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Asian Stocks Dip As Markets Weigh Fed Fears, China Stimulus Hopes0
- Uncategorized
- June 8, 2023
Most Asian stocks retreated on Thursday amid continued concerns over rising interest rates and slowing global economic growth, although optimism over more Chinese stimulus measures helped limit some losses. Chinese losses limited as state banks cut deposit rates China’s Shanghai Shenzhen CSI 300 and Shanghai Composite indexes moved in a flat-to-low range, while Hong Kong’s
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Asian Stocks Creep Higher, China Lags On Disappointing Data0
- Uncategorized
- May 16, 2023
Most Asian stock markets rose on Tuesday, tracking some overnight resilience in U.S. equities as markets awaited more cues on the world’s largest economy, although broader gains were held back by disappointing Chinese economic data. Outperformance in Japan’s Nikkei 225 index persisted, with the index up 0.9% at an 18-month high as a strong first-quarter
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Asian Stocks Cautiously Optimistic Ahead of U.S. CPI DataAsian Stocks Cautiously Optimistic Ahead of U.S. CPI Data0
- Stock Market
- September 13, 2022
Most Asian stock markets rose slightly on Tuesday, with investors turning cautiously optimistic over upcoming data that is expected to show a sustained decline in U .S. inflation. Taiwan’s weighted index added 0.7%, the most among its regional peers, while China’s Shanghai Shenzhen CSI 300 and Hong Kong’s Hang Seng rose 0.5% and 0.3%, respectively, in
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Asian Stocks Cautiously Higher As Debt Ceiling Bill Moves Forward0
- Uncategorized
- June 1, 2023
Most Asian stocks edged higher on Thursday, encouraged by progress towards averting a U.S. debt default, while signs of life in China’s manufacturing sector also helped fish local stocks from six-month lows. The U.S. House of Representatives voted in favor of a bill to suspend the debt ceiling late-Wednesday, pushing it forward to the Senate
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Asia FX Weakens On recession Wo Yen Supported By Yield Cap Bets0
- Economy
- January 19, 2023
Most Asian currencies retreated on Thursday as weak U.S. economic data pushed up fears of a potential recession, while the Japanese yen recouped most of its recent losses on speculation that the Bank of Japan may yet increase its yield control range. The yen was the best-performing Asian currency for the day, rising 0.5% to
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Asia FX Turns Cautious Ahead of U.S. Payrolls, Dollar Hits 3-Mth Low0
- Stock Market
- December 2, 2022
Most Asian currencies moved little on Friday as caution kicked in ahead of U.S. payrolls data that is likely to affect monetary policy, although dovish signals from the Federal Reserve pushed the dollar to a three-month low. Regional currencies were also set for strong gains this week as the Federal Reserve flagged smaller interest rate
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