News Formal

Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24

  • 📰 AP
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought.

“Moving forward, traders will scrutinize every piece of data from the US, with a particular emphasis on inflationary indicators, to gauge the potential for prolonged high rates,” Anderson Alves of ActivTrades said in a commentary.

New Zealand’s benchmark stock index fell less than 0.1%. Figures released Thursday by Statistics New Zealand indicated the economy expanded at a 3.2% annual pace in the April-June quarter. In quarterly terms, GDP rose by 0.9% . Finance Minister Grant Robertson said the economy was turning a corner and growing at twice the rate predicted by economists.

Fed officials suggested they may cut rates in 2024 by only half a percentage point from where they’re expected to end this year. That’s less than the full percentage point of cuts they were penciling in as of June. The two-year Treasury yield, which more closely tracks expectations for Fed action, jumped to 5.18% from 5.04% shortly before the Fed’s announcement.

 

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。
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:

 /  🏆 728. in JP

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。

Asian Stock Market: Trades lower ahead of Fed rate decision, PBOC's status-quoAsian stock markets trade lower on Wednesday as investors await the highly-anticipated Federal Reserve interest rate meeting. At press time, China’s S
ソース: FXStreetNews - 🏆 14. / 72 続きを読む »

Stock market today: Asian shares decline ahead of Fed decision on ratesAsian shares are mostly lower as markets await a decision by the Federal Reserve on interest rates. Trade data for Japan showed exports fell 0.8% last month from a year earlier, marking a second straight month of declines.
ソース: AP - 🏆 728. / 51 続きを読む »

Asian Stock Market: Trades in negative territory amid Fed’s hawkish stanceAsian stocks trade lower on Thursday amid the higher-for-longer interest rate narrative in the US following the Federal Reserve (Fed) meeting. At pres
ソース: FXStreetNews - 🏆 14. / 72 続きを読む »