ASX to rise, Wall Street ends lower, ahead of economic data, earnings

At the same time, the Australian dollar was down, at 67.36 US cents.

Underlining the global nature of the inflation challenge, central banks in Canada and New Zealand are expected to tighten policy further this week. "Not only are people worried that earnings are going to come in weak because of an economic slowdown, but also because of the rise of the US dollar, which creates a headwind for earnings for multinationals," Dakota Wealth Management's senior portfolio manager, Robert Pavlik, said.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

ASX LIVE: ASX to rise, Wall St lower on earnings angstAustralian shares are set to edge higher, though US losses could check the advance. $A drops. Copper, iron ore fade on China concerns. Follow updates here.
Fuente: FinancialReview - 🏆 2. / 90 Leer más »

ASX to rise, $A drops, Wall St lower on earnings angstAustralian shares are set to open higher. In contrast, tech stocks paced the Nasdaq down. The Aussie fell to near US67.50¢. Iron ore slumps below $US108.
Fuente: FinancialReview - 🏆 2. / 90 Leer más »

Clouds gather over Wall St as earnings season loomsAnalysts predict June quarter earnings growth for S&P 500 companies slowed to the lowest level since 2020.
Fuente: FinancialReview - 🏆 2. / 90 Leer más »