Tag: powell

Asian stocks: China rises, others mixed as Powell dampens rate cut hopes

 stock analyst  04/17/2024  0 Comments on Asian stocks: China rises, others mixed as Powell dampens rate cut hopes

Investing.com– Most Asian stocks moved in a flat-to-low range on Wednesday amid waning expectations for U.S. interest rate cuts, while Chinese markets advanced amid some signs of economic recovery.

Asian shares mixed as Fed\’s Powell rethinks rate cuts, yields jump

 stock analyst  04/17/2024  0 Comments on Asian shares mixed as Fed\’s Powell rethinks rate cuts, yields jump

Asian shares reacted to the dollar\’s strength amid U.S. rate cut uncertainty. Markets saw mixed performances, with various currencies and indices responding differently. Powell\’s cautious stance and IMF\’s growth forecast added to the market dynamics.

Asian shares mixed as Fed\’s Powell rethinks rate cuts, yields jump

 stock analyst  04/17/2024  0 Comments on Asian shares mixed as Fed\’s Powell rethinks rate cuts, yields jump

Asian shares reacted to the dollar\’s strength amid U.S. rate cut uncertainty. Markets saw mixed performances, with various currencies and indices responding differently. Powell\’s cautious stance and IMF\’s growth forecast added to the market dynamics.