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China crackdown sinks Asia - MarketPulse

China crackdown sinks Asia - MarketPulse
marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.

Week Ahead - Fed and Earnings Eyed - MarketPulse

US This will be a huge week on Wall Street as the Fed will be providing some clarity over taper timing and how they will reduce asset purchases, monster earnings from big-tech, and the first look at second quarter GDP, personal consumption, and core PCE, the Fed’s preferred inflation index.  Financial markets are waiting to see if the latest global growth concerns will be enough reason for the Fed to hold off on discussing potential strategies for tapering their monthly purchases of $80 billion in Treasury securities and $40 billion in mortgage securities.  This is peak earnings season and many traders will closely watch to see if mega-cap stocks, Apple, Alphabet, Facebook, Microsoft, and Amazon can crush second quarter expectations and signal the growth story is not moderating too quickly. 

Asian Stock Market: Covid woes entertain bears with mild losses

6/28/2021 5:26:06 AM GMT | By Anil Panchal Asian equities post small losses as virus woes probe the bulls amid a subdued session. Australia, Thailand announced new restrictions, Malaysia on the way. US stimulus keeps buyers hopeful even as reflation, covid fears weigh on sentiment. Fedspeak in the focus ahead of Friday’s US NFP. Asian shares remain pressured as the region struggles with the fresh coronavirus (COVID-19) wave amid a light calendar and dead feeds. Fresh expansion to the activity restrictions in Sydney and Bangkok portrays the covid woes in the Asia-Pacific area. Also, Indonesia’s struggle with record covid cases and Malaysia’s readiness to announce more curbs to tame the pandemic keep markets dull ahead into Monday’s European session.

Futures Stall At All Time High As Focus Turns To Jobs Data

Futures Stall At All Time High As Focus Turns To Jobs Data
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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