Sunday, June 8, 2025
No Result
View All Result
newshub
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
  • Global news
  • Financial insights
    • Africa
    • Asia
    • Australia
    • Central Banks
    • China
    • Commodities
    • Europe
    • Banking
    • Corporate
    • Neobanking
    • Investment
    • Japan
    • South East Asia
    • Stock of the week
    • UK
    • US
  • Fin & tech
    • AI
    • Blockchain
    • Crypto
    • MSTRpay
    • Tech
  • Climate & energy
    • Climate
    • Carbon
    • Coal
    • Disruptive
    • Gas
    • Nuclear
    • Oil
    • Solar
    • Water
    • Waves
    • Wind
    • Renewable
    • South America
  • Lifestyle
    • Best chefs
    • Cocktail of the week
    • History
    • Influential women
  • WEX
    • Alt Kap Holding AB
    • Digital Network Holding, Inc.
    • Fantas-E AB
    • International Clean Energy Inc.
    • Intritum Partner Limited
    • Intritum Recycling GH Limited
    • MSTRpay AB
    • SWAP Services, Inc.
    • VMT Holding, Inc.
    • Universal Streaming Technologies – USTA
    • TC Unterhaltungselektronik AG
No Result
View All Result
newshub
No Result
View All Result
ADVERTISEMENT

Asian markets higher ahead of Fed rates decision

2022/10/31/08:58
in Asia, Financial insights
Reading Time: 3 mins read
250 3
A A
Asian markets higher ahead of Fed rates decision
MSTRpay MSTRpay MSTRpay
ADVERTISEMENT

Asian stock markets are mostly higher ahead of what is expected to be a Federal Reserve decision this week to raise interest rates again

Asian stock markets mostly rose Monday ahead of what is expected to be a Federal Reserve decision this week to raise interest rates again amid investor hopes the U.S. central bank will scale back plans for more increases.

Tokyo, Sydney and Seoul advanced while Hong Kong and Shanghai declined. Oil prices fell. The euro stayed below $1.

Wall Street ended last week higher after Apple and other big companies reported strong profits and a closely watched measure of inflation accelerated in September.

The Fed is widely expected at this week’s meeting to announce another rate hike of 0.75 percentage points, three times its usual margin. Investors are looking for signs officials are satisfied that earlier increases imposed to cool inflation that is near a four-decade high are working and future increases can be smaller.

Investors worry rate hikes by the Fed and other central banks to cool inflation might tip the global economy into recession. The U.S. central bank has raised its benchmark lending rate to a range of 3% to 3.25% from close to zero in March.

“The tone from Fed Chair Jerome Powell will be important” after this week’s meeting, said Yeap Jun Rong of IG in a report. Investors are looking for “increased concerns on economic conditions” instead of the “current head-on resolve to tame inflation.”

The Nikkei 225 in Tokyo gained 1.8% to 27,587.46, as the government reported that retail sales rose in September, though industrial production weakened.

The Shanghai Composite Index shed 0.8% to 2,893.48 after a manufacturing survey showed a weakening in production and demand. Hong Kong’s Hang Seng dropped 1.3% to 14,671.10.

The Kospi in Seoul added 1.1% to 2,293.61 and Sydney’s S&P-ASX 200 gained 1.2% to 6,863.50. New Zealand and Southeast Asian markets also gained.

On Wall Street, the benchmark S&P 500 index rose 2.5% on Friday after U.S. government data showed consumer prices rose 6.2% over a year earlier September, the same as the previous month’s rate.

Core inflation, which removes volatile food and energy prices to show the underlying trend, accelerated to 5.1% from August’s 4.9%. Powell and other Fed officials have said they are ready to keep interest rates elevated until they are sure inflation is extinguished.

The Dow Jones Industrial Average rose 2.6% and the Nasdaq composite climbed 2.9%.

Earlier in the weak, Facebook operator, Meta Platforms Inc. lost nearly a quarter of its stock market value after reporting a second straight quarter of revenue decline. TikTok. Microsoft Corp. and Google’s parent company, Alphabet Inc., also reported slowdowns in key areas.

Also Friday, government data showed wage increases for American workers were in line with expectations. Powell has cited wages as one measure the Fed is watching as it decides whether to raise rates.

The yield on the two-year Treasury, which tends to track expectations for Fed action, rose to 4.42% from 4.28% late Thursday. The 10-year yield, which helps set rates for mortgages and many other loans, climbed to 4.03% from 3.93%.

In energy markets, benchmark U.S. crude lost 86cents to $87.04 per barrel in electronic trading on the New York Mercantile Exchange. The contract fell $1.18 to $87.90 on Friday. Brent crude, used to price international oils, retreated 97 cents to $92.80 per barrel in London. It declined from $1.19 on Friday to $95.77.

The dollar rose to 147.95 yen from Friday’s 147.53 yen. The euro edged down to 99.44 cents from 99.55 cents.

Source: abcNEWS

Related Posts

5 of today’s most read: Global markets in chaos as tariff war explodes
Financial insights

Global markets closed mixed as US jobs data and trade tensions shape sentiment

by newshub
17 hours ago

On Friday, 6 June 2025, global stock markets closed with mixed results, driven by a combination of a stronger-than-expected US...

Read moreDetails
European markets open cautiously amid global optimism

European markets edge lower after ECB rate cut and political shocks

2 days ago
Auto DUS – Falling stocks, climbing mortgage rates: how 5% Treasury yields could roil marketsraft

Markets await jobs data as Asia mixed and ECB hints at pause

2 days ago
EU-UK relations: Council greenlights extension of current rules of origin for electric vehicles until the end of 2026

Markets steady as Europe opens quietly and Wall Street braces for tech data

3 days ago
Asian shares fall as China protests, lockdowns cloud outlook

Asia mixed as Europe awaits ECB, US eyes data

3 days ago
Wall Street selloff caps brutal week for markets as Trump tariffs rattle investors

Wall Street hesitates as jobs data disappoint and trade tensions rise

3 days ago
No Result
View All Result

Recent Posts

  • Dior appoints Jonathan Anderson as sole Creative Director in bold creative shift
  • Vasyl Malyuk: The ‘Bulldog’ behind Ukraine’s Spiderweb strikes on Russian airfields
  • ‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud
  • Giant ‘doomsday’ oarfish washes up on Tasmania’s remote west coast
  • Carney invites Modi to G7 amid unresolved tensions over Sikh activist’s killing

Recent Comments

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Meta

    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org

    Recent Posts

    • Dior appoints Jonathan Anderson as sole Creative Director in bold creative shift
    • Vasyl Malyuk: The ‘Bulldog’ behind Ukraine’s Spiderweb strikes on Russian airfields
    • ‘Full porting Bitcoin’ could be Musk’s Trump card in escalating feud
    • Giant ‘doomsday’ oarfish washes up on Tasmania’s remote west coast
    • Carney invites Modi to G7 amid unresolved tensions over Sikh activist’s killing

    Categories

    • Africa
    • AI
    • An diesem Tag
    • Asia
    • Australia
    • Banking
    • Best chefs
    • Biden
    • Blockchain
    • Blockchain technology
    • Carbon
    • Central Banks
    • China
    • Climate
    • Climate & Energy
    • Coal
    • Cocktail of the week
    • Commodities
    • Corporate
    • Crypto
    • Deutsch
    • Deutsch PR
    • English PR
    • Europe
    • Financial insights
    • Focus on neobanking
    • Gas
    • Global news
    • Harris
    • History
    • India
    • Influential women
    • Invest and Rest
    • Italiano PR
    • Japan
    • Lifestyle
    • Metaverse
    • MSTRpay
    • Neobanking
    • News
    • newshub special
    • newshub-special
    • NFT
    • Nobel Prizes 2024
    • Nuclear
    • Oil
    • Press
    • Press releases
    • Pressroom
    • Renewable
    • Russia
    • Solar
    • South America
    • South East Asia
    • Stock of the week
    • Stocks
    • Svensk PR
    • Tech
    • Trump
    • Trump trials
    • UFO
    • UK
    • UK News
    • Ukraine
    • US
    • US politics
    • Waves
    • WEX
    • Wind

    Archives

    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    newshub

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure

    • Global news
    • Financial insights
    • Fin & tech
    • Climate & energy
    • Lifestyle
    • WEX

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Global news
    • Financial insights
      • Africa
      • Asia
      • Australia
      • Central Banks
      • China
      • Commodities
      • Europe
      • Banking
      • Corporate
      • Neobanking
      • Investment
      • Japan
      • South East Asia
      • Stock of the week
      • UK
      • US
    • Fin & tech
      • AI
      • Blockchain
      • Crypto
      • MSTRpay
      • Tech
    • Climate & energy
      • Climate
      • Carbon
      • Coal
      • Disruptive
      • Gas
      • Nuclear
      • Oil
      • Solar
      • Water
      • Waves
      • Wind
      • Renewable
      • South America
    • Lifestyle
      • Best chefs
      • Cocktail of the week
      • History
      • Influential women
    • WEX
      • Alt Kap Holding AB
      • Digital Network Holding, Inc.
      • Fantas-E AB
      • International Clean Energy Inc.
      • Intritum Partner Limited
      • Intritum Recycling GH Limited
      • MSTRpay AB
      • SWAP Services, Inc.
      • VMT Holding, Inc.
      • Universal Streaming Technologies – USTA
      • TC Unterhaltungselektronik AG

    © 2023-2025
    MSTRpay & PAXIT
    Legal & Disclosure