tldrdaily.news logo
Tag

Asianstocks

All articles tagged with #asianstocks

finance1 year ago

Asian Markets Slide Following Underwhelming Nvidia Earnings

Asian stocks fell due to Nvidia's disappointing revenue forecast and geopolitical tensions, particularly the Russia-Ukraine conflict. Nvidia's earnings outlook affected its suppliers and global markets, while Indian stocks were hit by charges against Gautam Adani for alleged bribery. Bitcoin reached a record high, and Taiwan Semiconductor and SK Hynix shares dropped. Meanwhile, Japan plans a $140 billion stimulus package, and Starbucks is considering selling a stake in its Chinese operations.

via Yahoo Finance|
#adanigroup#asianstocks#cryptocurrency
finance-and-business2 years ago

"Global Markets Await US Payrolls, Trade Mixed Amid Fed Rate Speculation"

Asian stocks showed limited movement as investors awaited the release of U.S. nonfarm payrolls data for potential signals on future interest rate cuts by the Federal Reserve. The week saw overall losses in Asian markets, influenced by profit-taking and skepticism about early rate cuts by the Fed. Chinese stocks continued to underperform, while Japanese, Australian, and South Korean markets also faced weekly declines. Indian stocks remained steady with expectations of positive GDP growth estimates, while the likelihood of a Fed rate cut in March decreased according to market pricing.

via Investing.com|
##asianstocks#chinamarkets
finance-and-business2 years ago

"Asian Stocks Retreat Amid Fed Rate Speculation and Wall Street's Shaky Start to 2024"

Asian stocks declined as traders scaled back expectations for early and significant U.S. Federal Reserve rate cuts, following the release of the Fed's December meeting minutes which suggested a cautious approach to monetary policy. The minutes indicated concerns about overly restrictive policy impacting the economy and a lack of clear signals on when rate cuts might commence. This led to a decrease in the probability of a March rate cut from 90% to 70%, as per the CME FedWatch tool. Investors are now anticipating less easing this year, with futures pricing in under 150 basis points of cuts compared to 160 bps previously expected. Meanwhile, U.S. nonfarm payrolls data is awaited for further labor market insights, and China's service sector showed expansion, contrasting with official data indicating a contraction.

via Reuters|
##asianstocks#economicindicators
finance-and-business2 years ago

"Global Stocks Waver as Rate Cut Hopes Dim and Markets Eye Economic Data"

Asian stock markets experienced declines, mirroring losses on Wall Street amid skepticism over the possibility of early interest rate cuts by the Federal Reserve. Weak economic data from China and a downgrade of its 2022 GDP figure contributed to concerns, particularly affecting the technology sector. Key Asian tech companies saw significant drops in their share prices, influenced by a negative outlook on Apple Inc's sales and caution ahead of the release of the Fed's meeting minutes. Despite recent optimism for rate cuts, the Fed's cautious stance on inflation and the labor market has tempered expectations. Markets are also awaiting U.S. employment data, which could impact sentiments further.

via Investing.com|
##asianstocks#federalreserve
finance-and-business2 years ago

"Asia-Pacific Markets in 2024: Navigating Through Volatility and Investor Optimism"

Asian stocks had a subdued start to 2024, influenced by weak economic data from China and the impact of a significant earthquake in Japan. Despite expectations of a Federal Reserve interest rate cut, Chinese stocks fell due to poor PMI readings and a lackluster post-COVID recovery, with the CSI 300 index hitting a near five-year low. Regional markets showed mixed performance, with some profit-taking anticipated in India after strong gains. Investors are looking ahead to U.S. employment data for further direction on potential interest rate cuts.

via Investing.com|
##asianstocks#chinaeconomy