Harvir, Author at ToTheTick™

March 23, 2023

Traders anticipate a rate cut from the Fed later this year - Asia Market Wrap

- A measure of Asian equities fell marginally in tumultuous trading Friday, as the banking sector's woes put a pall over the economy and markets. - In Hong Kong, shares fluctuated

by Harvir

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March 22, 2023

Powell emphasises the Fed's commitment to price stability as it raises interest rates - Asia Market Wrap

- Asian stocks were expected to be relatively tranquil on Thursday after US Treasury Secretary Yellen shook US bank stocks as the Federal Reserve resisted bets on interest rate reduction

by Harvir

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March 21, 2023

Traders expect 25 bps Fed hike, beyond that the view is cloudy... - Asia Market Wrap

- Asian stocks rose alongside US equities as investors braced for the Federal Reserve's interest-rate announcement later Wednesday. - Stocks in Hong Kong, Japan, and Australia surged, as did futures for

by Harvir

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March 20, 2023

Australian and South Korean stocks gain, while the dollar remains stable - Asia Market Wrap

- Asian stocks rose Tuesday, mirroring Wall Street advances, as immediate concerns about the global banking system's health faded. - Shares increased in Hong Kong, South Korea, and Australia, helping a

by Harvir

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March 8, 2023

Fed hike bets keep the dollar and bond yields elevated - Asia Market Wrap

- During Asian trade on Thursday, shares were mixed, and US stock futures dipped as investors evaluated the risk of higher rate hikes. - Shares rose 1% in Japan, reversed gains

by Harvir

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March 7, 2023

Fed's Powell believes the Fed is ready to accelerate rises and raise interest rates - Asia Market Wrap

- A measure of Asian shares fell more than 1% on Wednesday, led by hefty losses in technology firms, as hawkish rhetoric from Fed's Powell dampened risk appetite. - Chinese technology

by Harvir

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