Asian stocks positive despite Wall Street worries

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Both the Nasdaq Composite and the S&P 500 dropped as worries over surging global inflation force central banks into aggressive rate hikes

Asian stocks opened mostly in positive territory on Wednesday even as global growth concerns and weak US economic data weighed on Wall Street overnight.

Hong Kong, Shanghai and China’s CSI300 indexes opened marginally higher, while Japan's Nikkei share average was down 0.18%. “The Fed’s problem right now is that plenty of soft indicators and surveys are pointing to a slowdown,” Steve Englander of Standard Chartered Bank said. “While hard data on activity and inflation do not suggest an imminent slowdown, it is hard to ignore a day when the S&P services PMI, new home sales, and Richmond Fed index all come in below the lowest expectation.”

Gold prices also held their ground at $1,865.39 an ounce, having risen to their highest in two weeks on Tuesday as the safe-haven metal's appeal was lifted by a weaker US dollar and lower treasury yields.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of Allison_Grillo I made a successful withdrawal of R 200,000 with the help of Allison_Grillo.

I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks dip after US futures slideMSCI’s index of Asia-Pacific shares slip in hesitant trading
Source: BDliveSA - 🏆 12. / 63 Read more »

Asian stocks shrug off Wall St weakness but growth concerns remain - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Asia stocks opened mostly in positive territory on Wednesday even as global growth concerns and weak US economic data weighed on Wall Street overnight.
Source: SABCNews - 🏆 37. / 51 Read more »

Asian stocks shrug off Wall St weakness but growth concerns remain - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Asia stocks opened mostly in positive territory on Wednesday even as global growth concerns and weak US economic data weighed on Wall Street overnight.
Source: SABCNews - 🏆 37. / 51 Read more »

Asian stocks dip after US futures slideMSCI’s index of Asia-Pacific shares slip in hesitant trading
Source: BDliveSA - 🏆 12. / 63 Read more »