By Stella Qiu SYDNEY (Reuters) - Asian shares fell and the dollar was firm on Monday as investors looked ahead to a week packed with central bank ...
By Stella Qiu SYDNEY - Asian shares started cautiously on Monday in a week packed with central bank meetings that include the Federal Reserve and the Bank of Japan, which will be closelyaFrite Restaurant's Fight for Survival: little Halifax versus Halifax's little Toronto | SaltWireSYDNEY - Asian shares fell and the dollar was firm on Monday as investors looked ahead to a week packed with central bank meetings including the Federal Reserve and the Bank of Japan, which will be closely...
"Despite the encouraging sign of stabilization, the property market continues to be the missing puzzle piece in the economic picture," said Tommy Xie, head of Greater China Research at OCBC Bank. Markets are fully priced for a pause from the Fed on Wednesday, so the focus will be on the updated economic and rates projections, as well as what Chair Jerome Powell says about the future. They see about 80 basis points of cuts next year.
Weston added that if the Fed revises up the rate projections for 2024, that would see rate cuts being priced out, resulting in renewed interests in the U.S. dollar and downward pressure on global shares. Last Friday, Wall Street ended sharply lower as U.S. industrial labour action weighed on auto shares. Rising Treasury yields also pressured Amazon and other megacap growth companies.
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.
Asian markets off to a slow start in central bank packed weekBy Stella Qiu SYDNEY (Reuters) - Asian shares started cautiously on Monday in a week packed with central bank meetings that include the Federal Reserve ...
Read more »
SENIOR BASEBALL: Sydney Sooners, Kentville Wildcats playoff series moved to next weekSYDNEY, N.S. - As expected, Hurricane Lee has forced the Nova Scotia Senior Baseball League to push back the start of its semifinal playoff series. The ...
Read more »
Soccer-Spending spree ensures Asian Champions League spotlight falls on Saudi clubsBy Michael Church HONG KONG (Reuters) - Five times UEFA Champions League winner Cristiano Ronaldo will begin his quest to add another continental title ...
Read more »
Sydney Sweeney Celebrates 26th Birthday With Star Studded ’80s Themed PartyHappy birthday to Sydney Sweeney! The 'Euphoria' star, who turned 26 on Sept. 12, celebrated her special day in style over the weekend. [readmore label='READ MORE: ' link='https://etcanada.com/news/1018182/lili-reinhart-and-sydney-sweeney-shut-down-feud-rumours-in-venice/' /] The star-studded bash was attended by Sweeney's famous friends, including Nicola Peltz Beckham, Anitta and Camila Mendes. [caption id='attachment_1021605' align='alignnone' width='405'] Photo: Instagram/Anitta[/caption] [caption id='attachment_1021606' align='alignnone'…
Read more »
IN PHOTO: Terry Fox Run rolls through misty weather in SydneySteve MacNeil, right, raises his hands as he nears the end of the finish line during the Terry Fox Run in Sydney on Sunday. MacNeil has participated in ...
Read more »
IN PHOTO: Terry Fox Run rolls through misty weather in SydneySteve MacNeil, right, raises his hands as he nears the end of the finish line during the Terry Fox Run in Sydney on Sunday. MacNeil has participated in ...
Read more »