Hong Kong stocks fall Asian markets mixed before Fed rate decision

BoJ board members discussed inflation, Kuroda hinted at a future policy shift Policy board members agreed at the Bank of Japan’s latest meeting that it was appropriate to “persistently continue with broad-based monetary easing,” according to the Minute released Wednesday. One member said the central bank’s stance on easing should continue even if inflation accelerates … Read more

Stocks rally ahead of RBA decision; Caixin PMI less than 50

Hong Kong movers: Hang Seng Tech shares lead gains in the broader index Hong Kong-listed technology stocks led gains in the broader Hang Seng Index, with Mituan Gain more than 10% in the morning session. Tencent 8.56% profit Ali Baba rose 7.2% and xiaomi 4.3% profit. JD.com It also rose 6.06%. – Jie Lee Hang … Read more

Stock exchange fluctuations in Hong Kong, Asian markets varied; China’s PMI shrinks to deflation

Goldman Sachs expects Fed rates to peak at 5% Economists at Goldman Sachs expect the Fed rate to peak at 5%, after raising its forecast for the central bank to raise 75 basis points at its next meeting this week. Economists led by Jan Hatzius said in a note on Saturday that they are adding … Read more

Asia Pacific markets mostly rose after Wall Street gains overnight

Apple supplier shares drop due to report of iPhone 14 Plus production cuts Shares of Apple suppliers in Asia fell after the technology company Order from factory in China To discontinue iPhone 14 Plus component production as Apple reassess demand for the product. the information mentioned That two other suppliers that assemble units of this … Read more

The movement of the Asia-Pacific markets was mixed after the decline in US stocks

Chinese EV battery maker steadily opened in Hong Kong market for the first time Electric vehicle battery maker China Aviation Lithium Battery (CALB) traded flat in its first session after raising HK$9.86 billion ($1.26 billion) in its initial public offering. according to deposit. The offer price was HK$38 ($4.84) ​​per share. Shares allocated to retail … Read more

‘The Federal Reserve is breaking things’ – this is what keeps Wall Street on edge as risks mount around the world

Jerome Powell, Chairman of the US Federal Reserve, during a federal hearing event in Washington, DC, US, on Friday, September 23, 2022. Drago | Bloomberg | Getty Images Such as Federal Reserve Efforts to tame inflation are intensifying, sending the dollar, bonds and stocks up, and concern is growing that a central bank crackdown will … Read more

European markets open for closing, earnings, data and news

Stock action: thyssenkrupp down 11%, wisdom up 8% Shares of a German multinational company thyssenkrupp It was down 11% by mid-afternoon after JPMorgan re-covered the stock with an “underweight” rating. At the top of the European blue-chip stock index, Britain Wisdom Medicines It jumped more than 8% by mid-afternoon. – Elliot Smith The British pound … Read more

Stocks drop, Chinese yuan tops 7.2 against the dollar

Japan Consumer Inflation May Fall in 2023: Bank of Japan Meeting Minutes Consumer inflation excluding fresh food is likely to rise this year, but the rate of increase will then slow on energy prices, minutes from the Bank of Japan in July meeting said. A few members also said that inflation, excluding fresh food and … Read more

Top Wall Street analysts say buy Caterpillar and Salesforce

Jim Umpelby, CEO of Caterpillar Inc. Adam Jeffrey | CNBC This year has been a tough year indeed, and 2023 doesn’t look much better, with the Federal Reserve forecasting economic growth of just 1.2%. Given this harsh outlook, investors will have to choose where their money will work carefully. To pick the right stocks, staying … Read more

European markets open their doors to close inflation data, earnings and US news

US stock futures fell sharply after the hot inflation report Stocks on the go: Future rises 8%, Ocado prices fall 10% shares Future plc It gained 8.7% in the early afternoon deals to lead the Stoxx 600, after the British media company predicted that its full-year adjusted operating profit would come at the end of … Read more