Asian stocks were firm on Thursday while the dollar remained on the back foot amid lower U.S. Treasury yields after benign consumer inflation data overnight ...
TOKYO - Asian stocks were firm on Thursday while the dollar remained on the back foot amid lower U.S. Treasury yields after benign consumer inflation data overnight reinforced bets for the Federal Reserve to start cutting interest rates next month.
The 10-year Treasury yield ticked up slightly to 3.84% in Asian hours, after dipping to as low as 3.811% on Wednesday. Sterling remained depressed after soft UK inflation figures hinted at faster, deeper Bank of England rate cuts. The currency was flat at $1.2824 after sagging 0.3% on Wednesday. Dow Jones futures: The stock market rally slightly added to Tuesday's gains. Ferrari led new buys. Warren Buffett's Berkshire disclosed a stake in Ulta Beauty.Ernst & Young and KPMG have snapped up over half of PwC's corporate clients in China that have fled the market's leading accounting firm as it faces a regulatory probe, filings show.
The Cowboys and Giants reportedly pulled off a very rare interdivisional trade, which is hard to process
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Fed easing bets, carry trade unwind turn analysts bullish on Asian currenciesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Here’s What to Watch in Asian Markets After Fed Rate Decision(Bloomberg) -- Asian traders see a broadly positive day for stocks in the region, tracking gains on Wall Street, after Federal Reserve Chair Jerome Powell...
Read more »
Asian Stocks Eye Early Gains Into BOJ, Fed Week: Markets Wrap(Bloomberg) -- Asian stocks are poised to rise in early trading ahead of a week of key central bank decisions in Japan, US and UK, as well as some big tech...
Read more »
Oil slips, Asia stocks dip ahead of Fed, BOJOil traded near seven-week lows on Tuesday as a softening demand outlook weighed on commodities, while bond, currency and stock markets traded cautiously...
Read more »
Asia shares rebound, hoping for dovish Fed guidanceAsian shares bounced on Monday ahead of a week packed with earnings and a trio of central bank meetings that could see the United States and UK open the door...
Read more »
August jobs data may sway Fed's September plans: Fmr. Fed CEOInvestors are anticipating a potential Federal Reserve interest rate cut in September, though the future of monetary policy remains uncertain. Goldman Sachs ...
Read more »