Asian stocks sluggish before more rate cues; Chinese markets gain

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Asian stocks sluggish before more rate cues; Chinese markets gain

Investing.com-- Most Asian stocks moved in a flat-to-low range on Thursday amid a dearth of direct trading cues and as markets awaited more comments from Federal Reserve officials and key U.S. inflation data in the coming days.

Regional markets took few cues from a middling overnight close on Wall Street, as a string of Fed officials warned that interest rates will remain higher for longer. U.S. stock index futures were flat in Asian trade.indexes rose about 0.5% each on Thursday, sticking close to recent six and seven-month highs after an extended rebound over the past three months.

 

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:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines