Asian shares slipped on Monday as markets anxiously counted down to a likely cut...
SYDNEY - Asian shares slipped on Monday as markets anxiously counted down to a likely cut in U.S. interest rates this week with much riding on whether or not the Federal Reserve signals yet more are in the pipeline.
Data on the weekend showed profits earned by China’s industrial firms contracted in June, fuelling concerns that the bruising trade war will drag on economic growth. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.6% in slow trade. Japan’s Nikkei dipped 0.2% and Shanghai blue chips 0.1%.
“The messaging will be key and will help markets determine whether the rate cut is just an “insurance cut”, or the Fed is embarking on a full easing cycle as the market currently prices in,” said Tapas Strickland, director of economics at NAB.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
'asian girls' is the mesmerizing horror film taking on cultural fetishizationAnd messing with Pornhub searches in the process. Watch it here.
Leer más »
SoftBank will reportedly invest $2 billion in Southeast Asian ride-hailing firm GrabSoftBank Group CEO Masayoshi Son said Monday the Japanese conglomerate will invest $2 billion in ride-hailing giant Grab, Reuters reported.
Leer más »
Trump Fed pick’s push for gold troubles lawmakersTrump’s latest pick for the Federal Reserve wants to bring back the policy of tying the dollar’s value to gold
Leer más »
Dow futures slightly lower as investors prepare for a Fed rate cutMarket focus is attuned to the Fed, with policymakers at the U.S. central bank set to announce a quarter-point rate cut on Wednesday.
Leer más »
Liam Hemsworth Fed Up With Miley Cyrus' Public Outbursts?A tabloid claims Liam Hemsworth is fed up with Miley Cyrus’ so-called “public outbursts” and it’s causing problems in their marriage. The story is fabricated.
Leer más »
Be Careful What You Wish For, Mr. President—The FED And Election CyclesPresident Trump may want FED Chairman Jerome Powell to cut interest rates next week at the FOMC meeting, but an analysis of presidential reelections since 1956 shows that such an action could be harmful for the President's reelection chances.
Leer más »