Asian Stocks to Join Global Rally, Treasuries Rise: Markets Wrap

-- Asian equities were set to join a global stock rally as bets the Federal Reserve will soon start cutting rates fueled a rush into riskier corners of the market.Trump Security Tightened on Iran Plot Intelligence, No Known Link to Rally ShootingEquity futures for Japan, Australia and Hong Kong all rallied Wednesday after US shares advanced to fresh highs, pushing global stocks to a new peak.Gains in the US were marked by a rotation into smaller stocks.

Treasuries rallied across the curve Tuesday. The 10-year yield fell seven basis points, while the policy-sensitive two-year yield fell by four. The dollar was little changed. The yen was steady early Wednesday after two daily declines against the greenback. Australian and New Zealand bonds rose early Wednesday.In Asia, economic data due for release includes exports for Singapore and a monetary decision in Indonesia. Markets are closed in India and Pakistan.

Bank of America Corp. gave a forecast for net interest income, its biggest source of revenue, that exceeded expectations. Morgan Stanley’s traders joined the party across Wall Street in the second quarter even as the firm’s larger wealth business fell short of expectations. Charles Schwab Corp. warned it will have to shrink itself in order to protect profits.

“The longer-term monthly chart on the Russell shows a better picture of its potential,” he noted. “We believe the Russell 2000 can trade back toward its all-time highs as mean reversion in relative strength highlights further bandwidth for the sector against this year’s leadership,” of big tech, he said.

‘We’re drowning in debt… but I drive a BMW’: Young couple has $628.5K debt but no realistic plan to manage it all

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Asian Stocks to Gain, Treasuries Rally Into US PCE: Markets Wrap(Bloomberg) -- Equities in Asia are set to rise after gains on Wall Street, while Treasuries rallied ahead of the Federal Reserve’s preferred inflation gauge...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Asian Stocks to Gain, Treasuries Rally Into US PCE: Markets WrapEquities in Asia are set to rise after gains on Wall Street, while Treasuries rallied ahead of the Federal Reserve’s preferred inflation gauge due Friday.
स्रोत: BNNBloomberg - 🏆 83. / 50 और पढो »

Stock market today: Asian stocks are mixed after US markets were closed for JuneteenthHONG KONG (AP) — Asian stocks were mixed in thin trading Thursday after U.S. markets were closed in observance of Juneteenth.
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: Asian stocks are mixed after Wall Street edges to more recordsHONG KONG (AP) — Asian stocks were mixed on Wednesday after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportHONG KONG (AP) — Asian stocks were mixed Friday, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall...
स्रोत: YahooFinanceCA - 🏆 47. / 63 और पढो »