Asia: Stocks retreat, treasuries edge higher

"We remain concerned about the potential for the pandemic to have lasting effects on growth," wrote Ron Temple, co-head of multi-asset and head of US equity at Lazard Asset Management.

"Countries and companies are likely to exit the crisis with significantly higher debt, curtailing their ability to invest and innovate." Elsewhere, oil swung around US$24 a barrel as investors weighed small signs of recovering demand against a huge glut that's testing global storage capacity limits.Friday brings the US jobs report for April, expected to show a severe impact from the pandemic. The median forecast in a Bloomberg survey of economists calls for a 21 million plunge in payrolls.Futures on the S&P 500 Index added 0.3 per cent as of 10:42am in Tokyo. The index fell 0.7 per cent on Wednesday.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asian stocks, oil boosted by moves to loosen lockdownsA late Wall Street rally is expected to lead Asian stocks higher on Tuesday after tech shares and oil rose on easing coronavirus restrictions and ...
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »

Asia: Stocks enjoy further gains as virus restrictions are eased[HONG KONG] Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and as countries begin to slowly open up from lockdown. Read more at The Business Times.
Sumber: BusinessTimes - 🏆 15. / 51 Baca lebih lajut »

Oil, stocks poised to gain in Asia on economic growth hopesGlobal stocks and crude prices were set to extend gains in Asia on Wednesday on confidence that government steps to restart economies will bring ...
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »

Asia stocks set to track soft Wall Street lead amid pandemic worriesAsian stocks were set to come under pressure on Thursday as downbeat economic data pushed investors to safe havens and growing worries about ...
Sumber: ChannelNewsAsia - 🏆 6. / 66 Baca lebih lajut »