Asian stocks: Asian stocks rally on Fed cut hopes, Yen climbs: Markets wrap

Asian stocks: Asian stocks rally on Fed cut hopes, Yen climbs: Markets wrap

Asian equities and US futures were broadly higher Thursday on firming signs the Federal Reserve will soon cut interest rates. Japanese stocks fell to reflect a stronger yen. Equities in Australia and South Korea rose alongside Hong Kong share futures. Contracts for the S&P 500 and the Nasdaq 100 both climbed to compound Wednesday’s advances … Read more

Asian stocks: Asian stocks mixed as dollar up on Trump-win bets: Markets wrap

Asian stocks: Asian stocks mixed as dollar up on Trump-win bets: Markets wrap

Asian stocks were mixed as the US dollar rose after the attempted assassination of Donald Trump reinforced bets that his chances of winning the presidential election have increased. A Bloomberg gauge of the greenback’s strength against major peers climbed 0.2% in Asia while S&P 500 contracts were little changed. US Treasury futures fell, indicating yields … Read more

Asia shares: Asian shares eye five-month winning streak; yen buckles under dollar strength

Asia shares: Asian shares eye five-month winning streak; yen buckles under dollar strength

SINGAPORE: Asian stocks were headed for a fifth straight month of gains on Friday, bolstered by the growing view that cooling inflation in the United States would allow the Federal Reserve to ease rates later this year. Friday is packed with risk events for markets after a relatively subdued rest of the week, with U.S. … Read more