Asian Stocks Eye Early Gains Into BOJ, Fed Week: Markets Wrap

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 51 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 63%

Bank Of Japan Новости

Japan,Bloomberg News,Bloomberg

(Bloomberg) -- Asian stocks are poised to rise in early trading ahead of a week of key central bank decisions in Japan, US and UK, as well as some big tech...

-- Asian stocks are poised to rise in early trading ahead of a week of key central bank decisions in Japan, US and UK, as well as some big tech earnings releases. The dollar and yen were steady.Equity futures in Australia, Japan and Hong Kong point to early gains after US stocks surged Friday amid bets that looming Federal Reserve rate cuts will help fuel corporate earnings. US equity contracts rose in early trading on Monday, while a Bloomberg gauge of the dollar’s strength was little changed.

US Treasuries rallied on Friday, and every major group in the S&P 500 rose, as the rotation into economically sensitive shares gathered pace after data reinforced views the Fed is on the cusp of cutting interest rates. Its preferred measure of underlying inflation — the core personal consumption expenditures price index — notched a tame pace in June and spending remained healthy.

Just hours before the Fed’s decision, the Bank of Japan is expected to release details of plans to cut monthly bond purchases at the conclusion of its two-day policy meeting on Wednesday, while most economists also see the risk of a rate hike. The yen climbed 2.

Elsewhere in Asia, Chinese factory activity data is due this week, providing further insight into a surprise People’s Bank of China rate cut to boost a flailing economy. Australian inflation data will also be keenly awaited as investors and analysts debate whether the nation’s central bank will hike its key rate as early as next week.

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

 /  🏆 47. 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

Stock market today: Asian stocks mixed with volatile yen after Wall Street rises on inflation reportHONG KONG (AP) — Asian stocks were mixed Friday, with the Japanese yen losing some of its gains after the latest U.S. update on inflation bolstered Wall...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Stock market today: Asian stocks mostly fall, Euro drop on French election outcomeHONG KONG (AP) — Asian stocks mostly fell Monday, with the Euro dropping on the shock French election outcome, while U.S. stocks rose to more records Friday ...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Yen steady, Asian stocks weak as wild week winds downThe yen stabilized near a 12-week high against the dollar on Friday while Asia-Pacific equity markets remained on the back foot a day after their worst...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Cryptos consolidate, stocks slide as Big Tech disappoints, investors eye GDP and PCE reportsThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Источник: KitcoNewsNOW - 🏆 13. / 78 Прочитайте больше »

Asian stocks meander after US tech earns disappoint; yen firmsAsian stocks were subdued on Wednesday after lacklustre earnings from U.S. tech behemoths Tesla and Alphabet dented sentiment, while the yen hit a six-week...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »

Asian Stocks in Tight Range After Big Tech Results: Markets Wrap(Bloomberg) -- Most Asian stocks traded in narrow ranges following losses on Wall Street after an unimpressive start to the earnings reports from the...
Источник: YahooFinanceCA - 🏆 47. / 63 Прочитайте больше »