Stocks inch lower, dollar firm as Fed focus intensifies; crypto soars

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 66%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

TOKYO : Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.

FILE PHOTO: Pedestrians walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in Tokyo, Japan March 28, 2024. REUTERS/Kim Kyung-Hoon/File PhotoTOKYO : Asian stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve's latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.

Cryptocurrencies ether and bitcoin climbed to new six-week highs amid speculation that the U.S. Securities and Exchange Commission may approve a spot ether exchange-traded fund . Even so, Fed officials are reluctant to declare inflation is coming under control, with Vice Chair Philip Jefferson saying on Monday that it was too early to tell if the slowdown is"long lasting," and Vice Chair Michael Barr saying restrictive policy needs more time.

Nasdaq futures inched 0.1 per cent lower after the cash index climbed 0.65 per cent overnight to close at an all-time high. S&P 500 futures were flat after Monday's 0.1 per cent gain. Gold eased 0.2 per cent to about $2,420 per ounce, after pushing to the cusp of $2,450 for the first time overnight. Brent crude futures declined 12 cents, or 0.1 per cent, to $83.34 a barrel, while U.S. West Texas Intermediate crude eased 8 cents, or 0.1 per cent, to $79.72 a barrel.

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 6. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

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

APAC dubbed “most profitable region for fintech” with 1200% growth in Asian fintech stocks since 2000The APAC region has outshone other regions with a 1216% increase in its fintech index, according to analysts.
Sumber: IndependentSG - 🏆 2. / 72 Baca lebih lajut »

Singapore stocks started on a lower note on Monday—STI slipped 0.1%Straits Times Index (STI) took a slight dip of 0.1%, or 3.05 points, to 3,287.65
Sumber: IndependentSG - 🏆 2. / 72 Baca lebih lajut »

Singapore stocks started lower on Wednesday—STI dropped by 0.4%Straits Times Index (STI) dropped by 0.4% to 3,287.81
Sumber: IndependentSG - 🏆 9. / 63 Baca lebih lajut »