Asia Stocks Look Set to Fall on Wall Street Losses: Markets Wrap

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 50%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

Asian equities look set to open lower following tech-led declines on Wall Street Friday as investors look ahead to a week that includes Federal Reserve and Bank of Japan meetings.

Futures contracts for Australia and Hong Kong both traded down, after a gauge of US-listed Chinese stocks slipped 0.7% in New York. Japanese markets are shut Monday for a national holiday with the central bank due to meet Friday.

Piles of derivatives contracts tied to stocks, index options and futures expired Friday — compelling traders to roll over their existing positions or to start new ones. This time, it coincided with the rebalancing of benchmark indexes including the S&P 500, another catalyst for more share transactions.

In Asia, distressed Chinese developer Country Garden Holdings Co. faces more tests Monday including a vote on stretching payment of a local bond by three years. Meanwhile, union workers at Chevron Corp.’s liquefied natural gas facilities in Western Australia continued rolling 24-hour stoppages for a second day, prolonging uncertainty over global supply of the fuel.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 83. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Wall St Week Ahead: Last Fed hike tends to aid stocks, but some have doubts this timeBy Lewis Krauskopf NEW YORK (Reuters) - The end of the Federal Reserve's rate hiking cycle has generally been a good time to own U.S. stocks, but an ...
مصدر: SaltWire Network - 🏆 45. / 63 اقرأ أكثر »

Airline stocks: Three factors impacting the industryA number of airlines including American (AAL), Spirit (SAVE), and Southwest (LUV) have warned about the impact of higher jet fuel costs. Third Bridge Global Sector Lead for Industrials Materials and Energy Peter McNally highlights three issues impacting the industry right now. The three issues McNally cites are the increase in international travel, costs, and capacity. Capacity has become an issue, he says, because now that suppliers are delivering planes, there are more seats, and that's putting 'downward pressure' on fares. 'Airlines have less pricing power now than they do at any point since the recovery began,' McNally adds.
مصدر: YahooFinanceCA - 🏆 47. / 63 اقرأ أكثر »

Last U.S. Federal Reserve hike tends to aid stocks, but some have doubts this timeAfter Federal Reserve raised borrowing costs by 525 basis points since March 2022, many investors believe that policy-makers are unlikely to raise rates any further
مصدر: globeandmail - 🏆 5. / 92 اقرأ أكثر »