Asia Stocks Set to Fall as China Property in Focus: Markets Wrap

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 49 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 50%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Asian stocks are set to open lower Tuesday, as traders return their focus to China’s efforts to halt its economic malaise after markets in the US were shut for the US Labor Day holiday.

Futures in Japan and Australia point to shares easing on Tuesday, while Hong Kong’s Hang Seng index — which jumped more than 3% Monday before paring gains — is also set to fall. That comes after European shares failed to provide a strong lead for investors, with the Stoxx 600 gauge closing little-changed in low-volume trading after rising as much as 0.8% earlier.

China’s PMI composite and services data to be released Tuesday will provide further indications on whether Asia’s biggest economy is starting to emerge from its post-pandemic torpor. On Monday, Europe’s consumer, travel and leisure and mining shares — sectors with exposure to China — advanced. Danish drugmaker Novo Nordisk A/S rose to a new record high, having just become Europe’s most valuable firm. Carmaker Mercedes Benz Group AG added 1% after unveiling a new, longer-range electric vehicle.

Markets got a boost from a US jobs report on Friday that showed a steadily cooling labor market, offering the Federal Reserve room to pause rate increases this month. Some investors are convinced the Fed won’t hike rates further this cycle, bets that were reinforced after last week’s jobs data. At the same time, this year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 83. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

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

Asia Stocks Look Set to Advance Amid US Holiday: Markets WrapAsian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »

Asia Stocks Look Set to Advance Amid US Holiday: Markets Wrap(Bloomberg) -- Asian stocks looked set for modest gains as traders mulled US jobs data that supported optimism the Federal Reserve is nearing the end of its tightening cycle. US markets are shut Monday for the Labor Day holiday.Most Read from BloombergDiamond Prices Are in Free Fall in One Key Corner of the MarketMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadershipBurning Man Death Under Probe With Thousands Still StrandedTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted G
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock Market Rally Is Set to Weather Higher Bond Yields, Investors SayThis year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey.
Источник: BNNBloomberg - 🏆 83. / 50 Прочитайте больше »

Stock Market Rally Is Set to Weather Higher Bond Yields, Investors Say(Bloomberg) -- This year’s US stock market rally is strong enough to withstand another leg higher for bond yields, according to the latest Markets Live Pulse survey.Most Read from BloombergMercedes Bets on Range Boost in Swipe at Tesla’s EV LeadDiamond Prices Are in Free Fall in One Key Corner of the MarketZelenskiy Swaps Out Defense Minister in Wartime Cabinet ShakeupHuawei Teardown Shows Chip Breakthrough in Blow to US SanctionsWith the soft-landing narrative for the world’s biggest economy ga
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »