Tag

Reuters Tankan Survey

All articles tagged with #reuters tankan survey

finance2 years ago•6 min saved

"Asia Stock Markets React to Reuters Tankan and Australia GDP: Live Updates"

Asian markets rebounded, led by Japan's Nikkei 225, after a broad sell-off on Tuesday. Australia's third-quarter GDP expanded 2.1% year-on-year, beating expectations. The Reuters Tankan survey showed improving business sentiment among large Japanese manufacturers. In the US, the Dow Jones and S&P 500 slid, while the Nasdaq Composite gained. Goldman Sachs, JPMorgan, and Morgan Stanley have released their top stock picks for December. Oil prices fell despite OPEC+ efforts to convince traders of production cuts. Nio's losses narrowed, leading to a rise in its stock price. Job openings in October fell to the lowest level since March 2021.

via CNBC|

#asia-markets #finance #gdp

finance2 years ago•5 min saved

Asia Markets Dip, Japan Business Sentiment Improves

Most Asia-Pacific markets dipped in choppy trading, extending declines from the previous session. Japan's business sentiment improved for the first time since August, according to the Reuters Tankan survey. South Korean stocks retreated, while U.S. markets closed with their longest winning streaks in nearly two years. New Zealand's inflation expectations fell to a two-year low in the fourth quarter. Morgan Stanley highlighted the stocks that will benefit and lose out from the wellness trend. HSBC predicts a 15% rally in global equities if central banks ease monetary policy and the Federal Reserve manages a soft landing. Chicago Federal Reserve President Austan Goolsbee said a soft landing is still possible. U.S. crude prices fell to their lowest level since July due to weak economic data. Wolfe Research warns that the market rally may be fleeting.

via CNBC|

#asia-markets #finance #global-equities