A look at the day ahead in Asian
markets.
As buoyant investors brace for potentially one of the most
significant days of the year on Wednesday with U.S. inflation
and the Federal Reserve s policy. -June 11, 2024 at 05:45 pm EDT
- MarketScreener
Morning Bid: China CPI Lands Ahead of U S CPI, Fed Double Whammy usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
As buoyant investors brace for potentially one of the most significant days of the year on Wednesday with U.S. inflation and the Federal Reserve's policy decision, Asian markets have their own obstacles to hurdle beforehand. Thailand's central bank sets interest rates, against a backdrop of deteriorating investor confidence and stocks sliding to their lowest since late 2020, while China releases its latest producer and consumer price inflation figures. Treasury yields fell back ahead of the Fed's decision too.
A look at the day ahead in Asian
markets.
Asian markets look set to remain on the defensive on Tuesday,
kept in check by rising bond yields, political shockwaves in
Europe, a buoyant dollar and. -June 10, 2024 at 05:45 pm EDT
- MarketScreener
Asian markets look set to remain on the defensive on Tuesday, kept in check by rising bond yields, political shockwaves in Europe, a buoyant dollar and caution ahead of the U.S. Federal Reserve's policy decision later in the week. That's not necessarily a blanket outlook across the continent though - Japanese equities got the week off to a solid start, shrugging off a spike up Japanese Government Bond yields after revisions to first quarter GDP were stronger than expected and the yen fell broadly. Japan's GDP revisions on Monday will have boosted sentiment towards Japan and raised expectations that the Bank of Japan will press ahead with policy normalization at its policy meeting later this week.