Asian Stocks Rebound After Upbeat US Economic Data: Markets Wrap

-- Asian stocks closed in on a fourth month of gains, lifted by hopes of a soft landing for the US economy and the prospect of lower interest rates.Equities in Australia, Hong Kong and Japan rose, as did US futures, as traders awaited publication of the Federal Reserve’s preferred inflation gauge later in the day. Shares in China also advanced.

“The US economy looks like it’s moving from very strong to strong,” said Thomas Taw, BlackRock’s head of APAC investment strategy, told Bloomberg TV. “The data will continue to weaken, but you kind of have to marry that off with how much is inflation going to weaken in the US.” In commodities, oil steadied after jumping on Thursday on positive US economic data and worsening supply disruptions in Libya. Gold held near a record high.The euro was unchanged at $1.1077The yield on 10-year Treasuries was little changed at 3.86%Spot gold fell 0.1% to $2,517.

It is hard to get excited after looking at MyTech Group Berhad's recent performance, when its stock has...College football has the best sense of humor of any sport, really. Consider a team like Bowling Green, which went 7-6 last year and lost the Quick Lane Bowl for the second consecutive year. You know the team just couldn't wait to get back on the field and show how much…

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Bitcoin Bounces Back Above $60,000 as Asian Stocks Rebound(Bloomberg) -- Bitcoin continued to rally in tandem with a rebound in Asian equities on Friday after a bruising selloff. Most Read from BloombergHow a Tiny...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Asian Stocks Rebound From Worst Rout Since 2008, Led by Japan(Bloomberg) -- Asian equities rose, helped by bargain hunting after concerns over a hard landing in the US drove a regional benchmark to its worst single-day...
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Nvidia stock surges as chip stocks lead market reboundNvidia shares rallied Thursday with the broader markets after an attempted rebound
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stock market news today: US stocks rally at open as rebound set to continueStocks rose on Wednesday as investors looked to build on Tuesday's trading session that snapped a 3-day losing streak.
출처: YahooFinanceCA - 🏆 47. / 63 더 많은 것을 읽으십시오 »

Stocks Rebound on Nvidia’s ‘Pretty Good’ Results: Markets WrapStocks in Asia are poised to track their US peers lower on Thursday after underwhelming earnings from Nvidia Corp. dampened the outlook for tech stocks.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »

Tech stocks, China drag down emerging markets as rebound stallsEmerging-market stocks headed for the biggest drop since the Aug. 5 global slump as China’s economic woes and approaching risks including the U.S. Federal Reserve’s Jackson Hole conference and earnings from Nvidia Corp. left investors cautious.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »