Asian stock markets made a lackluster start to the week after unexpectedly strong U.S. economic growth and hiring reinforced expectations that the Federal Reserve will start cutting back stimulus soon.

Topics:  u.s    federal reserve   asia   stimulus   start   
BING NEWS:
  • Global money is chasing Indian stocks again as bull run extends
    Frequent interventions by the nation’s central bank have transformed the rupee from Asia’s most volatile currency to one of the least.
    09/20/2024 - 6:09 pm | View Link
  • Overseas funds pile money into Indian stocks again as bull run extends
    Overseas money is also chasing returns in India’s booming primary market, the world’s busiest this quarter. Local firms are seeking to benefit from an expanding economy and while smaller initial ...
    09/20/2024 - 4:31 pm | View Link
  • Global Stocks Extend Rally, BOJ’s Ueda Views Eyed: Markets Wrap
    Asian stocks extended a rally in global equities as jobs data reinforced expectations of a soft landing for the US economy. The focus is shifting to Bank of Japan Governor Kazuo Ueda’s briefing later ...
    09/19/2024 - 6:39 pm | View Link
  • Stocks Extend Rally, Yen Gains as BOJ Holds Rate: Markets Wrap
    Asian stocks extended a rally in global equities as jobs data backed the view that the US economy is headed for a soft landing. The yen gained as the Bank of Japan left interest rates unchanged.
    09/19/2024 - 5:18 pm | View Link
  • China Market Update: Powell’s Rate Cut Powers Asia & China Higher
    Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster reaction on Wall Street.
    09/19/2024 - 3:24 am | View Link
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