-- Asian bonds fell early Thursday, echoing selling pressure in Treasuries in the prior session that supported the dollar. Equities in the region were primed for a mixed open after a flat day on Wall Street.Trump Judge Indefinitely Postpones Documents Case Trial
“All of these ingredients create a perfect recipe for an excuse for investors to take a step back after the recent bounce and reassess things,” said strategists at Bespoke Investment Group. “Flows tell a story of limited enthusiasm with a trickle of new long positions and only marginal increase in risk appetite,” Montagu said.
“Despite the lack of good news on inflation, there is a silver lining for patient investors,” said Mark Hackett at Nationwide. “As the Federal Reserve extends the timeline for interest rate cuts, historical data shows that longer Fed pauses often correlate with better equity returns. This should give investors reasons to be optimistic.”
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he'll veto the effort if it hits his desk.These two stocks have had a long history of growth, and continue to be in demand during market volatility.
Athabasca Oil Announces 2024 First Quarter Results, Operational Momentum at Leismer and in the Duvernay, and Return of Capital Execution
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