Asian Stocks Set for Steady Open Ahead of Powell: Markets Wrap

-- Asian stocks are poised for a mixed start as traders tread cautiously ahead of Jerome Powell’s testimony to Congress and the start of the US earnings season.Morgan Stanley’s Wilson Says a 10% Stock Market Correction Is ‘Highly Likely’Biden’s Biggest Donors Left Powerless to Sway Him to End Bid

“As earnings season kicks off this week, investors should be prepared to see some ‘choppiness,’ but the market will likely climb back up again once companies resume buybacks,” said Mark Hackett at Nationwide. In commodities, oil extended Monday’s decline as Hurricane Beryl looked less likely to pose major disruptions to crude infrastructure in Texas. Gold held Monday’s 1.4% loss in early trading.Jerome Powell delivers semi-annual testimony to the Senate Banking Committee, TuesdayChina PPI, CPI, WednesdayUS CPI, initial jobless claims, ThursdayCitigroup, JPMorgan and Wells Fargo’s earnings, FridayThe Japanese yen was little changed at 160.

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Asian Stocks Set to Fall, Yen Steady Ahead of BOJ: Markets WrapStocks in Asia are poised to fall in early Friday trading as a rally in US shares outside of AI-related names stalled. The yen was steady ahead of a Bank of Japan policy decision.
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Asian Stocks Set for Steady Open Ahead of Powell: Markets WrapAsian stocks are poised for a mixed start as traders tread cautiously ahead of Jerome Powell’s testimony to Congress and the start of the US earnings season.
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Yen Steady Ahead of BOJ, Asia Stocks Set to Fall: Markets Wrap(Bloomberg) -- Stocks in Asia are poised to fall Friday, while the yen traded in a narrow range as markets awaited the outcome of the Bank of Japan’s two-day...
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Asian Stocks Set to Slip Into CPI, Election Week: Markets Wrap(Bloomberg) -- Asian stocks are set to fall into a week that includes measures of inflation that will help guide bets on the outlook for global interest...
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Asian Stocks Set to Slip Into CPI, Election Week: Markets WrapAsian stocks are set to fall into a week that includes measures of inflation that will help guide bets on the outlook for global interest rates.
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Asian Stocks Set to Track US Lower, Yen in Focus: Markets Wrap(Bloomberg) -- Most Asian equity markets were poised to drop as US stocks fell amid signs of buyer fatigue after a rally to record highs. The yen was in...
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