Global Markets React to US Inflation Surprise, Chinese New Year Break, and Spring Festival Holiday Market Review on Nostr: Asian Markets Retreat on US Rate Concerns, Oil Rallies After Attack =============== ...
Asian Markets Retreat on US Rate Concerns, Oil Rallies After Attack
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#6b553831 ver:0.94
Asian markets retreat on US rate concerns, while oil rallies after an attack. Dollar weakens against major peers, speculation of Bank of Japan hiking borrowing costs again. Investors focused on US personal consumption expenditures (PCE) index and European Central Bank (ECB) expected to cut borrowing costs. Gold prices climb for a third day. Philippine peso and South Korean won gain among emerging Asian currencies. Jakarta index advances, Singapore and Seoul rise, Kuala Lumpur and Manila fall. Asian shares edge higher as expectations of European rate cut lift risk appetite. Oil prices extend gains. Most emerging Asian currencies on the front foot as dollar weakens....
#newstr #AsianMarkets #UsMemorialDayHoliday #OilPrices #EcbComments #RiskAppetite #UsInterestRates #MiddleEastSupplies #InflationData #Opec #OutputCuts
https://here.news/story/6b553831?ver=0.94
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#6b553831 ver:0.94
Asian markets retreat on US rate concerns, while oil rallies after an attack. Dollar weakens against major peers, speculation of Bank of Japan hiking borrowing costs again. Investors focused on US personal consumption expenditures (PCE) index and European Central Bank (ECB) expected to cut borrowing costs. Gold prices climb for a third day. Philippine peso and South Korean won gain among emerging Asian currencies. Jakarta index advances, Singapore and Seoul rise, Kuala Lumpur and Manila fall. Asian shares edge higher as expectations of European rate cut lift risk appetite. Oil prices extend gains. Most emerging Asian currencies on the front foot as dollar weakens....
#newstr #AsianMarkets #UsMemorialDayHoliday #OilPrices #EcbComments #RiskAppetite #UsInterestRates #MiddleEastSupplies #InflationData #Opec #OutputCuts
https://here.news/story/6b553831?ver=0.94