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Markets 4 months ago
Japan's Nikkei skids in subdued Asia as bets of rate hike grow
Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates.
Markets 4 months ago
Stocks rise on Fed easing hopes, yen locked in intervention zone
Asian stocks rose on Thursday and the dollar was soft on growing expectations of an interest rate cut from the Federal Reserve next month, while the yen remained on intervention watch, with traders weighing the prospect of a rate hike before year-end.
Markets 5 months ago
Stocks crumble as US jobs fail to clear Fed outlook, tech hammered
Asian shares extended a global rout on Friday as the much-anticipated US jobs data failed to provide clarity on the near-term path for interest rates, with investors returning to dumping risk assets even after Nvidia's earnings dazzled.
Markets 5 months ago
Stocks rally as bumber Nvidia report offsets Fed rate concern
Asian markets rallied Thursday after blowout earnings from chip powerhouse Nvidia cooled worries over an AI bubble and overshadowed a Federal Reserve report that dealt a blow to hopes for a December interest rate cut.
