"Asia Stocks Brace for Middle East Turmoil and Central Bank Decisions"

1 min read
Source: Reuters
"Asia Stocks Brace for Middle East Turmoil and Central Bank Decisions"
Photo: Reuters
TL;DR Summary

Asian stock markets were mixed as concerns over Israel's push into Gaza and the upcoming central bank meetings in the US, UK, and Japan weighed on investor sentiment. The earnings season continues with Apple, Airbnb, McDonald's, Moderna, and Eli Lilly & Co among the companies reporting this week. The S&P 500 retreated into correction territory, and there is uncertainty about the Bank of Japan's yield curve control policy. The rise in US Treasury yields has convinced analysts that the Federal Reserve will keep rates unchanged. Job figures are expected to show solid growth in US payrolls, while the Bank of England is expected to stay on hold. Oil prices eased despite the Middle East tensions.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

3 min

vs 5 min read

Condensed

86%

813115 words

Want the full story? Read the original article

Read on Reuters