Page 3 - Tim Graf News Today

Asian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of Chinas stimulus plans and for a European Central Bank meeting later in the session.

Asian stocks traded cautiously and bonds fell on Thursday while investors waited on more detail of China's stimulus plans and for a European Central Bank meeting later in the session. The Canadian dollar fell after the Bank of Canada held rates but dropped language that had said it was prepared for further hikes. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.5% in early trade, with the Hang Seng opening 0.6% higher and mainland indexes steady.

​Chinas central bank will cut the amount of cash that banks must hold as reserves from Feb. 5, the first such cut for the year as policymakers extend efforts to shore up a fragile economic recovery amid plunging stock markets.

Markets have been digesting the latest attempt by Chinese policymakers to inject some life into China's flatlining economy.

Global stock markets extended a New Year slide on Wednesday, while the dollar held firm, as market optimism about early U.S. interest rate cuts ebbed and the latest escalation of hostilities in the...

Market sentiment was also undermined by deteriorating conflict conditions in the Middle East

World stocks markets stuttered on Wednesday, while the dollar continued to its rebound as traders waited to see if U.S. Federal Reserve chief Jerome Powell will push back against rate-cut talk when he...

Wall Street gets a megacap boost

Euro zone bond yields edged lower on Wednesday as investors weighed signs of an economic slowdown against a survey which showed consumers inflation expectations rose in September. ... -November 08, 2023 at 11:36 am EST - MarketScreener

World stock markets stuttered on Wednesday while the dollar gained for a third straight day, as investors seek insight into the U.S. Federal Reserves stance on interest rates that many on Wall...