Australia Archives

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 Gather Momentum, Watch for Daily RMB Pricing: Market Review

(Bloomberg) -- Asian stocks are set to follow Wall Street higher after jobs data released Friday signaled a strong U.S. economy. Bloomberg's "Most Read":Royal Bank of Canada Fires Chief Financial Officer Ahn Jae-mong After Probe of Personal TiesTrumpism Is Hollowing Out ChurchesSaudis Scale Back $1.5 Trillion Desert ProjectNeom's AmbitionsTurkey Joins NATO Allies in Suspending European Arms PactMa resoner紥尅尅berg's Wealth Surpasses Elon Mason's for the First Time Since 2020Stock Futures in Australia, Japan and the U.S. Stock futures in Australia, Japan and the U.S. have all risen in price.

China's crowded wine market offers no lifeline to struggling global industry

Australia's wine industry has been encouraged by news that China is set to lift anti-dumping tariffs and reopen the market to imports, but a tougher economic climate in 2024 is unlikely to deliver the growth in sparkling wine that winemakers are looking for. China has driven the growth of the global wine industry for two decades, as hundreds of millions of its middle class have begun to enjoy wines from Australia, Chile, Italy and France. But Chinese wine industry executives say the market and domestic consumption are still struggling to recover from a downturn that began before the COVID-19 pandemic and has lasted a long time because of the long-term limitations it imposed.

Stocks face pressure ahead of jobs data, yen rebounds: Market Roundup

(Bloomberg) -- Asian stocks followed U.S. shares lower Friday as interest rate uncertainty and geopolitical tensions weighed on sentiment: Market RoundupApple explores home robotics as potential 'next big thing' after car malfunctionsBiden tells Netanya that U.S. support depends on protection of civiliansKim Jong-un faces annihilation in most Korean war scenariosEquities in A

Asian stocks set to rise as Powell reiterates rate cut: Market Roundup

(Bloomberg) -- Asian stocks welcomed a rally Thursday after Jerome Powell reiterated his view that the Federal Reserve may cut interest rates this year:A Million Simulations of the U.S. Economy:Debt Danger AheadTrump Matchmaker's Business Doesn't MatterApple Explores Home Robotics as Potential 'Next Big Thing' After Car WrecksHow Stock Markets Are Going to Evolve in Australia and U.S.

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