Asian Stocks Set to Fall as Traders Eye High Rates: Markets Wrap

-- Asian equities look poised for a weak open as investors contend with the prospect of global interest rates staying at their highest levels in decades.Futures for Japanese shares slipped 0.2%, while those for Australia dropped 0.5%. Contracts for Hong Kong and mainland Chinese stocks both fell at least 0.6%. The dollar opened mixed. A number of Australian states, including New South Wales, are shut Monday for holidays.

“Financial markets were bracing for a shutdown, so there’s an element of relief, but it’s only a temporary lifting of one of the clouds hanging over the markets now,” said Yung-Yu Ma, chief investment officer at BMO Wealth Management. “Interest rates and Fed hawkishness remain the name of the game and the main driver of the markets over the next few weeks.”A weak opening on the first trading day of October would extend a torrid period for global financial markets.

‘Quit saving your money’: Prolific investor Grant Cardone says there's only 1 thing that will bring you true wealth — and it's not your job or being cheap. Here's what it is and how to do itWarren Buffett, one of the most successful investors in the world, has a reputation for his simple yet profound financial wisdom. I'm a Self-Made Millionaire: Here Are 3 Things I Never Waste Money...U.S.

If you're not rich, you may wonder how you can get rich at various intervals of your life. Building long-term wealth generally means making smart decisions with your finances like investing...Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Here's why Lithium Americas could be the growth stock EV investors are looking for as a way to play the electrification trend.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Asian Stocks Set to Fall as Traders Eye High Rates: Markets WrapAsian equities look poised for a weak open as investors contend with the prospect of global interest rates staying at their highest levels in decades.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »

A last-second deal is set to avert a government shutdown as the business world celebratesIn a surprise turnabout after days when a stoppage seemed all but inevitable, Congress acted with lightning speed Saturday to avert a government shutdown and push Washington’s debates until later this fall.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

U.S. stock market’s powerhouses tested by soaring bond yieldsSome investors say the megacaps could be vulnerable if climbing bond yields keep pressuring stocks
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »