Current location:sport >>
Stock market today: Asian benchmarks are mixed while US seems committed to current rates
sport4People have gathered around
IntroductionTOKYO (AP) — Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interes ...
TOKYO (AP) — Asian shares were trading mixed Wednesday, as expectations resurfaced that U.S. interest rates may stay high for a while.
Japan’s benchmark Nikkei 225 dipped 0.5% in afternoon trading to 38,296.69. Australia’s S&P/ASX 200 edged up less than 0.1% to 7,618.50. South Korea’s Kospi was little changed, inching down to 2,608.93. Hong Kong’s Hang Seng slipped 0.2% to 16,219.84, while the Shanghai Composite gained 1.1% to 3,040.72.
The mixed reaction came after Federal Reserve Chairman Jerome Powell said at an event Tuesday that the central bank has been waiting to cut its main interest rate, which is at its highest level since 2001, because it first needs more confidence inflation is heading sustainably down to its 2% target.
“Appetite for risk-taking remains weak, with Federal Reserve Chair Jerome Powell validating a later timeline for rate cuts, alongside a raft of Fed speakers calling for more patience in easing,” said Yeap Jun Rong, market analyst at IG.
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“International Iterations news portal”。http://www.videocameralive.com/article-00a399658.html
Related articles
Chinese business group 'shocked, dissatisfied' over EU raids on Chinese company
sportThe China Chamber of Commerce to the European Union (CCCEU) said on Tuesday that it is "extreme ...
【sport】
Read morePrince Louis wore Prince George's £25 hand
sportPrince Louis wore a hand-me-down from his big brother Prince George for his sixth birthday portrait. ...
【sport】
Read moreYoungkin will visit Europe for his third international trade mission as Virginia governor
sportRICHMOND, Va. (AP) — Glenn Youngkin will visit Germany, Denmark, Finland and Switzerland next week f ...
【sport】
Read more
Popular articles
- China to hold first space cooperation forum with LatAm, Caribbean countries
- The human foods that could be making your dog fat, revealed
- New Jersey Democrat Rep. Donald Payne Jr. dies at 65 after heart attack
- Grant Shapps swerves questions on whether Britain could follow the US by banning Chinese
- English Premier League takes another step toward introducing a spending cap
- Protests at US campuses are pressing colleges to cut financial ties with Israel
Latest articles
Chinese ballet to illuminate Dutch stadium
REBECCA ENGLISH: Portrait of cricket
Four people in hospital after Household Cavalry horses' six
Former Wisconsin college chancellor fired over porn career is fighting to keep his faculty post
Politicians, dog experts vilify South Dakota Gov. Kristi Noem for killing her dog
How Republican
LINKS
- Antique book archive inaugurated in Beijing
- Meet Donald Trump's glamorous right
- East China's Suzhou to hold cultural event in Singapore
- 11 killed in suspected IS attack in Syrian desert region: war monitor
- Cedric Mullins shines with his glove and bat as the Orioles down the Twins 7
- Death toll in Italy's power plant explosion rises to 5
- Inside the lab where volunteers are paid £14,000 to lie upside down for 60 days NON
- North America witnesses total solar eclipse
- James Martin shares health update as he returns to TV following cancer battle
- Inside the lab where volunteers are paid £14,000 to lie upside down for 60 days NON