LONDON, May 17 - Global stocks eased on Friday after Federal Reserve officials hinted U.S. interest rates may not fall any time soon, while commodities rallied on the back of optimism over a series of measures in China to stabilise its beleaguered property sector.
Traders expect roughly two quarter-point cuts from the Fed this year, with November being the most likely starting point. Monetary policy is"restrictive" and"is in a good place," Federal Reserve Bank of New York President John Williams said."I don't see any indicators now telling me ... there's a reason to change the stance of monetary policy now."
Shanghai's CSI 300 , opens new tab ended up 1%, while Hong Kong's Hang Seng Index , opens new tab hit its highest since August 2022, up 0.9%. The Japanese currency has fallen around 9.5% this year as the Bank of Japan has kept monetary policy loose while higher U.S. rates have drawn money towards U.S. bonds and the dollar.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Fad stocks vs. trend stocks: ExplainedAre you considering venturing into the stock market? You may want to be cautious about fad and trend stock investments. Fad stocks are often characterized by...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Stock market today: Asian shares are mixed as China stocks get bump from new property measuresAsian shares were mixed on Friday, with Chinese stocks reversing earlier losses following the announcement of fresh measures to revive the ailing property...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Foreigners Sell Indian Stocks on Election Risks, China AppealIndian stocks are set for the biggest monthly outflow in nearly a year as election uncertainties and high valuations prompt some funds to shift to cheaper alternatives like Chinese equities.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »
Michael Burry Boosts Bets on China Big Tech as Stocks Rebound(Bloomberg) -- Michael Burry’s investment firm doubled down on its bets on JD.com Inc and Alibaba Group Holding Ltd. in the first quarter as Chinese equities...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »
Michael Burry Boosts Bets on China Big Tech as Stocks ReboundMichael Burry’s investment firm doubled down on its bets on JD.com Inc and Alibaba Group Holding Ltd. in the first quarter as Chinese equities bottomed out.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »
China Property Stocks Gauge Jumps on Proposal for Home Purchases(Bloomberg) -- The shares of Chinese developers jumped on optimism that Beijing will provide policy support for the purchase of unsold homes from distressed ...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »