-- Asian stocks are poised for a tentative open as Wall Street wavered ahead of a key US jobs reading that will likely guide the interest rate outlook of the Federal Reserve.A Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street Loans
“A slowing in the job market, and even an increase in unemployment, should be welcome to the extent that it alleviates some upwards pressure on inflation,” said Chris Zaccarelli at Independent Advisor Alliance. “But we are aware that too much weakness in the labor market and in the economy could eventually prove to be an even greater threat to markets than inflation.”
Elsewhere in Asia, more than a half of surveyed Bank of Japan watchers have forecasted that the central bank will trim its government bond buying when authorities meet next week, with a growing number also looking ahead to a rate hike in July.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian Stocks Set for Cautious Open as CPI Looms: Markets WrapAsian stocks were poised for a fairly cautious opening, following a wary session in Wall Street ahead of key US inflation data that will help shape the outlook for Federal Reserve policy.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Asian Stocks Set to Slide as Fed Cuts Seen Delayed: Markets Wrap(Bloomberg) -- Asian stocks are poised to track Wall Street lower following activity data that signaled the Federal Reserve may keep rates on hold for most...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Premarket: Stocks catch a ride higher with Nvidia; investors cautious over ratesWall Street futures pointed higher after closing down yesterday
Source: globeandmail - 🏆 5. / 92 Read more »
Stock market today: Asian stocks rise after Wall Street barrels to recordsHONG KONG (AP) — Asian markets rose Thursday after Wall Street barreled to records Wednesday as the frenzy around artificial-intelligence technology keeps...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian stocks trade mixed after Wall Street logs modest gainsTOKYO (AP) — Asian shares traded mixed Wednesday, as investors weighed recent data highlighting a slowing U.S. economy that offers both upsides and downsides...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Stock market today: Asian shares are mixed, with China stocks down, after Wall St retreatTOKYO (AP) — Asian shares were trading mixed Thursday, as investor sentiment in Tokyo was boosted by news of soaring Nvidia earnings.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »