Asian stocks declined on Wednesday, with a strong dollar keeping the yen, yuan, and euro near multi-month lows. Traders anticipate the Federal Reserve will likely delay rate cuts after data revealed the U.S. economy remained stable. The Dow Jones Industrial Average dipped 0.1%. On Wall Street, all three major indexes finished lower as the data fueled concerns about a resurgence in inflation. Rising bond yields are expected to burden tech stocks in Europe, following a five-month high on Tuesday.
Investor attention in 2025 has centered on shifting U.S. rate expectations, the widening policy divergence between the U.S. and other economies, and the threat of tariffs once President-elect Donald Trump assumes office on January 20. The Fed in December projected only two rate cuts for 2025, lower than the four previously anticipated. Markets currently predict even fewer cuts, at 38 basis points, with the first reduction fully priced in for July. Conversely, the European Central Bank is anticipated to implement substantial rate cuts, with traders anticipating 99 basis points of easing this year, despite December's acceleration in eurozone inflation. This has driven the euro close to its two-year low of $1.022475 reached last week. It last traded at $1.035375, with investors apprehensive that the single currency may drop to the crucial $1 mark this year due to tariff uncertainties. The yen was last at 158.12 per dollar after touching 158.425 on Tuesday, a level last observed in July when Tokyo intervened to bolster the yen. It depreciated by over 10% last year against the dollar and has had a challenging start to 2025. The Nikkei index plunged more than 1% to hit a three-month low on Wednesday, marking a stuttering start to the year that has seen regulators and authorities scramble to alleviate investor anxieties, so far without success. Tuesday's data showed U.S
Nederland Laatste Nieuws, Nederland Headlines
Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.
Asian Stocks Fall on Christmas DayDespite gains on Wall Street the day before, shares took a dip in Tokyo and Shanghai on Christmas Day.
Bron: ksatnews - 🏆 442. / 53 Lees verder »
Asian Markets Mixed as US Stocks Fall on Tech RoutGlobal markets showed mixed performance on Tuesday with Asian equities exhibiting a split trend while US stocks continued their downward slide primarily driven by a tech sector downturn.
Bron: ksatnews - 🏆 442. / 53 Lees verder »
Asian Markets Mixed as U.S. Stocks Fall for Third DayAsian markets showed mixed performance on Tuesday, while U.S. stocks continued their downward trend for a third consecutive day. Trading remained closed in Tokyo and Seoul for New Year's holidays. Australia's stock market experienced a decline, while Hong Kong's market saw a slight increase. China's Shanghai Composite Index dipped after manufacturing data indicated that Beijing's stimulus efforts have yet to fully revitalize the economy. U.S. stocks, marked by the S&P 500's 1.1% drop, are still projected to achieve their second consecutive yearly gain of over 20%.
Bron: AP - 🏆 728. / 51 Lees verder »
Asian Stocks Fall as China Manufacturing SlowsMost Asian stocks declined on Thursday, tracking a subdued year-end performance on Wall Street. Chinese stocks fell sharply after data showed a slower-than-expected rise in the country’s manufacturing activity.
Bron: Investingcom - 🏆 450. / 53 Lees verder »
Asian Stocks Fall at Start of 2025 Amid Rate Fears and Geopolitical TensionsMost Asian markets experienced a sluggish start to 2025, weighed down by concerns about persistent high U.S. interest rates and geopolitical uncertainties. Japanese stocks were particularly hard-hit, while South Korea bucked the trend with strong gains.
Bron: Investingcom - 🏆 450. / 53 Lees verder »
Stocks Fall After Strong Economic Data Spark Interest Rate FearsWall Street sees midday losses as positive economic data drives interest rate concerns.
Bron: CNBC - 🏆 12. / 72 Lees verder »