Asian stocks: China rises, others mixed as Powell dampens rate cut hopes

Investing.com-- Most Asian stocks moved in a flat-to-low range on Wednesday amid waning expectations for U.S. interest rate cuts, while Chinese markets advanced amid some signs of economic recovery.Still, U.S. stock index futures rose marginally in Asian trade as a rout on Wall Street now appeared overdone.The two indexes maintained some momentum after rebounding from five-year lows over the past two months.

This notion weighed on most stock markets, and kept Asian bourses moving in a flat-to-low range. Sentiment towards Asia was also dampened by data showing a sharp drop in Singapore’sRisk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports. Hong Kong gained nearly 2% while Shanghai fell after Fitch Ratings lowered its outlook for China's public finances. On Tuesday, the S&P 500 edged up 0.1% after barely budging the day before.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China's rating outlookShares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares are mixed and Shanghai gains on strong China factory dataAsian shares are mixed, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China.
Source: wjxt4 - 🏆 246. / 63 Read more »

Stock market today: Asian shares are mixed and Shanghai gains on strong China factory dataAsian shares are mixed, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China. Sydney and Hong Kong were closed for the Easter Monday holiday.
Source: AP - 🏆 728. / 51 Read more »

Stock market today: Asian shares are mixed and Shanghai gains on strong China factory dataAsian shares are mixed, with Shanghai gaining 1% after surveys showed improvements in manufacturing conditions in China.
Source: ksatnews - 🏆 442. / 53 Read more »