Marketmind: Fed eyes pause, market bets on pivot

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 66%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

A look at the day ahead in Asian markets from Jamie McGeever.The Fed on Wednesday delivered what markets are convinced will be the last rate hike of the cycle, bond yields and the dollar fell, yet investors are rattled. Asian markets wake up on Thursday to the realization that although U.S. rates h

The Fed on Wednesday delivered what markets are convinced will be the last rate hike of the cycle, bond yields and the dollar fell, yet investors are rattled.

Australian trade figures for March and final reading of China's manufacturing PMI for April are the indicators most likely to give local markets a steer on Thursday, while the European Central Bank is expected to raise rates later.The performance of U.S. regional banks on Wednesday is telling. They rose as much as 3 per cent in early trade, recouping some of the previous two days' heavy losses. Booming private sector U.S. jobs data also soothed hard landing or recession fears.

They closed down for a third day, shedding 1 per cent, while Wall Street's three main indices lost between 0.4 per cent and 0.8 per cent, short-dated Treasury yields plunged, and the dollar fell. Markets are simply not buying Powell's insistence that this time really might be different and the United States can avoid recession after the most aggressive tightening campaign in 40 years - they are pricing in 75 bps of Fed easing this year, the two-year U.S. yield is down 25 bps since Wednesday, oil is down 10 per cent this week.

 

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:

 /  🏆 6. in BR

Brasil Últimas Notícias, Brasil Manchetes

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

Stocks slide into Fed mode, shorts stalk banksSINGAPORE : Asian stocks fell for a second session in a row on Wednesday, as global investors contended with signs of a softening U.S. economy, and were in full flight from U.S. regional lenders, ahead of an expected U.S. interest rate hike later in the day.Trade was thinned by holidays in China and Japan
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »

Wall St stocks end lower, dollar gains after data; Fed, earnings in the wingsWall Street indexes closed slightly lower and the dollar gained with Treasury yields as investors digested Monday's data and waited for the U.S. Federal Reserve's interest rate decision due on Wednesday as well as key upcoming economic data and quarterly earnings reports.Crude oil prices were lower as wea
Fonte: ChannelNewsAsia - 🏆 6. / 66 Consulte Mais informação »