News Formal

Business Maverick: Asian stocks extend gains after US equities rally: markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 84%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Asian stocks extended a rally on Wednesday following the best two-day run for US equities in more than two years, as investors began to anticipate a slowing to central bank tightening that could jolt risk assets higher.

Hong Kong stocks jumped after a one-day break and Australian, Japanese and South Korean shares rose as improving risk sentiment dragged global equities from oversold levels. US and European stock futures inched lower after the S&P 500 jumped 3.1% on Tuesday and the Euro Stoxx 50 enjoyed its best day since March. Elon Musk revived his $44-billion bid for Twitter, which soared 22%.

A Fed official speaking on Tuesday indicated further tightening ahead for the US central bank, dousing hopes that peak interest rates may be near. “There are a lot more bonds for sale,” Gibbs said. “That pushes prices down and yields up. That would make bonds more attractive than equities and put more and more headwinds on equities.”

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 3. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Business Maverick: Stocks struggle, oil price jump saps sentiment: markets wrapStocks in Asia struggled to gain traction and US equity futures fluctuated as negative sentiment persisted in markets amid fear that global central banks will keep hiking rates until inflation is tamed, raising the risk of a recession.
Fonte: dailymaverick - 🏆 3. / 84 Leggi di più »