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Asia set for cautious start amid Hawkish Fed views: Markets Wrap
Asian stocks are set for a cautious start Friday as traders weigh hawkish Federal Reserve comments ahead of the Jackson Hole symposium and geopolitical tension following blasts in Afghanistan.
Futures were steady for Japan and Hong Kong but lower for Australia. U.S. contracts inched higher. The S&P 500 fell from a record overnight, in part as some Fed officials said the time to start tapering stimulus is near. Meanwhile, President Joe Biden vowed retaliation for deadly blasts outside Kabul airport that stoked tension as the U.S. evacuates the area. The dollar held a climb.
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Asian stocks are set for a cautious start Friday as traders weigh hawkish Federal Reserve comments ahead of the Jackson Hole symposium and geopolitical tension following blasts in Afghanistan.
Futures were steady for Japan and Hong Kong but lower for Australia. U.S. contracts inched higher. The S&P 500 fell from a record overnight, in part as some Fed officials said the time to start tapering stimulus is near. Meanwhile, President Joe Biden vowed retaliation for deadly blasts outside Kabul airport that stoked tension as the U.S. evacuates the area. The dollar held a climb.
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As the Fed starts to talk of its tapering timeline, traders are also looking for stocks that can survive, and even thrive from the impact.
According to Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors.
“We think probably the most taper-resistant pick right now is something happening in the infrastructure play. “The thing about tapering is as soon as you hear taper, you start worrying about stocks that are overpriced. And since the infrastructure sector has long been overlooked. It supposes to be one of the good choices.
Some evidence has been shown on North Carolina-based steel producer ...
According to Gina Sanchez, CEO of Chantico Global and chief market strategist at Lido Advisors.
“We think probably the most taper-resistant pick right now is something happening in the infrastructure play. “The thing about tapering is as soon as you hear taper, you start worrying about stocks that are overpriced. And since the infrastructure sector has long been overlooked. It supposes to be one of the good choices.
Some evidence has been shown on North Carolina-based steel producer ...
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Stocks set to climb after U.S. rally on dip buying: Markets Wrap
Asian stocks look set to rise Monday after bargain hunters spurred a U.S. rally, with traders also weighing growth risks and awaiting the Jackson Hole symposium for clues on the Federal Reserve’s policy outlook.
Futures advanced in Japan, Australia and Hong Kong, while U.S. contracts edged higher. The S&P 500 and tech-heavy Nasdaq 100 rose at the end of last week. Beijing’s regulatory crackdown saw Chinese shares listed in the U.S. suffer their longest streak of weekly losses in a decade despite a climb on Friday.
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Asian stocks look set to rise Monday after bargain hunters spurred a U.S. rally, with traders also weighing growth risks and awaiting the Jackson Hole symposium for clues on the Federal Reserve’s policy outlook.
Futures advanced in Japan, Australia and Hong Kong, while U.S. contracts edged higher. The S&P 500 and tech-heavy Nasdaq 100 rose at the end of last week. Beijing’s regulatory crackdown saw Chinese shares listed in the U.S. suffer their longest streak of weekly losses in a decade despite a climb on Friday.
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$CHINA LIFE (02628.HK)$ is it worth to buy this?
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Dear mooers,
Singapore's 56th birthday is about to come. Let's say a big Happy Birthday to Singapore!!!
As we all know, the 56 years since the independence of Singapore is an extraordinary period. Singapore has experienced many ups and downs -- from the birth of the country to becoming the Garden City of the world. Singapore Spirit can meanhardworking,caring,disciplined,innovative,courageous, and more...
This is the 1st birthday moomoo celebrates for Singapore. We can feel the spirit of Singapore since the beginning. Do you also feel the moomoo spirit in some sense? ...
Singapore's 56th birthday is about to come. Let's say a big Happy Birthday to Singapore!!!
As we all know, the 56 years since the independence of Singapore is an extraordinary period. Singapore has experienced many ups and downs -- from the birth of the country to becoming the Garden City of the world. Singapore Spirit can meanhardworking,caring,disciplined,innovative,courageous, and more...
This is the 1st birthday moomoo celebrates for Singapore. We can feel the spirit of Singapore since the beginning. Do you also feel the moomoo spirit in some sense? ...
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is Intel better than AMD?
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$TJ DaRenTang USD (T14.SG)$ come on! gogo.
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