Asian Shares Advance, Dollar Soft as Markets Decide Omicron Fallout Limited
Zeno Markets 8
A global share rally continued in early Asian trading on Thursday and the safe haven dollar was on the back foot as markets took cheer from positive signs about the impact of the omicron variant of COVID-19 and U.S. …
Stock Futures Are Flat Following Dow’s 500-Point Rebound
Stock futures opened flat on Tuesday night after the major averages rebounded from a three-day losing streak spurred by fears about the omicron Covid variant. …
Funds Shunning India Turns Rupee Into EM Asia’s Worst Currency
The Indian rupee is set to end a tumultuous year as Asia’s worst-performing emerging market currency with foreign funds fleeing the nation’s stocks. …
The Bond Market Isn’t Buying Fed’s Sketch of Rate Hike Plans
Bond Market traders suspect the Federal Reserve will quickly discover it’s being too ambitious with its newly hawkish stance. …
Stocks Making the Biggest Moves Midday: Fedex, Oracle, Johnson & Johnson and More
Johnson & Johnson — Shares of Johnson & Johnson fell 2.7% after the Centers for Disease Control and Prevention recommended Moderna and Pfizer vaccines for Covid-19 over the Johnson & Johnson vaccine on Thursday. …
S.korea Stocks Inch Higher as Strong Foreign Buying Offsets Global Cenbank Moves
South Korean shares edged up on Friday, as strong buying by foreign investors offset more hawkish-than-expected moves from major central banks, while Omicron coronavirus variant fears also weighed on sentiment. …
Asian Stocks Rise With Bond Yields As Fed Outcome Boosts Risk Sentiment
Asian stocks followed Wall Street higher on Thursday after the U.S. Federal Reserve said it would end bond-buying stimulus in March to set up three interest rate increases next year to tackle heated inflation. …
Asia Stocks Mixed, U.S. Futures Steady Before Fed: Markets Wrap
Asian stocks were mixed Wednesday and U.S. equity futures were steady as traders braced for a faster withdrawal of Federal Reserve stimulus and evaluated signs of slowing Chinese economic growth. …
Stock Futures Muted Ahead of Key Inflation Data, Fed Meeting
U.S. stock index futures were little changed during early morning trading on Tuesday after the major averages started the week in the red as Covid omicron fears hit sentiment. …
Gold Poised for 4th Weekly Fall on Jitters Ahead of U.s. Inflation
Gold Poised edged higher on Friday but were headed for a fourth straight weekly fall as investors stayed away from making big bets ahead of U.S. inflation data that could prompt the Federal Reserve to scale back its bond purchases at a faster pace. …
