Stocks wobble on Walmart warning, looming Fed hike

HONG KONG : Asian shares wobbled on Tuesday and bonds were firm as a profit warning from Walmart put consumption and company earnings under a cloud ahead of what is likely to be another sharp U.S. interest rate hike.

Investors are also awaiting a likely 75 basis point Federal Reserve interest rate increase later this week - with markets pricing about a 10 per cent risk of a larger hike, as well as waiting to see whether economic warning signs prompt a shift in rhetoric. Chinese stocks managed small gains, with Hong Kong's Hang Seng Index up 0.4 per cent and China's benchmark CSI300 Index up 0.3 per cent in early trade.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

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

Stocks slip as growth risks sap confidence; bonds, dollar in demandTOKYO : Asian stocks lost ground on Monday, retreating from over three-week highs as worries about a global economic downturn sapped investors' risk appetite.Bond yields eased amid bets that a U.S. recession would slow the Federal Reserve's aggressive tightening campaign, with markets looking for policy c
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »