U.S. and UK markets will be closed, creating potential for outsized market moves.
, on the other hand, might like the yuan to fall further. The economy's post-pandemic lockdown recovery has been weaker than expected, to put it mildly, and inflationary pressures are evaporating. Barclays economists predict 10-20 basis points of policy rate cuts and 25-50 bps of reserve requirement ratio cuts over the next six to nine months.
Japanese equity markets open on Monday near the 33-year highs reached last week, while Chinese stocks are languishing near six-month lows. So is the Hang Seng tech index, struggling under the cloud of risingThe Asian economic data and events calendar is light on Monday but fills up later in the week, with the focus turning to Japanese unemployment on Tuesday,and Thailand's interest rate decision on Wednesday, and South Korea's Q1 GDP on Friday.
Purchasing managers index reports for several countries are scheduled for release too, with China's May data on Tuesday and Wednesday likely to be the biggest market-movers.- Market reaction to U.S. debt limit dealBy Jamie McGeever; Editing by Diane Craft
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Memorial Day drivers face relief at the gas pumpThe over 37 million people expected to drive over the Memorial Day weekend will get some relief at gas pumps around the nation, compared to a year ago, according to AAA data.
Leer más »
Pair of Northern Virginia men plead guilty to $7 million COVID-19 relief fraud schemeA pair of Northern Virginia men pleaded guilty Friday to a $7 million COVID-19 relief fund fraud scheme.
Leer más »
Truce reduces fighting in Sudan, but little relief for humanitarian crisisKhartoum was calmer on Saturday morning as a seven-day ceasefire appeared to reduce fighting between two rival military factions although it has not yet provided the promised humanitarian relief to millions trapped in the capital.
Leer más »
Sean Manaea embraces new relief role for SF Giants: ‘I think I get it now’Manaea has turned in his first 2 scoreless outings of the season in relief, despite being a starter his whole career.
Leer más »
Analysis: Why a US debt deal may only provide short-term relief for marketsGood news of a tentative deal for the U.S. debt ceiling impasse may quickly turn out to be bad news for financial markets.
Leer más »
Dodgers beat big league-best Rays with timely offense and clutch relief pitchingThe Dodgers overcame another shaky start by Clayton Kershaw by keeping their poise and rallying for a 6-5 victory over the Tampa Bay Rays on Saturday.
Leer más »