Asian Stock Market: Nikkei 225, ASX 200 cheer risk-on mood despite hawkish Fed bets – by anilpanchal7 Asia RiskAversion ForeignTrade China Nikkei
Aussie trade deal, data joins optimism surrounding Japan to underpin bullish bias.Softer China inflation data, hopes of firmer growth in Asia favor optimists.in the Asia-Pacific zone appears mostly firmer on Tuesday as traders cheer upbeat macros and hopes of cordial foreign trade relations in the region. While portraying the mood, the MSCI’s index of Asia-Pacific shares outside Japan prints mild gains to extend the previous day’s rebound from the lowest levels in a fortnight.
It should be noted that the end of the trade dispute between Australia and China over barley exports also seemed to have favored the equity traders in the Asia-Pacific bloc. On a broader front, fresh doubts on the US Federal Reserve’s capacity to stay hawkish, backed by downbeat comments from New York Fed John Williams and fears of recession spread by BlackRock, appear to favor the cautious optimism in the market. As a result, the S&P 500 Futures print mild gains around 4,143 at the latest while the US 10-year and two-year Treasury bond yields retreat to 3.40% and 3.97% by the press time.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
30 best global stock picks to buy now: How to beat the market, RBCRBC: Buy these 30 high-conviction stocks as they continue delivering market-beating returns in an up-and-down year
Read more »
Stock Market Today: What to WatchStock futures were little changed after Friday's jobs report. Follow the latest markets updates.
Read more »
5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day.
Read more »
Grantham: Stock market bubble crash only halfway over when Fed cuts ratesThe stock market's bubble bust will only be halfway over when the Fed starts cutting rates - and there will be much more pain ahead, legendary investor Jeremy Grantham says
Read more »
Rare bullish stock market indicator flashes for first time since 2019An incredibly rare bullish stock market indicator just flashed for the first time since 2019
Read more »
The Fed has so far saved the stock market from crashing after SVB: YardeniThe Fed has so far saved the stock market from crashing after SVB's implosion by injecting billions to backstop deposits, market veteran Ed Yardeni says
Read more »