Asia stocks cautious before Fed, oil on defensive

TOKYO - Investor caution ahead of the Federal Reserve’s interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.

The Fed, facing fresh demands by U.S. President Donald Trump to cut interest rates, begins a two-day meeting later on Tuesday. The central bank is expected to leave borrowing costs unchanged this time but possibly lay the groundwork for a rate cut later this year. Focus is now on how close the Fed could be to cutting interest rates amid the raging U.S.-China trade war, signs of the economy losing steam and pressure by President Trump to ease policy.

U.S. Treasury yields dipped on Monday after the New York Fed’s “Empire” gauge of business growth in the state showed a fall this month to its weakest in more than 2-1/2-years, fanning rate cut expectations. The central bank cut rates to a record low of 1.25% at its meeting earlier this month, to support the slowing economy.

ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว

Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้

Stocks in Asia Pacific trade lower as investors await Fed meetingStocks in Asia traded lower on Monday as investors await a U.S. Federal Reserve meeting set to happen later in the week stateside. หล่อๆ🚃🚃🚃🚃🚃🚃🚃🚃
แหล่ง: CNBC - 🏆 12. / 72 อ่านเพิ่มเติม »

Social-media stocks, telecom shares lead stock market to narrow win ahead of Fed meetingU.S. stocks eked out modest to slight gains on Monday, powered by a climb in shares of technology-related and communication services shares. The Dow Jones...
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »

The Fed may break a lot of stock-market investors’ hearts next weekClamoring for a rate cut by the Federal Reserve at some point this year is running high, but the Fed may not comply. which really isn't anything new for Jerome... Conflicting msgs
แหล่ง: MarketWatch - 🏆 3. / 97 อ่านเพิ่มเติม »