »
Asian Currencies and Stocks Slide on Hawkish US Rate OutlookInvestor sentiment soured as a hawkish US rate outlook weighed on Asian markets. The ringgit and baht suffered the most significant losses, while the rupiah approached a four-month low. The Fed's rate cut and Powell's comments triggered a pullback in policy easing expectations and a surge in the US dollar. Central banks across Asia intervened to support their currencies.
La source: staronline - 🏆 4. / 75 Lire la suite »
Asian Stocks Fall as Fed Signals Slower Rate Cuts, Yen Dips After BOJ Keeps Rates SteadyThe U.S. Federal Reserve's hawkish shift, signaling a slower pace of rate cuts next year, triggered a decline in Asian stocks and a strengthening of the dollar. The Bank of Japan's decision to maintain interest rates also pushed the yen lower.
La source: staronline - 🏆 4. / 75 Lire la suite »
Asian Stocks Tumble, Currencies Weaken on Fed's Hawkish ShiftEmerging Asian stocks sank to multi-month lows and currencies weakened against a surging dollar on Thursday after the U.S. Federal Reserve signaled a slower pace of rate cuts in the coming year. The Fed's hawkish tilt, despite a widely anticipated rate cut, spurred traders to cut back expectations for further easing and propelled the dollar to a near two-year high. The MSCI index of international emerging markets equities declined as much as 1.6%, while MSCI's emerging markets currency index fell 0.5% to its lowest level in over four months. Several Asian currencies, including the South Korean won, Indian rupee, Malaysian ringgit, and Indonesian rupiah, experienced significant drops against the dollar. Central banks in Indonesia, Thailand, and India took steps to stabilize their respective currencies.
La source: staronline - 🏆 4. / 75 Lire la suite »