Asian Stock Market: Virus woes test bulls, US inflation in focus

Also positive for the markets were downbeat inflation data from China and firmer second-tier employment figures from Australia. It should be noted, however, that anxiety ahead of the US Consumer Price Index for December joins coronavirus-linked updates to challenge the investors.drops by around 1.0% heading into Wednesday’s European session.

Furthermore, Australia's Job Vacancies for three months to November jumped past -9.8% prior to 18.5% QoQ during early Asia. On Tuesday, Wall Street cheered Fed Chair Jerome Powell’s measured Testimony that showed readiness to hike interest rates but remained cautious over balance sheet normalization. Fed’s Powell also expected that the supply crunch will ease somewhat and the economic impact of the Omicron variant will be short-lived.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Zynga, Lululemon, Virgin Orbit, Tilray: What to Watch When the Stock Market Opens TodayLululemon said its profit will come in at the low end of its guidance; Virgin Orbit shares were gaining premarket.
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »

5 things to know before the stock market opens MondayU.S. stock futures dropped Monday after a rough first trading week of the new year as tech stocks were battered by rising bond yields
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Plenty of risks, but analysts are skeptical on a serious stock market downturnInflation, central bank policy tightening and Covid-19 infection rates continue to threaten the bull run for stocks. Thanks you for the great review that we had the other day. You made it easier for me to understand MichaelWeldon_ $43k earned🙌 Meaning, “There’s a crash of historical proportions coming.” They've been saying this for years
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

We're Buying More of This High-Quality Health-Care Stock Amid the Market Sell-OffThis buy will increase DHR’s weight in the portfolio from about 1.78% to roughly 2.13%. Sellout Kramer
Fonte: NBCDFW - 🏆 288. / 63 Consulte Mais informação »

IMF: Crypto is no longer an investment hedge due to stock market correlationThe International Monetary Fund (IMF) has stated that the increasing correlation between the cryptocurrency sector and the stock market rules... Continue reading
Fonte: CryptoPanicCom - 🏆 563. / 51 Consulte Mais informação »