Inflation worries temper Asian stocks rally

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Philippines News News

A report from the US later on Thursday will give direction on interest rate hikes

A pedestrian looks at an electronic stock board displaying the Nikkei 225 Stock Average outside a securities firm in Tokyo, Japan. Picture: BLOOMBERG/KIYOSHI OTA

Japan’s blue-chip Nikkei started the day almost 1% higher before beginning a steady slide that took it close to negative territory. It later rebounded to be 0.33% higher.MSCI’s broadest index of Asia-Pacific shares eked a 0.10% gain. US futures pointed lower though, indicating a 0.28% retreat for the Nasdaq and a 0.23% decline for the S&P .

A more hawkish tone from both the European Central Bank and the Fed last week caught markets off guard, sending yields soaring.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of _AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of _ambreymarcus1.

I have benefited from at least R40k a week with williamchurch09 through his recommended platform with my small investment. Don't spend all your money without investing. williamchurch09 is a life saver, join me and win also in with good hands

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:

 /  🏆 12. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

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

Worries around the prospects of big tech stocksICYMI: Today on the MoneywebNOW podcast with SimonBrown, TraderPetri takes a look at US markets. Old Mutual’s Andrew Dittberner talks US tech stocks. Gareth Elston from Reitway Global on the impact of inflation on Reit stocks. Download the podcast: TraderPetri When my business started experiencing a hard time and it was like there is no hope, then I met this genius and beautiful Vina_Redmon after partnering with her company platform I started having a nice turn around and positive change. TraderPetri Few month ago I was struggling to fend for my self and my kids ,at my last bus stop I decided to give Bitcoin trading a try ,through the help of _ambreymarcus1 I was able to earn R250,000 in 2 weeks thank you so much Mr _ambreymarcus1 .
Source: Moneyweb - 🏆 5. / 77 Read more »

JSE firmer on corporate earningsThe local bourse was stronger on Wednesday morning, while its global peers were mixed as investors await US inflation data this week I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent williamchurch09 guided me and help me make a living through bitcoin with my coinbase app, I recommend you to meet him now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »

Miners and banks propel South African stocks on record pathSouth African stocks headed for a record close as industrial metals producers led gains, while gold miners climbed thanks to haven demand for bullion and bank shares hit the highest since July 2019.
Source: BusinessTechSA - 🏆 24. / 61 Read more »