News Formal

Fed minutes and US labour data hog focus as Asian stocks edge up

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Brasil Notícia Notícia

Markets make a tentative start to the year, not keen to make a call on a US rates pivot just yet

Singapore — Asian equities rose on Wednesday, while the dollar was on the back foot after a steep spike overnight, with investors keenly awaiting minutes from the Federal Reserve’s most recent meeting to gauge the path forward for interest rates.

China’s stocks opened flat, while Hong Kong’s Hang Seng index opened roughly 1% higher. Investors have pinned their hopes on a swift post-Covid-19 era recovery in China after the country started dismantling strict curbs. Minutes from the Fed’s December meeting, when it cautioned rates may need to remain higher for longer, are due to be released later on Wednesday. Investors will parse the minutes to figure out whether more policy tightening is likely.

“It is too early to start betting on a Fed pivot this year and that should make this difficult environment for stocks,” said Edward Moya, senior market analyst at Oanda in New York.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 12. in BR

Brasil Últimas Notícias, Brasil Manchetes

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

International Finance: Stocks fall after fledgling rally, yen strengthens: markets wrapUS and European equity futures declined and Asian shares fell in some markets on Tuesday in a sign that further pain lies ahead after global stocks tumbled by a fifth last year.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

International Finance: Hong Kong shares extend rally, yen climbs further: markets wrapHong Kong shares led gains across Asian equity markets on Wednesday and US and European stock futures rose in a sign of growing risk appetite. The dollar retreated against major currencies and the yen strengthened.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

International Finance: Five things to watch in Asia stocks after $5-trillion wipeoutTurnaround hopes for Asian equities abound after a near $5-trillion wipeout in valuation, with investors betting some of the biggest bugbears of last year will evolve into tailwinds for 2023.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »