Asia open: A pause in the bond market rout

📆 4-4-2024 04:00:00
📰 FXStreetNews

⏱ Reading Time:
23 sec. here
2 min. at publisher
📊 Quality Score:
News: 13%
Publisher: 72%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Thursday brings a detente in the global bond market rout amid signs of stabilization on Wall Street and a modest dollar softening.

These factors are expected to lend a helping hand to Asian risk markets as investors shift their focus to U.S. Treasury Secretary Janet Yellen's visit to China. As investors eagerly await Friday's Non-Farm Payrolls report, policymakers are taking center stage. Federal Reserve Chair Jerome Powell reiterated on Wednesday that the Fed has the luxury of time to decide when to implement its first rate cut.

However, Powell's remarks did not exacerbate market concerns further. Additionally, ISM serviced data, where sticky inflation has been hanging out, indicated that price pressures in the sector eased significantly last month, toppling the dollar to its most significant decline in a month. These factors are expected to support Asian stocks on Thursday, allowing them to make up some ground from losses incurred in the previous trading session.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

Schrijf commentaar

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Stock market today: Asia markets are mixed after Wall Street's strong manufacturing dataAsian shares are mixed after Wall Street retreated as surprisingly strong U.S. manufacturing data cast doubts over how soon the Federal Reserve might cut interest rates.
Bron: wjxt4 - 🏆 246. / 63 Lees verder »