News Formal

Asia Stocks Fall as China Property Back in Focus: Markets Wrap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

(Bloomberg) -- Asian stocks edged lower as traders returned their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.Most Read from BloombergHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketStocks Cede China-Led Gains in Thin Holiday Trade: Markets WrapStocks opened lower in South Korea after inflati

Stocks opened lower in South Korea after inflation accelerated much faster than estimates in August on the back of higher energy costs, reinforcing the case for the central bank to keep the door open to further policy tightening to rein in prices.

“With inflation expectations still elevated, the central bank is likely to maintain a hawkish bias — and keep it through the second half of 2023,” according to James McIntyre at Bloomberg Economics. “We see the RBA starting to cut rates in the first quarter of 2024.” Traders will be monitoring if Hong Kong and mainland China stock markets will be able to sustain Monday’s advances. The country’s beleaguered property sector is getting a boost from the announcement that down-payment thresholds across the nation would be lowered, with Shanghai and Beijing seen as benefiting the most.

The dollar steadied, while Treasuries slightly lower across tenors as cash trading resumed. Australian bonds also fell ahead of the central bank’s meeting, with yield on the three-year rising two basis points and that on the 10-year up three basis points.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Asia Stocks Set to Fall as China Property in Focus: Markets WrapAsian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.
ソース: BNNBloomberg - 🏆 83. / 50 続きを読む »

Asia Stocks Look Set to Advance Amid US Holiday: Markets WrapAsian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.
ソース: BNNBloomberg - 🏆 83. / 50 続きを読む »

Asia Stocks Look Set to Advance Amid US Holiday: Markets Wrap(Bloomberg) -- Asian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted G
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »