International Finance: Asian stocks set for weekly gain amid choppy trade: markets wrap

While expectations that central banks will slow the pace of interest rate hikes helped a gauge of the region’s equities toward a third-straight week of gains, Hong Kong’s benchmark index fluctuated and Japanese stocks fell. Philippine stocks rose, putting the nation’s benchmark index on course to enter a bull market.

Japan’s Topix fell as the outlook for exporters dimmed with the yen’s recent surge. Sentiment was also damped by a slump in Fast Retailing’s shares after its profit missed estimates. Treasury yields rose slightly after dropping in the US session. Bond yields declined in Australia and New Zealand, tracking moves in US rates. Traders looked past initial disappointment with an in-line US consumer price index to focus on the idea that aggressive monetary policy may be gradually achieving its desired results.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

International Finance: Stocks extend gains in Asia amid inflation focus: markets wrapEquities climbed in Asia on Wednesday, extending an advance seen on Wall Street as traders bet that the upcoming US consumer price index will show further softening.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

International Finance: Asia stocks rise on US inflation bets; yen rallies: markets wrapAsian equities followed Wall Street higher on Thursday as wagers for a further softening of US inflation buoyed appetite for risk taking in global markets.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Namibia: Tampons Are Luxury Items, Says Finance MinistryTHE finance ministry said tampons are not exempt from sales tax because they are considered to be luxury items.
La source: allafrica - 🏆 1. / 99 Lire la suite »