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

FILE PHOTO: Pedestrians walk past an electric monitor displaying the Japanese yen exchange rate against the U.S. dollar outside a brokerage in TokyoTOKYO - 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.

Traders rushed to rebuild easing bets after data earlier this month showed consumer price pressures mitigated in April, following a string of three months of upside surprises at the start of the year. Gold eased 0.2% to about $2,420 per ounce, after pushing to the cusp of $2,450 for the first time overnight.

Meanwhile, the standout performers of Monday continued their rise, as traders snapped up cryptocurrencies following a report that the SEC had abruptly asked exchanges that want to trade ether ETFs to update regulatory filings, boosting bets that approval could come this week.

Indonesia Berita Terbaru, Indonesia Berita utama

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

Stocks open lower ahead of Fed's rate decision on WednesdayUS stock market indexes (^DJI, ^IXIC, ^GSPC) open Tuesday's session lower as equities are listening closely to the Federal Reserve's interest rate decision...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Asian Stocks to Follow US Rally With Focus on CPI: Markets Wrap(Bloomberg) -- Stocks in Asia are poised to follow a big tech-led rally in US benchmarks, as investors look to key inflation data later Wednesday for clues...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »

Asian Stocks to Follow US Rally With Focus on CPI: Markets WrapStocks in Asia are poised to follow a big tech-led rally in US benchmarks, as investors look to key inflation data later Wednesday for clues on the Federal Reserve’s next steps.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »