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2024-07-17 09:16:49
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News10NBC on Nostr: nostr:note14j840kj545za4t5kx29tsxkj5sc709q3t3p6sqprv7dy64nkgtsscle3z5

Asian Stocks Mixed as Investors Await Fed Rate Cut Decision
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#d2be180c ver:0.76

Asian stocks mixed as investors await Fed rate cut decision. Weak economic data from China and outcome of Communist Party policy meeting in Beijing weigh on market sentiment. Japan's Nikkei 225 up 0.2%, Hong Kong's Hang Seng down 1.4%, Shanghai Composite down 0.1%, South Korea's Kospi up 0.2%, Australia's S&P/ASX 200 down 0.2%. Goldman Sachs revises China's growth forecast to 4.9%, JP Morgan cuts GDP outlook to 4.7%. Fed meeting and policies from Communist Party meeting to shape market direction. Wall Street continues upward trend. S&P 500 up 0.3%, Dow Jones up 0.5%, Nasdaq up 0.4%. #AsianStocks #ChinaEconomy #FedMeeting...

#newstr #AsianStocks #China #CommunistParty #FederalReserve #WallStreet

https://here.news/story/d2be180c?ver=0.76
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