Business Maverick: Japan stocks lift dour Asian session; dollar firm: markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 84%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

The Asian stock market session was otherwise cautious on Friday while Treasuries were steady as investors assessed how far the Federal Reserve must jack up interest rates to ensure high inflation keeps cooling.

An Asia-Pacific share gauge rose less than 0.5%, propped up by a catch-up rally in Japan following a holiday there. China and Hong Kong struggled to make progress. US futures fluctuated after the S&P 500 and Nasdaq 100 dipped.

in July from a month earlier for the first time in over two years, adding to signs of cooling but still troubling inflation.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in SG

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 fall on Fed rate hike concernsInvestors remain unsure on how much the Federal Reserve will raise interest rate
Source: BDliveSA - 🏆 12. / 63 Read more »