Futures for Japanese shares were flat and those for Australia declined slightly. Contracts for Hong Kong stocks also dipped while an index of US-listed Chinese companies rose on news that Washington and Beijing are forming working groups to discuss economic and financial issues.
Treasuries, which managed a modest rebound on Friday, will be in focus again this week, with Fed officials speaking at public events. Investors will also be watching the release of a key inflation gauge in the US, and assessing the likely impact of a possible US government shutdown. “It is far too early to say the markets have bottomed, as fundamentally nothing has changed,” Razaqzada noted.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
Stocks Flash Recession Warning as Trouble Spreads to IndustrialsUS small-cap and industrial stocks are dropping, typically signals of a recession, but in a year where equities have already beaten expectations some investors are dismissing the moves as little more than noise — for now.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Stocks Flash Recession Warning as Trouble Spreads to Industrials(Bloomberg) -- US small-cap and industrial stocks are dropping, typically signals of a recession, but in a year where equities have already beaten expectations some investors are dismissing the moves as little more than noise — for now.Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s A
Source: YahooFinanceCA - 🏆 47. / 63 Read more »