Asian markets struggle to maintain momentum after Fed cut
Hong Kong, Nov 08, 2024 -Asia’s markets rally stuttered Friday after early gains as traders struggled to keep up with another Wall Street record following the Federal Reserve’s interest rate cut, while they were also weighing the outlook with another Trump administration. Traders were also awaiting the end of a week-long meeting of key Chinese…
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How central banks can help in reducing market volatility
We have seen that the actions of a single central bank can swiftly influence market sentiment, capital flows, and economic stability across multiple countries. Central banks wield immense power to influence the stock market, with their policy decisions acting as inflection points for financial markets. The interplay between a Central Bank’s actions and the stock…
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Japan’s Topix, Nikkei stock gauges tumble almost 20% from peaks
Japan’s equity benchmarks slid almost 20% from record highs reached last month as investor confidence crumbled from the surge in the yen, tighter monetary policy and the deteriorating economic outlook in the US. The Topix and Nikkei 225 Stock Average fell about 5%, with the former set for a three-day decline that would be the…
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Asian stocks slip, while Australian index tracks Wall St rally to hit record
Asian stocks were mostly lower Wednesday even as investors wagered that the Federal Reserve will come ahead with a cut to interest rates, while Australia’s benchmark hit a new record. U.S. futures were mixed and oil prices were little changed. In Tokyo, the Nikkei 225 index gave up early gains to shed 0.4% to 41,095.23….
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