div > div.group > p:first-child"> Futures pointed to a lower open for the Nikkei 225 in Japan. The Nikkei futures contract in Chicago was at 21,045, as compared to the benchmark index's last close at 21,627.34.
The inversion in the yield curve was described by one group of strategists as the"biggest development in financial markets for some time." An inverted yield curve occurs when short-term rates surpass their longer-term counterparts, putting a damper on bank lending profits. An inverted curve is also considered a recession indicator.
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:
That aged well
Why change the story, originally it said stocks set to rally
CC KHALIDTRADER
Buy bitcoin
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.
Asia stocks set to slip on US-China trade uncertaintyOvernight in U.S. markets, stocks were hit by a new wave of uncertainty on the U.S.-China trade front following a series of conflicting reports. Should crash with all the lies “Trade deal with china is going well.” X36. Americans wait until you see the numbers later come out about GDP. Somehow Trump & Republicans are ruining the Great Economy Obama left Trump for us. Early indicators are a sluggish GDP. A Red Flag Of upcoming Recession.
Source: CNBC - 🏆 12. / 72 Read more »
Deutsche merger moves brighten mood for European stocksEuropean stocks extended a recent run of gains on Monday as a flurry of dealmaki...
Source: Reuters - 🏆 2. / 97 Read more »
Stocks making the biggest moves midday: Facebook, Deutsche Bank, Lumber Liquidators & moreThese are the stocks posting the largest moves midday Monday. $FB - big move but not a great move. more of the same from Friday.
Source: CNBC - 🏆 12. / 72 Read more »
Golden Gate Ventures and South Korea's Hanwha planning a Southeast Asia investment fundGolden Gate Ventures and Hanwha Asset Management are looking to raise around $200 million in funds, according to a source familiar with the matter.
Source: CNBC - 🏆 12. / 72 Read more »