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Australia, South Korea stocks dip
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Australia, South Korea stocks dip

An electronic board displays stock information at the Australian Securities Exchange, operated by ASX Ltd., in Sydney, Australia, on Tuesday, Feb. 6, 2018. Brendon Thorne | Bloomberg via Getty Images Asia-Pacific shares slipped on Friday as investors continue to weigh the Federal Reserve’s aggressive stance. In Australia, the S&P/ASX 200 opened slightly higher but gave...

Fed hike, Bank of Japan, interest rates, currencies
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Fed hike, Bank of Japan, interest rates, currencies

Fed hike likely to keep Asian risk assets under pressure, JPMorgan says Asian risk assets, especially export-oriented companies, will remain under pressure in the short term following the Fed’s rate hike, according to Tai Hui, chief APAC market strategist at JPMorgan Asset Management. Tai added that a strong U.S. dollar is likely to persist, but...

Fed interest rates, Wall Street, currencies, yields
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Fed interest rates, Wall Street, currencies, yields

The Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Monday, Nov. 30, 2020. Toru Hanai | Bloomberg via Getty Images Futures in the Asia-Pacific are set to open lower Wednesday, following Wall Street’s negative lead as investors await the Federal Reserve’s interest rate decision. The Nikkei futures contract...

Japan CPI inflation, China loan prime rate, currencies
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Japan CPI inflation, China loan prime rate, currencies

Tech, casino stocks in Hong Kong buoy broader index Australia’s central bank says the argument for slower rate hikes strengthening The Reserve Bank of Australia (RBA)’s board members “saw the case for a slower pace of increase in interest rates as becoming stronger,” according to minutes from its Sept. 6 meeting, where it raised its...

Stocks fall, Chinese yuan crosses 7 level
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Stocks fall, Chinese yuan crosses 7 level

Pedestrians cross a road in front of an electronic quotation board displaying the numbers of company stock prices on the Tokyo Stock Exchange in Tokyo on May 13, 2021. KAZUHIRO NOGI | AFP via Getty Images Shares in the Asia-Pacific fell Friday as investors digest U.S. economic data and look ahead to the release of...

Asia markets mixed, Shenzhen stocks fall, China keeps MLF steady
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Asia markets mixed, Shenzhen stocks fall, China keeps MLF steady

Chinese yuan could weaken past 7 against the dollar by year-end, says Credit Suisse The Chinese yuan could weaken to 7.05 against the U.S. dollar by year-end, said Max Lin, Asia FX and rates strategist at Credit Suisse. The 7 level is “not really a red line” for the country’s central bank anymore, he said,...

Stocks drop after Wall Street plunge on U.S. CPI
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Stocks drop after Wall Street plunge on U.S. CPI

A pedestrian walks past an electronic quotation board displaying share prices of the Tokyo Stock Exchange in Tokyo on June 16, 2020. Kazuhiro Nogi | AFP | Getty Images Shares in the Asia-Pacific dropped sharply on Wednesday after indexes on Wall Street plunged following a higher-than-expected U.S. consumer price index report for August. Japan’s Nikkei...

Bond yields dip ahead of key August inflation report
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Bond yields dip ahead of key August inflation report

U.S. Treasury yields were lower on Tuesday as markets braced for another key inflation reading that could help determine the path of rate hikes for the Federal Reserve. The yield on the benchmark 10-year Treasury note was lower by nearly 5 basis points, trading at 3.314%. The yield on the 30-year Treasury bond was down 4 basis points at...

Asia markets rise, South Korea stocks pop ahead of U.S. CPI report
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Asia markets rise, South Korea stocks pop ahead of U.S. CPI report

A man looks at an electronic quotation board displaying stock prices on the Tokyo Stock Exchange in Tokyo on August 2, 2022. Kazuhiro Nogi | AFP | Getty Images Asia-Pacific markets were higher on Tuesday as investors look ahead to the U.S. inflation report for the month of August. The Nikkei 225 in Japan gained...