Equity futures for Hong Kong and Australia pointed to gains on Tuesday after the S&P 500 notched its first back-to-back advance in August. Most major currencies were little changed in early trading. The upcoming Japanese jobs report is expected to fit into the view of a central bank on hold.Expect the yen to weaken to levels last seen more than 30 years ago if the Bank of Japan sticks to its dovish stance, according to Goldman Sachs Group Inc.
“Investors want to see economic releases this week that suggest activity is slowing enough to keep further rate hikes at bay, but not too slow to indicate the economy is headed for a recession,” said Anthony Saglimbene, chief market strategist at Ameriprise.
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:
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.
Asia Stocks Set for Small Gains; Currencies Steady: Markets WrapAsian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap(Bloomberg) -- Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Technology stocks lead European shares higher; China-related stocks riseMarket News
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Stock market today: Wall Street gains ahead of busy week of closely-watched economic reportsNEW YORK (AP) — Stocks closed higher on Wall Street as markets shift their attention from the Federal Reserve to more corporate earnings and economic reports. The S&P 500 added 0.6% Monday.
Source: SooToday - 🏆 8. / 85 Read more »
Stocks open higher as inflation, jobs data looms: Stock market news todayStock futures were higher early Monday as markets continue to digest Powell's key speech from last week.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »