Business Maverick: Stock rebound in Asia tempered by a firm dollar: markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 84%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

An Asian stock gauge rebounded on Thursday from the lowest level since 2020 but the move trailed a Wall Street rally as the dollar renewed its climb and crude oil edged higher.

as rate differentials with the rest of the world widen, pressuring the region’s stocks.

Australian yields slumped, with the three-year sinking as much as 23 basis points, after the nation’s central bank governorWhile oil has trimmed some of its retreat, this week’s swoon flags demand risks from a wave of monetary tightening and China’s Covid travails — the megacity of ChengduCentral banks are walking a tightrope, raising interest rates sharply to tackle inflation while remaining leery of sparking a damaging economic contraction in the process.

Fed officials reiterated their determination to get inflation under control. Vice Chair Lael Brainard said interest rates will need to rise to restrictive levels, while cautioning risks would become more two-sided in the future. Chair Jerome Powell is due to speak on Thursday.Monetary policy has tightened further with rate hikes in Canada and Australia this week.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Asian stocks fall on strong US economic data, struggling yuanMSCI’s broadest index of Asia-Pacific shares outside Japan dipped 1.6% and Japan’s benchmark Nikkei average was down 0.95%
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Asian stocks inch up on expected China stimulusMSCI’s gauge of Asia-Pacific stocks outside Japan slightly up Being the head of the home isn't easy, you are expected to provide for the home, I lost my job during the pandemic and relied on the little money I had,things were hard until I met JamesAlderson0 and started Bitcoin trading, I earned R800,000 in 3 weeks thanks JamesAlderson0
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Asian stocks extend rally; oil steadies at pre-invasion levels - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Asian stocks made broad gains on Thursday, extending an overnight global rally, while oil prices steadied at levels not seen since before Russia’s invasion of Ukraine. I’m gradually making more earnings now in my trades but with the aid of a trader that was recommended and now I'm recommending her to y'all EliDonovan01
Источник: SABCNews - 🏆 37. / 51 Прочитайте больше »