SYDNEY : Asian share markets edged cautiously higher on Monday as investors looked ahead to a key reading on U.S. inflation and the start of another corporate earnings season.Chinese consumer price figures surprised on the soft side with inflation falling in June and essentially unchanged from a year befo
SYDNEY : Asian share markets edged cautiously higher on Monday as investors looked ahead to a key reading on U.S. inflation and the start of another corporate earnings season.
The yuan pared early gains on the news, though Chinese blue chips were still up 0.7 per cent on hopes for a loosening in regulations for the tech sector. Shares in Hong Kong's Alibaba Group also joined the rally. Earnings season starts later this week with JPMorgan Chase, Citigroup, Wells Fargo, State Street and PepsiCo among the names reporting.
This week also has major data on U.S. consumer prices which is forecast to show headline inflation slowed to its lowest level since early 2021 at 3.1 per cent, with the core easing to 5.0 per cent. Fed officials have been mostly hawkish in their communications, while markets have also priced in higher rates in Europe and the UK. Canada's central bank meets this week and markets imply a 67 per cent chance of another hike.
The jump in developed-world yields caused ripples in currency markets, particularly in carry trades where investors borrow yen at super-low rates to invest in high-yielding emerging market currencies.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Asian Games-OCA paves way for Russian, Belarusian athletes to compete at Asian GamesBANGKOK : Athletes from Russia and Belarus will be permitted to compete at the Hangzhou Asian Games to help them earn points to qualify for the 2024 Paris Olympics.The Olympic Council of Asia (OCA) voted on Saturday that as many as 500 athletes from the two countries could compete under a neutral flag, bu
続きを読む »
India confirm men and women teams will compete in Asian GamesNEW DELHI : Cricket powerhouse India confirmed they will send both their men's and women's teams to the Asian Games in Hangzhou in September-October, the country's cricket board (BCCI) said on Saturday.Cricket featured twice in the Asian Games but India did not participate either when the country hosted t
続きを読む »
Asia in wary mood for US inflation, earnings testsSYDNEY : Asian share markets edged cautiously higher on Monday as investors looked ahead to a key reading on U.S. inflation and the start of another corporate earnings season.Bond markets were still shaky after a recent vicious sell-off drove yields to multi-year highs across the developed world, making e
続きを読む »
Solomon Islands leader visits security partner China with focus on infrastructureSYDNEY: Solomon Islands Prime Minister Manasseh Sogavare arrives in China on Sunday (Jul 9) for his first visit since striking a security deal, pledging to 'remain neutral' amid rising China-US competition and prioritise his nation's development needs. Western analysts said Sogavare would be feted after si
続きを読む »
US-China cooperation in climate finance 'critical': YellenBEIJING: It is 'critical' for Washington and Beijing to keep working together on climate finance, US Treasury Secretary Janet Yellen said Saturday (Jul 7), urging deeper cooperation in addressing the 'existential threat' of global warming. Yellen is on a four-day trip to Beijing, as the United States seeks
続きを読む »