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(Bloomberg) — Stocks in Asia dropped after renewed concerns about higher-for-longer US interest rates fueled a selloff on Wall Street, with all eyes on the Federal Reserve’s policy decision due later Wednesday. Japan’s Nikkei 225 index slid after recording its worst month since December 2022. Australian shares also declined, with many markets in the region…
(Bloomberg) — Stocks in Asia rose, following a US tech rally and fresh economic data that rekindled hopes for US interest rate cuts. The MSCI Asia Pacific Index gained the most in a month, with benchmarks from Hong Kong to Japan and South Korea all in the green. The region’s chip-related stocks tracked the strength…
(Bloomberg) — Stocks in Asia showed modest gains in range-bound trading, as investors looked for new themes ahead of key US consumer price data due Wednesday. Benchmarks rose in Australia and Hong Kong, with those in Japan lifted by a weaker yen that benefits exporters. Their counterparts in South Korea and mainland China slipped. Treasury…
(Bloomberg) — Traders mostly refrained from major wagers on stocks and bonds in the buildup to Wednesday’s US inflation figures, which are crucial to the debate over when the Federal Reserve will start to cut interest rates. Mining stocks were a bright spot in Europe as iron ore headed for its biggest two-day rally…