Asian Stocks Set to Drop on Hawkish Fed Comments: Markets Wrap

-- Asian stocks are set to fall in early trading after US shares and Treasuries extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest rates will remain higher for longer.Equity futures in Australia, Japan, and Hong Kong all declined, while contracts in South Korea and mainland China rose.

In economic data, US jobless claims remained subdued, consistent with a healthy job market. Separately, the Philadelphia Fed factory index topped estimates. While existing-home sales fell, the pace was roughly in line with the median forecast of economists.

Elsewhere, oil remained broadly steady while gold advanced amid growing political risks and demand from central banks and Chinese consumers.Alphabet Inc. Chief Executive Officer Sundar Pichai announced changes to Google’s workplace teams structure, saying the moves will help the company develop artificial intelligence products and services faster and more efficiently

Las Vegas Sands Corp. said remodeling at an entertainment center and a hotel in Macau will crimp results this year Blackstone Inc. collected more fees from big retail funds and credit strategies during the first quarter, compensating for the slower pace of deal exits

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian Stocks Set For Mixed Open, US Hits New Highs: Markets WrapEquities in Asia headed for a mixed open Friday in a sign investors are rethinking the optimism that propelled the region’s shares higher in the prior session, as fresh signs of persistent inflation appeared in the US.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Asian Stocks Set For Mixed Open, US Hits New Highs: Markets Wrap(Bloomberg) -- Equities in Asia headed for a mixed open Friday in a sign investors are rethinking the optimism that propelled the region’s shares higher in...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Asian Stocks Set to Fall in Wake of Iran Attack: Markets Wrap(Bloomberg) -- Asian stocks are set to decline on Monday as traders grapple with ratcheting tensions in the Middle East after Iran’s unprecedented attack on ...
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Asian Stocks Set to Fall in Wake of Iran Attack: Markets WrapAsian stocks are set to decline on Monday as traders grapple with ratcheting tensions in the Middle East after Iran’s unprecedented attack on Israel at the weekend.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »

Asian Stocks Set to Rise on Strong US Jobs DataAsian stocks are expected to follow Wall Street higher after strong US jobs data indicates a robust economy. Mark Zuckerberg's wealth surpasses Elon Musk's for the first time since 2020. Treasury yields surge as traders reduce expectations of steep Federal Reserve rate cuts.
Fuente: YahooFinanceCA - 🏆 47. / 63 Leer más »

Asian Stocks Set For Gains, Eyes on Daily Yuan Fix: Markets WrapAsian stocks are set to follow Wall Street higher after Friday’s jobs print indicated a strong US economy. China reopens after a two-day holiday.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »