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Asian stocks rise as tech tracks Nvidia rally; Japan surges on soft inflation

Most Asian stocks rose on Thursday, with technology shares rallying after Nvidia’s strong performance, while Japanese markets surged due to weaker-than-expected producer inflation, which countered recent hawkish signals from the Bank of Japan (BOJ). Technology stocks across the region followed their U.S. counterparts higher after NVIDIA Corporation (NASDAQ: NVDA) CEO Jensen Huang highlighted robust demand […]

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wall street

S&P 500 ends slightly higher but banks and energy weigh

Wall Street’s S&P 500 index closed 0.5% higher on Tuesday, but concerns over slowing economic growth limited gains. Meanwhile, the Dow dipped as banking stocks slumped following warnings of weaker-than-expected performance, and energy stocks also struggled. Energy was the worst-performing sector among the S&P 500’s 11 industry groups, declining by 1.9% as crude oil futures

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#Oil_prices

Oil prices rise from near 3-year low with Francine impact, inventories in focus

Oil prices rebounded from a near three-year low in Asian trading on Wednesday, as traders awaited the impact of Hurricane Francine on production in the Gulf of Mexico. The market also found support from unexpected data showing a weekly draw in U.S. oil inventories. However, the recovery followed steep losses on Tuesday, driven by disappointing

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Fed’s upcoming projections to signal deeper cuts than previously expected: Citi

Citi analysts suggest that the Federal Reserve’s updated projections will likely indicate a more aggressive approach to cutting interest rates than previously anticipated, as the central bank seeks to support the economy. In a recent note ahead of next week’s monetary policy meeting, the analysts highlighted that policymakers may revise both the unemployment rate and

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Trump

Harris V. Trump debate: candidates trade barbs over economy, immigration

  Harris and Trump Clash Over Economy in First Presidential Debate Vice President Kamala Harris and former President Donald Trump engaged in their first presidential debate on Tuesday evening, focusing primarily on the state of the U.S. economy. Harris criticized the economic policies of Trump’s administration, accusing it of harming the economy. She reaffirmed her

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Wall Street indexes bounce back as investors await inflation data, Fed rate cuts

Wall Street Rallies Over 1% as Investors Seek Bargains Amid Rate Decision Uncertainty Wall Street’s three major indexes surged over 1% on Monday as investors hunted for bargains following last week’s sell-off, while waiting for crucial inflation data and the Federal Reserve’s upcoming policy decision next week. Last week’s market retreat, driven by weaker-than-expected August

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Oil steady as supply disruptions from Storm Francine offset weak demand

Oil Holds Steady as Investors Weigh Supply Disruptions and Weak Chinese Demand Oil prices remained stable in early trading on Tuesday as investors balanced the impact of supply disruptions caused by Tropical Storm Francine against ongoing concerns about weak demand from China. Brent crude futures edged up by 16 cents, or 0.22%, to $72.00 per

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free signal

Asia shares rise with focus on US inflation test, Fed meet

Asian Stocks Edge Higher Amid Wall Street Rebound, But China’s Economic Struggles Weigh on Sentiment Asian markets reversed early losses to post modest gains on Tuesday, following a strong rally on Wall Street. However, concerns over the still-weak Chinese economy kept investors cautious. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2%, recovering slightly

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