Stay updated with breaking news from Msci S. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Markets price rate cuts as early as the first half of 2024. The U.S. Federal Reserve and the European Central Bank, wary of market euphoria loosening financial conditions, may start to push back
MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) also dipped 0.3%, giving it a monthly gain of 6.4%. Chinese blue chips (.CSI300) lost another 1.1%, and have missed out on all the global cheer with the market down 2% in November so far.
Nasdaq futures were down 0.2% and S&P 500 futures fell 0.1% early in the Asia day. Volumes are likely to be lightened through the rest of the week by Thursday's Thanksgiving holiday in the United States.
Japan's Nikkei added another 0.6% to break its September peak and bring its gains for the month so far to a whopping 9.3%.
MSCI's broadest index of Asia-Pacific shares outside Japan surged 1.7% to the highest level in one week. Tokyo's Nikkei gained 1.4% to cross the 32,000 level for the first time in two weeks.