After four straight 75-basis point hikes earlier in 2022, the US Federal Reserve raised its overnight borrowing rate by another 50 basis points in December
Japan is set to tweak its 2% inflation targeting policy, possibly giving the central bank more wiggle room
Asian shares fell while the dollar drifted higher at the start of a hectic week, as markets awaited a flurry of rate decisions from the US Federal Reserve, the European Central Bank and others
Expectations that China would gradually loosen its zero-Covid policy and open up its economy also lifted sentiment
Powell's comments at the Brookings Institution in Washington sent Wall Street equities soaring, while the U.S. dollar and Treasury yields fell
Shares of Chinese property companies surged after the country's securities regulator lifted a ban on equity refinancing for listed property firms
China, the world's top oil importer, has stuck with zero-Covid policy even as much of the world has lifted most restrictions
Asian shares tracked Wall Street higher on Thursday, buoyed by signals the US Federal Reserve may slow the pace of interest rate hikes and news of fresh economic stimulus from China
Asian share markets were mostly in positive territory on Wednesday despite rising Covid cases in China
Renewed expectations the Fed will keep hiking rates have increased concerns about the economic outlook
Wall Street ended sharply higher Monday as investors focused on Tuesday's midterm elections that will determine control of Congress
MSCI's broadest index of Asia-Pacific shares outside Japan was 1.09% higher, while Australia's S&P/ASX 200 index rose 0.27%.
Investors were initially cheered that the Fed at least opened the door to a slowdown in the pace of hikes after raising interest rates 75 basis points to 3.75-4.0%
Asian stock markets followed Wall Street higher on Wednesday as hopes rose that the Federal Reserve might ease off plans for interest rate hikes and Britain installed its third prime minister this year. Shanghai, Tokyo, Hong Kong and Sydney gained. Oil prices declined. Wall Street's benchmark S&P 500 index rose for a third day after bond prices rose, suggesting some investors expect the Fed to ease off rate hikes as economic activity cools. Traders see weaker US housing prices and other data as support for a dial back of Fed plans at its December meeting, said Vishnu Varathan of Mizuho Bank in a report. The new British prime minister, Rishi Sunak, warned Tuesday of a profound economic crisis, but his arrival appeared to reassure rattled markets. The battered pound edged higher against the US dollar. The Shanghai Composite Index rose 1.4% to 3,018.59. The Nikkei 225 in Tokyo jumped 2.4% to 15,531.83 ahead of the expected release of a stimulus package this week that reportedly coul
A sustained recovery in Asian markets, Nomura said, will largely depend on how the Covid situation and the ensuing curbs put in place to combat the pandemic in China plays out going ahead
Asia stocks nudged higher as the dramatic U-turn in British fiscal policy brightened investor sentiment, while the US dollar took a breather at its lowest levels in more than a week
Oil prices struggled to find their footing in early Asian trade after a weakening global demand outlook depressed the market in the last session
Asian stocks wallowed at two-year lows, after a strengthening dollar, instability in the UK bond market, and upcoming US inflation data spelled a wild session on Wall Street
Asian stockmarkets fell and the dollar rose on Tuesday with investors worried about rising interest rates and an escalation in the Ukraine war
It's highly likely these markets are bottoming amid "abundant" signs of capitulation, the investment bank's strategists including Jonathan Garner wrote in note