Friday 3 May 2024
 
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Federal rate hike

Asian stocks steady, oil volatile as Fed looms large

Asian shares steadied in cautious early trade on Tuesday, as investors were reluctant to make any big moves amid volatile crude oil and before a widely anticipated US interest rate increase by the Federal Reserve later this week.

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Global stocks tumble amid oil’s 7-year lows

Stock markets worldwide tumbled on Friday, Brent crude oil prices fell to seven-year lows and China's yuan currency sank on risk aversion ahead of a widely anticipated US interest rate increase next week and worries over economic growth.

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Asian shares hit 1-month low on global growth worries

Asian shares slipped to one-month lows on Tuesday as the spectre of higher borrowing costs in the United States and slower global economic growth prompted investors to trim their exposure to riskier assets. MSCI's broadest ind

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Dollar surges; lifts Fed rate hike odds

The dollar jumped to a seven-month high, pushing oil prices lower, and short-term US bond yields rose to their highest in five years on Friday after strong US jobs data bolstered expectations that the Federal Reserve will raise interest rates in

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Stocks slip, but post best month in 4 years

Oil gained on Friday while stocks on Wall Street closed lower even as major US and European stock indices posted their best month in at least four years, boosted in part by accommodative monetary policies in the euro zone and Japan.

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Asian shares rise on fading Fed tightening view

The prospect of a delay in the US Federal Reserve's plan to raise interest rates and signs of some stability in oil and commodity markets boosted Asian stocks on Tuesday. MSCI's broadest index of Asia-Pacific shares outsid

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