Asian markets take a breather after Fed rate pause rally
HONG KONG, China — Asian markets turned negative Tuesday after their latest rally as high hopes the US Federal Reserve has finished hiking rates gave way to profit-taking.
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Stocks rally and dollar drop on hopes Fed rates have peaked
HONG KONG, China — Stocks and oil prices rose while the dollar weakened Thursday as a much-needed burst of confidence flows across world markets after the Federal Reserve hinted it has come to the end of its long-running interest rate hiking cycle.
Markets fall again and oil rises on Middle East, Fed fears
HONG KONG, China — Asian markets fell and oil prices extended gains Friday on worries that an expected ground invasion of Gaza by Israel will spark a wider conflict in the Middle East.
Stocks fall amid worries over Middle East conflict
Stocks fell Thursday over mounting worries over the Middle East conflict and the rise in US Treasury yields.
Asian markets retreat with US rates back in focus
HONG KONG, China — Asian markets were mostly lower Monday as relief over the US Congress passing a last-minute deal to avoid a government shutdown gave way to renewed concerns over interest rates.
Stocks extend gains for 5th straight day
MANILA, Philippines — Stocks extended their advance yesterday as investors continued to scout for bargains and reposition their portfolio following the reconstitution of the main index.
Fed to move 'carefully' in determining monetary firming: Powell
ISTANBUL – US Federal Reserve Chair Jerome Powell said Wednesday the central bank will move “carefully” in determining the extent of monetary policy tightening based on future macroeconomic data.