An Asian equity gauge climbed 0.5%, supported by gains in Hong Kong, Japan and Australia. Shares in mainland China fell at the open, before heading into positive territory. US futures steadied following the S&P 500s first back-to-back advance in August.
(Bloomberg) Asian stock markets are poised to open lower following declines across the board in the US as inflation and growth concerns sapped risk sentiment.Most Read from BloombergRussia Calls Emergency Key Rate Meeting as Ruble PlungesHollywood Studios Offer Writers a New Deal With Push From Netflix, Iger to End StrikeTrump Indictment Lays Out Sweeping Georgia Election PlotRussia’s Emergency Rate Hike Fails to Lift Ruble After CrashS&P 500 Drops Below Key Level in Late-Day Slide: Markets W
Asian stocks steadied and U.S futures rose on Monday in relief at a weekend rescue deal for Credit Suisse and a concerted effort from central banks to shore up the mood, though trade was tense and
Traders bets that the US Fed will hold rates at the current level at its March meeting stayed at 23%, while bets of a 25 basis point rate hike stood at 77% earlier
Investors are wary of making big bets before Powell speaks, and contracts on the S&P 500 rose about 0.3%, after the underlying gauge closed flat Monday