Asian Stocks Look Steady as China Concerns Mount: Markets Wrap

-- Asian stocks were poised for a steady open Tuesday, with investors holding their nerve as concerns mount over China’s economic woes.Dense Cities With Low Emissions Suffer Most From Air Pollution, Study Finds

The slowdown in China has highlighted the urgency of fresh government stimulus, while inventories of key raw materials from steel to soybeans are piling up in the nation’s warehouses — evidence that economic activity remains too feeble to clear surpluses. Traders are pricing the US easing cycle will begin this month, with a roughly one-in-four chance of a 50 basis-point cut, according to data compiled by Bloomberg. The equity market rally could stall even if the Fed initiates a rate cut, JPMorgan Chase & Co. strategists cautioned, as any policy easing would be in response to slowing growth, while the seasonal trend for September would be another impediment, the team led by Mislav Matejka wrote in a note.

In commodities, oil fluctuated between small gains and losses on Monday as traders weigh a planned production increase from OPEC+ next month, economic headwinds in China and lower output in Libya.The euro was little changed at $1.1073How Rent Controls Are Deepening the Dutch Housing CrisisWhere Does Gray Television, Inc. Stand Among the Best Broadcasting Stocks to Buy?

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.

Stock market today: US stocks steady as countdown to Jackson Hole beginsInvestors are counting down to a speech by Jerome Powell at Jackson Hole that could reset rate-cut expectations.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Nvidia's subdued forecast dampens enthusiasm in AI chip stocks after steady rallyNvidia shares pared some losses in premarket trading on Thursday, shaking off an earlier decline as investors stayed confident about the chip giant's growth prospects despite a forecast that fell short of lofty expectations.
Source: CTVNews - 🏆 1. / 99 Read more »

Nvidia’s subdued forecast dampens enthusiasm in AI chip stocks after steady rallyInvestors’ high expectations lead to disappointment
Source: globeandmail - 🏆 5. / 92 Read more »

Stocks steady near record peaks as Nvidia earnings loomThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »

Stocks close higher in steady bounce back from sell-offStocks (^DJI, ^IXIC, ^GSPC) end Tuesday's session higher in a slow recovery from Monday's widespread sell-off. The S&P 500 and Nasdaq Composite both rose by ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Calm returns to Wall Street as U.S. stocks hold steady during early tradingTraders work on the floor at the New York Stock Exchange in New York, July 1, 2022.
Source: CBCNews - 🏆 2. / 99 Read more »