Asian Stock Market: Displays caution as yields soar, oil eyes $78.00

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Asian Stock Market: Displays caution as yields soar, oil eyes $78.00 – by Sagar_Dua24 Asia Oil Fed BOJ PBOC

rnment bonds has refreshed its three-month high at 4.03%. The demand for US government bonds has dropped dramatically as investors are expecting the United States recession a reality as the Federal Reserve looks set to push rates above 5% sooner. S&P500 futures have stretched their downside, portraying a negativeAt the press time, Japan’s Nikkei225 remained flat, SZSE Component eased 0.26%, Hang Seng dropped 0.40%, and Nifty50 tumbled 0.56%.data.

Meanwhile, Bank of Japan policymakers are constantly chanting dovish stances on monetary policy guidance. After dovish commentaries from BoJ Governor Nominee Kazuo Ueda and BoJ Deputy Governor Ryozo Himino, the current monetary policy has also been considered as appropriate by board member Junko Nakagawa. He cited “An expansionary policy is highly essential for supporting the economy and fueling wages.

On the oil front, oil prices are looking to extend their recovery to $78.00 in hopes of recovery in China post the release of the Caixin Manufacturing PMI, which overshadowed the risk of a global recession. Also, the less-than-anticipated build-up of oil inventories reported by the United States Energy Information Administration has infused fresh blood into oil bulls. The US EIA reported a build-up of oil stockpiles by 1.165 million barrels for the week ending February 24.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 14. in CO
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Colombia Últimas Noticias, Colombia Titulares

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

The stock market is about to signal that the bear market is finally overThe stock market is on the verge of signaling that the bear market is finally over It feels like this is clutching at straws after watching price movement at open today 😭
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

Monster Beverage stock dives 6% as earnings and sales miss, stock split and price increases plannedMonster Beverage Corp. shares dove 6% in after-hours trading Tuesday, after the energy-drink company reported holiday earnings and sales lower than Wall...
Fuente: MarketWatch - 🏆 3. / 97 Leer más »

The stock market relies on earnings to limit future downside: DataTrekHere's one bullish factor the stock market can continue to rely on to limit future downside, DataTrek says
Fuente: BusinessInsider - 🏆 729. / 51 Leer más »

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day. You state Trumps claims of election fraud were patently untrue as a matter of fact. The question is, were they material?
Fuente: CNBC - 🏆 12. / 72 Leer más »

STOCK MARKET NEWS: Target’s guarded forecast, Goldman updates strategy, SCOTUS student loanTarget delivers mixed results as retail earnings roll in, Goldman Sachs hosts investor day with strategy update, SCOTUS to hear arguments on Biden’s student loan plan. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move. Truth is economic news is not good, not even close. The China issue with global economic turmoil is going to cause a recession perhaps a depression
Fuente: FoxBusiness - 🏆 458. / 53 Leer más »