Asian Stock Market: Fears of banking turmoil propels further downside, oil drops on steady PBOC

global banking meltdown. S&P500 futures generated significant gains in early Asia, however, fears of global banking turmoil activated sellers to trigger shorts. It seems that rallies are being capitalized as selling opportunities, which indicates a dismal market mood.

At the press time, Japan’s Nikkei225 tumbled 1.06%, ChinaA50 remained choppy, Hang Seng plunged 2.61%, and Nifty50 dropped 1.07%. Chinese equities remained sideways despite the interest rate decision announcement by the People’s Bank of China . The central bank kept the one-year and five-year Loan Prime Rate steady at 3.65% and 4.30% respectively. Contrary to the unchanged interest rate decision, the street was anticipating further expansion in the monetary policy stance.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market news: Resilient stocks notch weekly gains amid bank falloutUS stocks fall but close mostly higher for the week despite ongoing bank fallout These bozos don’t want to tell you that the banks are about to collapse Ah, the power of the stock market - banking crises? No problem!
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Stock Market Crash: Bank Closures Will Trigger 28% Sell-Off, RecessionA 27-year market vet warns that regional banks will be more reluctant to loan money to their communities in the wake of the Silicon Valley Bank closure — pulling forward a recession and causing stocks to crash as much as 29% This is great news! I'm sorry but if you are only 27 years old.... there is no way you can be a market expert or expert in literally anything else at this point. Someone that's been following the market for 30 years is an expert... not some 27-year-old
Fonte: BusinessInsider - 🏆 729. / 51 Consulte Mais informação »

Majority of Colorado hospital systems lost money in 2022 as costs surged, stock market tankedColorado hospitals as a whole remained financially healthy through the first two years of the pandemic, but their profit margins were slashed in half in 2022 as costs swelled, pushing the majority of the state’s hospital systems into the red by the fall. No sympathy. Why in the rocky mountain fuck should hospitals turn a profit? Healthcare must be a legal right for every American, and profit shouldn't enter into the equation. Medicare for all is the only civilized solution to this barbarity.
Fonte: denverpost - 🏆 13. / 72 Consulte Mais informação »

U.S. stock-market futures edge higher after historic deal to rescue Credit SuisseU.S. stock-index futures opened with modest gains Sunday evening as investors assessed a historic deal to rescue troubled Swiss lender Credit Suisse as... Until the next “rescue.” CS was a mess before this, but they are not the last bank with serious issues Thanks Yellen, keep on pumping that money in….and consolidating the banks on the backs of taxpayers guaranteeing their bad behavior.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »