News Formal

Asia Stocks Set for Small Gains; Currencies Steady: Markets Wrap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

(Bloomberg) -- Asian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.Most Read from BloombergMarkets Brace for Swings After High-Rates Mantra of Jackson HoleTrump Doesn’t Look So Invincible in Post-Debate PollsThree US Marines Killed After Osprey Crash in AustraliaChina Cuts Stock Trade Tax, Tightens IPOs to Boost

Most major currencies were little changed in early Asian trading, with the yen steadying after sliding to its weakest this year on Friday after the Fed chief’s remarks. Bank of Japan Governor Kazuo Ueda didn’t comment on foreign-exchange rates but said price growth remains slower than the central bank’s goal.

Equity futures for Japan, Hong Kong and Australia all pointed to small gains of less than 1% following the S&P 500’s 0.7% advance Friday, when it capped its best week since July. US equity futures opened higher Monday. While Treasuries were little changed during Powell’s long-awaited speech in Jackson Hole, Wyoming, yields pushed up after it concluded as the longer-for-higher rates message appeared to sink in. The yield on two-year bonds, which are highly sensitive to the Fed’s policy shifts, are comfortably above 5% while the rate on 10-year Treasuries fluctuated near 4.2%.Powell cautioned that the process of bringing inflation back to its target “still has a long way to go.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 47. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Asia Stocks Set for Small Gains; Currencies Steady: Markets WrapAsian stocks look poised to follow US equities with modest gains Monday after Jerome Powell said the Federal Reserve would “proceed carefully” on whether to raise interest rates again, while signaling policy will remain tighter for longer.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

US stocks close higher as traders brush off Powell's warnings of more potential rate hikes'It is the Fed's job to bring inflation down to our 2% goal, and we will do so,' Powell said at the Jackson Hole symposium Friday morning.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Egypt Stocks Hit Record High as Investors Seek Inflation OffsetEgypt’s benchmark stock index hit a record high, spurred by investors looking to hedge against surging inflation driven by a series of currency devaluations and the fallout from Russia’s invasion of Ukraine.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »