Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
Thailand's economy grew at a slower pace in the second quarter due to weak exports and slower investment, prompting the government to lower its 2023 growth forecast, while the central bank may not raise rates again amidst faltering economic recovery and low inflation.
Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
Asian stocks rise as traders await signals on interest rate plans from the Federal Reserve conference, with hopes that further rate hikes will be ruled out but concerns about inflation persisting.
Global stock markets and Wall Street futures are rising as traders await signals on interest rate plans from the Federal Reserve conference, with investors hoping that the Fed officials will signal an end to interest rate hikes despite concerns about inflation not being fully under control yet.
Asian currencies slightly rose as U.S. yields increased, prompting Thailand's and China's central banks to stabilize their currencies, while the Philippines' central bank stated it may intervene to support its currency; additionally, traders are anticipating the U.S. Federal Reserve's symposium in Jackson Hole, Wyoming.
Summary: U.S. markets end mixed with Nasdaq up over 1% due to the surge in technology stocks, Asian markets show positive gains with Japan's Nikkei 225 rising 1.05%, and European markets are higher as the tech sector gains ahead of the U.S. Federal Reserve's Jackson Hole gathering, while crude oil prices decrease slightly.
Gold prices in Asia rose after the recent decline in bond markets, as lower yields boosted demand for the precious metal, while investors await more information on the US Federal Reserve's policy stance at the Jackson Hole symposium this week.
Asian markets will be influenced by economic indicators, policy steps, and diplomatic signals from China, as well as reacting to the Jackson Hole speeches, purchasing managers index reports, GDP data, and inflation figures throughout the week, with investors desperate for signs of economic improvement as China's industrial profits continue to slump and authorities take measures to stimulate the capital market.
Asia-Pacific markets are expected to rise, following Wall Street's positive performance, with Japan's Nikkei 225 leading gains, and airline stocks outperforming.
Asia-Pacific markets set to rise following tech rally on Wall Street, Australian inflation numbers anticipated, and the U.S. dollar reaches its highest level against the yen in 2023.
Shares in Asia are set to rise as US economic reports indicate slowing growth and the possibility of a more cautious approach by the Federal Reserve, with investors adopting a "bad news is good news" strategy.
Asian stock markets mostly lower as Japanese factory activity and Chinese service industry growth weaken, while Wall Street's benchmark S&P 500 rises on hopes that economic data will convince the Federal Reserve that inflation is under control.
Asia-Pacific markets are expected to have a mixed start to the week as investors await key data from Australia and China, while in the US, the unemployment rate rose to 3.8% in August and traders are betting that the Federal Reserve may not raise rates further this year. Additionally, the highly anticipated IPO of Softbank-backed Arm is expected to arrive later in the month.
Asia stock markets are softer ahead of U.S inflation data, with investors looking for signals about the Federal Reserve's next moves on interest rates.
Stock prices in Asia were mostly higher as investors awaited updates on U.S. inflation and China's economic data, while concerns about rising oil prices and possible higher interest rates weighed on markets.
Asia-Pacific markets rise despite higher-than-expected inflation in the US, while Australia's S&P/ASX 200 increases as August unemployment numbers match forecasts.
Asia-Pacific markets slipped as investors await central bank decisions, including the U.S. Federal Reserve's announcement on Thursday and the Bank of Japan's meeting on Friday, while Australia's central bank will release its policy meeting minutes on Tuesday and China's central bank is set to release loan prime rate decisions on Friday.
Asia-Pacific markets are expected to continue declining as investors wait for China's loan prime rates and the U.S. Federal Reserve's rate decision, while oil prices rise due to supply concerns and all 11 sectors in the S&P 500 trade down.
Asian markets will be influenced by three monetary policy decisions in Asia and the Bank of England's decision on interest rates, as investors react to the Federal Reserve's policy decision and revised forecasts.
Asia-Pacific markets fell after the U.S. Federal Reserve projected a rate hike, while New Zealand's GDP exceeded expectations, Hybe shares slid despite BTS contract renewals, and analysts identified Chinese internet stocks with potential. Also, the Fed left rates unchanged but expects one more hike this year, Cathie Wood praised an AI company, analysts favored small-cap stocks, and interest rate markets signaled a delay in future rate cuts.
Equity markets in Asia are expected to face selling pressure due to worsening risk sentiment and concerns about higher interest rates signaled by the Federal Reserve, leading to declines in U.S. stocks and a fall in futures for benchmarks in Australia and Japan.
