Asian stocks tread water amid mixed Chinese, Japanese inflation
Investing.com-- Most Asian stocks kept to a tight range on Wednesday as markets digested mixed inflation prints from China and Japan, while focus remained on when the Federal Reserve could begin trimming interest rates.U.S. stock index futures were flat in Asian trade, as investors digested a testimony by Fed Chair Jerome Powell. Powell noted some cooling in the economy, but gave no clear signals on when the central bank could begin cutting rates.
Still, Wednesday’s data showed that China’s overall disinflationary trend remained in play, inspiring little confidence in the country. Chinese stocks were nursing steep losses in recent weeks as fears of a trade war with the West eroded sentiment.continued to notch record highs on persistent confidence in India’s economy, which is the fastest growing major economy in the past two years.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Japanese Yen nears break above 160.00 as Japanese authorities remain sidelinedThe Japanese Yen (JPY) weakens again on Wednesday in a near 10-day losing streak that only had one hiccup on the way up. Traders are dipping their toes in the water to see if the Japanese Ministry of Finance is set to intervene in forex markets.
Read more »
As threats from North Korean and Chinese rise, U.S. looks for defense partnerships with Asian alliesThe United States wrapped up its first multidomain exercise with Japan and South Korea in the East China Sea on Saturday, a step forward in Washington's efforts to strengthen and lock in its security partnerships with key Asian allies in the face of growing threats from North Korea and China.
Read more »
How Shohei Ohtani has brought a new wave of Japanese tourists to LAWith 12 new Japanese sponsors, Japanese-language stadium tours and new Japanese menu items, the Dodgers are making the most of the Ohtani effect.
Read more »
Knife attack at a school bus stop in China wounds three, including a Japanese mother and childThe Japanese embassy in China says that man has been detained after a knife attack that injured three people in the city of Suzhou, including a Japanese mother and child. A man holding a knife stabbed the woman and her child at a stop for a school bus run by a Japanese school in the east Chinese city.
Read more »
Stock market today: Asian stocks are mixed after Wall Street edges to more recordsAsian stocks are mixed after U.S. benchmarks ticked to more records following the latest signs that the U.S. economy may be slowing without falling into recession. U.S. futures were mixed and oil prices fell. On Tuesday, the S&P 500 rose 0.3% to hit another all-time high. The Dow Jones Industrial Average edged up 0.
Read more »
Stock market today: Asian shares are mixed ahead of a Fed decision on interest ratesShares are mixed in Asia ahead of a decision by the Federal Reserve on interest rates.
Read more »