MSCI’s index of Asian shares outside Japan fell 0.2% — on track for the index’s eight successive daily dropSingapore — Asian stock markets slipped for an eighth straight session on Wednesday, and the dollar loomed large as fresh hawkish comments from a Federal Reserve official kept investors cautious ahead of this week’s Jackson Hole Symposium.
MSCI’s index of Asian shares outside Japan fell 0.2% in morning trade, on track for the index’s eight successive daily drop, if sustained. Japan’s Nikkei fell 0.6%. US services and manufacturing surveys had disappointed on Tuesday and July new home sales fell to a 6½ year low. “It might be a bit early to be jumping that gun just yet ... if you start to give the market a little sop that it might get better in time, you might end up undermining your own approach.”Brent crude futures are hovering around $100 a barrel on signs of US demand and Saudi Arabia’s talk of supply cuts. The higher oil price helped prop up energy stocks in Australia.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: dailymaverick - 🏆 3. / 84 Read more »
Asian stocks fall again as Europe’s gas woes biteEnergy prices stoke fears of recession and push bond yields higher A great platform that can make everybody smile, for my first time hearing about making money online, I thought is fake buy when I try it I realise that is real so I won’t keep silent I need everyone to smile like me Andrew_01cassen
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: dailymaverick - 🏆 3. / 84 Read more »