Morning Bid: BOJ eases market migraine, Super Micro aches

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 36 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 46%
  • Publisher: 63%

Mike Dolan Notícia

Global Markets,Shinichi Uchida,Bank Of Japan

In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to Bank of Japan almost...

In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to Bank of Japan almost apologising on Wednesday for its role in the ruckus - and traders now try to figure out what's next.

The dollar/yen exchange rate has now rebounded 4% from Monday's 7-month low to reclaim a foothold above 147. If worries about pricey tech stocks and a reappraisal of the artificial intelligence theme was another reason for last week's upheaval, then Super Micro Computer's miss overnight may keep nerves jangling in that sector.

And there are some big winners despite the recent tech wobble. Uber's results beat Wall Street estimates on Tuesday on the back of steady demand for its ride-sharing and food-delivery services, lifting its shares 5%.But a hefty 41 basis points of cuts next month is still priced by futures market and more than 100bps is still in the mix by the yearend.

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:

 /  🏆 47. in BR
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Brasil Últimas Notícias, Brasil Manchetes

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

Morning Bid: Stocks reel on 'R-word' return, Nikkei dives 12%Whether the prospect of a U.S. recession is real or imagined, the mere return of the discussion has been enough to send world stocks and bond yields reeling ...
Fonte: YahooFinanceCA - 🏆 47. / 63 Consulte Mais informação »