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Asia markets swing after Yellen spooks Wall Street, eyes on US jobs


The Straits Times
Asian markets started on a negative note, though some bounced back as the morning wore on.PHOTO: AFP
Published3 hours ago
https://str.sg/JtYo
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including the ST News Tablet worth $398. ....

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Asian markets swing after Yellen spooks Wall Street, eyes on US jobs


Asian markets fluctuated on Wednesday after Treasury Secretary Janet Yellen’s suggestion that US interest rates might need to be hiked, as government spending measures fan inflation and the economy surges.
The comments appeared to be a deviation from the united front top officials have put up in trying to reassure investors that the Federal Reserve’s ultra-easy monetary policies will remain in place until the recovery is well on track.
Investors are also awaiting the release of data on private jobs creation later in the day, which will give clues about Friday’s key non-farm payrolls report, which in turn is closely watched for an idea about the state of the economic recovery. ....

Soult Ukpyolsi , South Korea , New Zealand General , New Zealand , Hong Kong , New South Wales , T Ai Pei , Jakarta Raya , Janet Yellen , Louis Navellier , Kim Mundy , Deborah Cunningham , Joe Biden , Commonwealth Bank , Federal Reserve , Treasury Secretary Janet Yellen , Wall Street , Federated Hermes , தெற்கு கொரியா , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , ஹாங் காங் , புதியது தெற்கு வேல்ஸ் , டி ஐ பேய் , ஜகார்த்தா ராய , கிம் முண்டி ,

Asia stocks struggle after Yellen spooks Wall St, eyes on US jobs | Money


Wednesday, 05 May 2021 06:11 PM MYT
In this file photo taken on February 05, 2021 US Secretary of the Treasury Janet Yellen listens while US President Joe Biden speaks about Covid-19 relief from the State Dining Room of the White House in Washington, DC. AFP pic
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HONG KONG, May 5 Asian markets mostly fell today after Treasury Secretary Janet Yellen’s suggestion that US interest rates might need to be hiked, as government spending measures fan inflation and the economy surges.
The comments appeared to be a deviation from the united front top officials have put up in trying to reassure investors that the Federal Reserve’s ultra-easy monetary policies will remain in place until the recovery is well on track. ....

Hong Kong , France General , United States , T Ai Pei , The White House , District Of Columbia , City Of , United Kingdom , Soult Ukpyolsi , South Korea , New Zealand General , New Zealand , New South Wales , Jakarta Raya , Janet Yellen , Louis Navellier , Kim Mundy , Deborah Cunningham , Joe Biden , Commonwealth Bank , Federal Reserve , Treasury Janet Yellen , State Dining Room , White House , Treasury Secretary Janet Yellen , Treasury Secretary ,

Asia Stocks Struggle After Yellen Spooks Wall St, Eyes On US Jobs

Asia Stocks Struggle After Yellen Spooks Wall St, Eyes On US Jobs
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