Asia stocks given pause by virus surge, geopolitics

FILE PHOTO: A visitor takes a photograph of a board displaying stock prices at the Australian Securities Exchange in Sydney, Australia March 6, 2017. REUTERS/Steven Saphore

It was enough to inject a note of caution into trading and Japan’s Nikkei eased 0.7%, after jumping almost 5% on Tuesday for its biggest daily gain in three months. The Trump administration was also reportedly preparing an up to $1 trillion infrastructure package, something that was initially promised more than three years ago.

Federal Reserve Chair Jerome Powell cautioned that output and employment would remain well short of their pre-pandemic levels for a long time, so there was a “reasonable probability” that more policy support would be needed. All the talk of recovery took some of the shine off sovereign bonds, with U.S. 30-year yields up at 1.53% having risen by the most in a month on Tuesday.

Where is the “surge” in Asia?

Please Retweet ❤️ We got 100,000 views two weeks. Thanks to everyone who watched our videos. We love you Please subscribe 🙏

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asian stocks, oil fall as second wave fears growAsian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment. I am afraid that the second pandemic wave also would be rise from the ground.
Source: Reuters - 🏆 2. / 97 Read more »

Asian stocks set to rise as drug trials, data push Wall Street higherAsian stocks were set to climb on Wednesday after another late Wall Street surge in response to upbeat trial results for a COVID-19 treatment and data showing U.S. consumers spent big in May. Hi guys, I hope you are well ... Special surprise ... Beautiful men's t-shirt with an exceptional price of $ 11.8 ... but wait, you can buy this t-shirt with a 35% discount for only $ 7.67. It will be a pleasure to buy with us Purchase link Don't worry about second wave of coronavirus. No one can deny that the fear on everyone’s minds can be expressed in two words: second wave... Understand it from virologists to get rid of anxiety As well the rise of poverty. Without date.
Source: Reuters - 🏆 2. / 97 Read more »