Tag: 亞洲市場

Across the Pacific, the investment banking industry is not exactly booming.

Asian investors hoping for some relief from soaring U.S. bond yields and a ravaging dollar were deflated by Federal Reserve matron Jerome Powell's remarks on Tuesday, and will likely be on guard in Wednesday's trading. "Rather than giving us greater confidence, the recent data clearly suggests that realizing that confidence may take longer than expected," Powell said in Washington, a signal from the world of the Bubbles that inflation will not fall back to the central bank's 2% target as quickly as expected, and so interest rates will have to stay higher for a longer period of time. The "longer-term move higher" also seems to apply to the US dollar, bond yields and financial condition indices - a suboptimal grouping for Asian assets that are already feeling the heat.

Asian markets on Monday aim to start the week on an optimistic note with a week filled with top economic indicators and policy decisions, as another set of U.S. job growth data that shattered expectations on Friday triggered a sharp rally on Wall Street. Asian markets on Monday will focus on Japan's trade and current account data, Malaysia's industrial production and the Philippines' interest rate decision. Japan's Nikkei 225 index is set to rebound from Friday's 2% decline, which was the biggest drop since December 2022, after falling 3.4% for the week.