Asian Stocks Rise as U.S. Jobs Pare September Rate Hike Outlook
Asian Stocks Rise as U.S. Jobs Pare September Rate Hike Outlook
Asian stocks rose, following U.S. shares higher, after weaker-than-expected payrolls data in the world’s biggest economy tempered speculation the Federal Reserve may raise interest rates as soon as this month.
Bloomberg
Bloomberg
Dollar Succumbs to Emerging-Market Peers as Oil Whipsawed at $45
Dollar Succumbs to Emerging-Market Peers as Oil Whipsawed at $45
The dollar weakened and developing-nation currencies rose after U.S. jobs data damped speculation that the Federal Reserve will raise interest rates this month. Oil surged, then pared gains as Saudi Arabia’s energy minister released details of talks with Russia.
Bloomberg
Bloomberg
Treasuries Climb, Nasdaq Hits Record as Fed Hike Wagers Decline
Treasuries Climb, Nasdaq Hits Record as Fed Hike Wagers Decline
Treasuries rallied, while the dollar slumped after data showing anemic expansion in U.S. services industries bolstered speculation that the Federal Reserve will keep interest rates lower for longer. The Nasdaq Composite Index climbed to a record high.
Bloomberg
Bloomberg
U.S. Stocks Hover Near Records as Dollar Rises; Oil Extends Jump
U.S. stock indexes held near record levels, while the dollar gained as traders digested mixed data on the world’s largest economy amid bets interest rates will stay low.
Bloomberg
Bloomberg
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Rupee Jumps to 4-Month High as Patel Begins Innings as RBI Chief
India’s rupee jumped to the highest level since early May and stocks rallied as local markets opened after a public holiday.
Bloomberg
Bloomberg
Abe’s Adviser Hamada Says BOJ Should Wait for Fed Before Acting
The Bank of Japan should wait until after the U.S. Federal Reserve decides on interest rates before acting itself, said Koichi Hamada, an economic adviser to Prime Minister Shinzo Abe.
Bloomberg
Bloomberg