Asia Stocks Look Muted Ahead of Central Bank Week: Markets Wrap

-- Asian stocks are poised for a mixed start into a week that includes policy decisions from the Bank of Japan and Federal Reserve that will likely set the near-term direction for global markets.Apple Without AI Looks More Like Coca-Cola Than High-Growth TechAustralian equity futures point to a slight loss early Monday while Japanese and Hong Kong contracts showed small gains. The S&P 500 Index fell 0.

“We expect the BOJ to point out that although there is still a high degree of uncertainty about the future, it is now in a situation where it can see the achievement of the price target and it could likely abolish negative rates and yield-curve-control policies,” Societe Generale economists including Jin Kenzaki wrote in a note to clients.

Bond traders, meanwhile, appear to have painfully surrendered to a higher-for-longer reality. Yields on policy sensitive two-year Treasuries have climbed 11 basis points this month to 4.73%, extending last month’s gain. Swaps traders are pricing about 71 basis points of rate cuts by year-end, down from 134 basis points at the start of the year, according to data compiled by Bloomberg.

Walmart is another low-price retailer that has announced store closures this week, with a handful of closures coming on the heels of Dollar Trees.These growth stocks have already proven their worth this year, but are solid investments for long-term holders as well. The post 2 No-Brainer Growth Stocks to Buy Now With $2,000 and Hold Long Term appeared first on The Motley Fool Canada.

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 for Mixed Open After US Holiday: Markets WrapAsian shares fell along with US equity futures as traders shrugged off a reduction in China’s mortgage reference rate to seek fresh buying catalysts.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Asia Stocks Set for Mixed Open After US Tech Slide: Markets WrapStocks in Asia were mixed as investors focused on China’s policy meeting after official announcements of an ambitious 5% growth target. Tech heavyweights drove Asian peers lower, ahead of Federal Reserve Chair Jerome Powell’s Congressional testimony.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Asia Stocks Eye Early Gains Into China Policy Week: Markets WrapAsia stocks are expected to see early gains as investors anticipate China's policy week. Meanwhile, the $1.5 trillion 'ESG' debt market is losing clients. US reactor fuel makers receive $2 billion in funding.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Small-Caps Lead Slump as Indian Stocks Turn Into Asia’s Laggards(Bloomberg) -- Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asia Stocks Primed for Cautious Open, Oil Surges: Markets WrapStocks gained as traders weighed the latest dovish comments from a European Central Bank policy maker, while are also awaiting further readings on US inflation for clues on the Federal Reserve’s interest-rate path.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Traders Look to Consumer Stocks for Clues on Where Fed Is HeadedWith the Federal Reserve prepared to meet this week and reveal their thinking about the path for interest rates, traders are looking to a key corner of the stock market for clues: shares of companies that make the stuff Americans buy.
Source: BNNBloomberg - 🏆 83. / 50 Read more »