MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.7%. The index is down 3.8% so far this month. U.S. stock futures, the S&P 500 e-minis, were up 0.27%
Fed is expected to deliver another 75-basis-point interest rate hike in July, followed by a half-percentage-point rise in September
Nasdaq futures climbed 0.68%, building on Friday's gains while S&P 500 futures rallied 0.5%.
World stocks are down 5.7% for the week so far, on course for the steepest weekly percentage drop in more than two years
Global stock markets were mixed Tuesday after a bond sell-off on Wall Street fuelled anxiety about a possible U.S. economic slowdown and Australia raised interest rates. London, Shanghai and Hong Kong declined. Frankfurt opened higher and Tokyo gained. The yen, trading at two-decade lows, fell further to almost 133 to the dollar. Wall Street futures were lower after the benchmark S&P 500 index rose 0.3% on Monday and the market price of a 10-year Treasury bond fell. That increased its yield, or the difference between the day's price and the payout at maturity. The difference between short- and long-term Treasury yields is narrowing, which is making me a little nervous, because it suggests investors think a U.S. recession is more likely, said Jeffrey Halley of Oanda in a report. I don't think the U.S. is at stagflation yet, or a period with high inflation and low growth, but if oil stays above $120.00 a barrel, it might soon be, Halley said. In early trading, the FTSE 100 in Londo
The European Central Bank meets on Thursday, though it is not expected to begin raising interest rates until July, with rate setters at the US Federal Reserve and Bank of England gathering next week
The combined equity values of the 24 nations classified as emerging markets by MSCI Inc. has fallen $4 trillion since a peak in early 2021
NEW YORK (Reuters) - Global equity markets rebounded after the S&P 500 pared losses that briefly took it into bear market territory, and the dollar gained on Friday, as investor unease about Federal Reserve policy tightening to curb inflation kindled fears of a recession.
European markets opened lower while Asian stocks advanced Wednesday as investors saw signs of possible progress in talks on ending Russia's war on Ukraine. London and Frankfurt declined. Shanghai and Hong Kong gained while Tokyo retreated. Oil rose more than $2 per barrel. Wall Street futures were lower after US stocks gained Wednesday following Russia's announcement it would scale back military operations near Ukraine's capital, Kyiv, and a northern city. This was a nice add-on catalyst to a market rally already under way, said Clifford Bennett of ACY Securities in a report. In early trading, London's FTSE 100 lost 0.1% to 7,529.06 and the DAX in Frankfurt sank 1.3% to 14,631.35. The CAC 40 in Paris shed 1% to 6,720.90. On Wall Street, futures for the benchmark S&P 500 index and the Dow Jones Industrial Average were down 0.4%. On Tuesday, the benchmark S&P 500 index rose 1.2% and the Dow advanced 1%. The Nasdaq composite added 1.8%. More than 85% of the stocks in the S&P .
According to Refinitiv Lipper, a cumulative $8.1 billion has flowed out of EM equity funds and $5.73 billion from bond funds in the past four weeks
Investors are expecting the U.S. Federal Reserve to raise interest rates by at least 25 basis points amid surging prices later on Wednesday.
A certain number of NSE IFSC depository receipts are required to make up one underlying share
European shares sink into correction territory; Euro heads for worst week vs dollar in nearly 2 years
Since it was thrown open to investors in last November, the platform has logged 148 trades and registered 180 users, including NRIs and resident Indians
World stocks crept higher on Wednesday, while assets such as government bonds and gold lost ground, despite Western doubt of Russian claims of troops pullback from Ukraine's borders.
Economists warned that US sanctions on Russia would have a severe impact on food, energy and metal prices
Facebook owner Meta Platforms surged more than 5%, ending four sessions of deep declines that saw it lose almost a third of its value.
Crude oil eyed seven-year highs and the dollar eased. On Wall Street, the Dow Jones Industrial Average rose 0.63% and the S&P 500 gained 0.94%.
Wall Street edged higher on Monday after a rise in European shares helped stabilize investor sentiment after a series of volatile sessions
By Tommy Wilkes