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Asian Openers Mixed; Treasuries Fall on Powell Speech: Market Roundup

(Bloomberg) -- Jerome Powell's hawkish comments helped push the Standard & Poor's 500 Index (S&P 500) down for the third straight time, causing two-year Treasury yields to briefly hit 5% and Asian stocks to open mixed. Bloomberg's Most Read U.S. Yields Surge as Powell's Hawkish Remarks Make 5% Possible: Market RoundupDubai Stalls as Clouds Sow Seeds to Exacerbate FloodingChina Tells Iran Carburetor Work Will Continue After Israel AttackIf Fed Rate Hikes Really Triggered a Boom in the U.S. Economy?

Asian Stocks to Fall as U.S. CPI Hits New High: Market Roundup

(Bloomberg) -- Asian stocks started the morning session lower after higher-than-expected U.S. inflation data supported the view that the Federal Reserve is likely to keep interest rates higher for longer. Bloomberg's top reads U.S. Sees Missile Attacks by Iran, Proxies on Israel Looming U.S. Slams Attack on Russian Oil-Smelting Plants as Risk to Oil Market U.S. Inflation Refuses to Bend, Adding to Worries It Will Persist China Cement Producer Halts Production After Plummeting 991TP in 15 Minutes 3T The S&P 500 was hit by the Fed's switching of the ropes and war jitters. The S&P 500 has been hit by the Fed's reversal of interest and war jitters.

Asian equities to be high ahead of US inflation: Market Roundup

(Bloomberg) -- Asian stocks mostly advanced after U.S. equities rallied and bonds climbed ahead of key inflation data that will help shape the outlook for the Fed's next move." Bloomberg Most Read Iran's Better, Stealthier Drones Are Reshaping Global WarfareTrumpism Is Hollowing Out ChurchesUkraine Claims to Be Be Behind Russian Ship Fires in the BalticBillionaire Geiger, Blackstone Nearing L'Occitane DealS&P 500 Rallies Late, CPI in Focus: Market RoundupToday's Currencies

Asian Stocks Set to Rise; Bond Yields Hit 2024 Highs: Market Roundup

(Bloomberg) -- Asian stocks are set to gain ground Tuesday morning after U.S. benchmarks traded lower and Treasuries got off to an unfavorable start to the week ahead of key inflation data. Bloomberg's Most Popular ReadsTrumpism is emptying the churchTrump's media documentary drops from debut to down 36%, losing billionsGermany to order ships and armored vehicles worth as much as 7 billion eurosWhy southern India rejected Modi-and why it mattersBlackRock's $10 billion deal is the latest to bet on real estate near the lowsTokyo Stock Market Futures Prices

US Dollar strengthens on hesitant Asian stocks as US non-performance data undermines Fed's rate cut expectations

Asian stocks started the week on a downbeat note and the dollar strengthened as investors weighed when the U.S. Federal Reserve would start cutting interest rates after another blowout jobs report. Oil prices fell nearly 2% as tensions eased in the Middle East after Israel withdrew more soldiers from southern Gaza, while gold prices fell 1% after hitting a record high on Friday as U.S. Treasury yields continued to rise. "On the positive side, the resumption of growth suggests the economy is far from recession, but it could also mean the Fed will keep interest rates higher for longer".
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