Asian Stock Market: Tracks softer S&P500 Futures, yields as weak China data joins US default concerns

Sluggish Oil price, upbeat Wall Street fails to impress equity buyers ahead of debt ceiling talks.

Central bankers’ hesitance in promoting higher rates, scheduling of US debt ceiling talks favors cautious optimism. While portraying the mood, MSCI’s Index of Asia-Pacific shares outside Japan rises 0.60% intraday whereas Japan’s Nikkei 225 rise 0.80% amid Bank of Japan policymakers’ defense of the easy money policy. However, stocks from Australia, New Zealand and China print mild losses whereas those from India lack clear directions.improved as the White House announced a meeting between President Joe Biden and Republican House of Representatives Speaker Kevin McCarthy to overcome the looming US default.

It’s worth noting that the Reserve Bank of Australia’s latest monetary policy meeting minutes disappointed Australian traders as it cited easing inflation pressure and showed the policymakers’ concerns about the sluggish productivity growth.

Italia Ultime Notizie, Italia Notizie

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

Asian Stock Market: Solid Fed’s rate hike pause bets improve market sentiment, oil rebounds sharplyMarkets in the Asian domain are showing all-recovery strength as expectations for a pause in the policy-tightening spell by the Federal Reserve (Fed)
Fonte: FXStreetNews - 🏆 14. / 72 Leggi di più »

How K-Pop Is Inspiring a More Connected East Asian Market (Guest Column)When borders melt, business booms, writes Kenneth Kobori, CEO of SURF Music.
Fonte: billboard - 🏆 112. / 63 Leggi di più »

7 charts show stock market's secular bull rally is still alive and wellThese 7 charts show that the stock market's secular bull rally is still alive and well
Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »

CEO Pay Packages Fell Sharply in 2022 as the Stock Market SankThe annual WSJ analysis of compensation for CEOs in the S&P 500 reveals that the median pay held steady. But in a first, companies are also disclosing how much those pay packages rose or fell in the year.
Fonte: WSJ - 🏆 98. / 63 Leggi di più »

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

A stock-market milestone: Apple is now worth more than the entire Russell 2000The market capitalization of Apple Inc. has surpassed that of the entire Russell 2000 for two weeks, the longest stretch on record, according to Bloomberg data.
Fonte: MarketWatch - 🏆 3. / 97 Leggi di più »