Asian Stock Market: Sentiment dwindles amid Fed’s hawkish halt, downbeat China data

Softer China data underpins hopes of more stimulus from Beijing and favor risk profile.Asian equities grind higher, making rounds to a two-month high early Thursday, as traders struggle to cheer the Federal Reserve rate hike pause amid “higher for longer” fears. Also challenging the bulls could be hawkish concerns about the Reserve Bank of Australia and downbeat China data.

It should be noted that Australia’s ASX 200 rises 0.20% whereas New Zealand’s NZX50 adds 0.35%. Further, Chinese shares also edge higher despite downbeat data.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Stock-Market Bulls See Room to RunStock-market bulls are in the driver’s seat ahead of a busy stretch that features key economic data and the Fed's next interest rate decision
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »

Stock market today: Global markets higher ahead of US inflation, Fed rates decisionGlobal stock markets and Wall Street futures rose Tuesday ahead of a U.S. inflation update and a Federal Reserve decision on another possible interest rate hike.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »

5 things to know before the stock market opens TuesdayHere are the most important news items that investors need to start their trading day.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

Stock market outlook: Goldman Sachs raises S&P 500 target amid AI boomGoldman Sachs raises its S&P 500 price target for the year as AI booms and the 2023 rally broadens out beyond biggest tech names
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Stock market today: Global stocks, Wall Street futures mixed after US inflation coolsGlobal stock markets and Wall Street futures were mixed Wednesday after a cooler reading on U.S. inflation buoyed hopes the Federal Reserve will postpone a possible interest rate hike.
مصدر: wjxt4 - 🏆 246. / 63 اقرأ أكثر »