Recession fears set stocks on course for weekly drop

📆 21/04/2023 07:05:00
📰 Reuters

⏱ Reading Time:
28 sec. here
2 min. at publisher
📊 Quality Score:
News: 15%
Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Asian stocks slid toward their worst week in a month-and-a-half on Friday and oil nursed losses, while bonds enjoyed their best bid in weeks as U.S. data and earnings showed signs of weakness.

Corporate governance in Japan has, and seems to be rousing the world's third-largest stock market out of decades of lethargy.

"If you're buying value in Japan, if I'm looking at and just buy the cheap P/E names, that’s it, you’ve outperformed the market."above the central bank's target in March, data showed on Friday, keeping alive market bets that the Bank of Japan could phase out its policy of enormous bond buying to pin down government bond yields.

"It looks like market participants have taken positions in preparation for policy changes ahead of the meeting," said Nomura strategist Naka Matsuzawa, though he expects no change.

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:

Write Comment

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian Stock Market: Grinds lower amid fresh fears from China, Fed, Oil eases on DXY reboundAsian Stock Market: Grinds lower amid fresh fears from China, Fed, Oil eases on DXY rebound – by anilpanchal7 Asia China Fed RiskAppetite Equities
Source: FXStreetNews - 🏆 14. / 72 Read more »

Stock market today: Asian trading mixed ahead of earningsAsian shares were mixed Wednesday, as investors took a wait-and-see stance ahead of earnings reports and possible moves by central banks.
Source: wjxt4 - 🏆 246. / 63 Read more »