Category: jitters
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Asia FX weakens amid China trade jitters; yen rally stalls By Investing.com
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Most Asian currencies fell on Tuesday as concerns about a trade war over new Canadian tariffs on China mounted, while some weak inflation data held back the Japanese yen’s advance. The dollar’s recovery from 13-month lows also weighed on regional markets, as rising geopolitical tensions in the Middle East, Libya…
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Asian stocks fall as growth jitters persist, Nikkei rebound fades By Investing.com
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Most Asian stocks fell on Thursday as the recovery in Japanese markets stalled amid lingering concerns about slowing economic growth and higher interest rates, while technology stocks saw an extended decline. Regional markets got a negative boost from a weak session overnight on Wall Street, as the recovery from multi-month…
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Aave Protocol Unfazed By Market Jitters, Surges 21%
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Crypto lending protocol Aave has resumed its rally as the market resets. The platform’s token, AAVE, has surged nearly 20% in the past 24 hours, riding on momentum Wider The market is still up over 5% since yesterday. Related reading Recent developments at Aave have also contributed to this surge.…
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Aave Protocol Unfazed By Market Jitters, Surges 21%
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Crypto lending protocol Aave has resumed its rally as the market resets. The platform’s token, AAVE, has surged nearly 20% in the past 24 hours, riding on momentum Wider The market is still up over 5% since yesterday. Related reading Recent developments at Aave have also contributed to this surge.…
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Robinhood and Nvidia lead market plunge amid economic jitters
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U.S. stocks fell on Monday, part of a global sell-off, as investors braced for days of volatility amid growing concerns about a slowing U.S. economy and excessive gains in the technology sector. The S&P 500 fell 3%, its biggest daily drop since September 2022, and the tech-heavy Nasdaq 100 fell…
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Hedge funds grow bearish amid economic slowdown jitters, Goldman says By Reuters
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Written by Carolina Mandel NEW YORK (Reuters) – Global hedge funds continued to add bearish bets on stocks to their portfolios in the week to Aug. 1 as fresh data raised concerns that the U.S. economy is slowing faster than expected, Goldman Sachs said in a note to clients. Goldman…
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Tech Stocks Sink as War Jitters Fuel Rush to Bonds: Markets Wrap
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(Bloomberg) — Stock markets were hammered by a broad selloff in the world’s biggest technology companies ahead of key central bank decisions. Bonds and gold rose as traders rushed to safe havens amid geopolitical risks. Oil remained lower. Most Read from Bloomberg The Israeli military struck Beirut, targeting a Hezbollah…
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Asia FX flat amid US-China trade jitters; yen steady amid intervention chatter By Investing.com
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Most Asian currencies were steady on Thursday amid concerns over tougher U.S. trade restrictions on China, while the Japanese yen held steady after rising sharply this week amid suspected interference. Regional currencies have gained in recent sessions amid growing optimism that the Federal Reserve will cut interest rates, which also…
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Asian stocks rangebound amid rate jitters; Powell speech awaited By Investing.com
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Most Asian stocks moved in a narrow range on Tuesday as uncertainty over interest rates, especially ahead of a speech by Federal Reserve Chairman Jerome Powell, kept investors on edge. Regional markets got a moderate signal from a slightly positive close on Wall Street overnight, with the technology sector the…
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Chinese yuan softens, USDCNY at 7-mth high on weak fix, trade jitters By Investing.com
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Investing.com — The Chinese yuan fell on Tuesday, with the key USD/CHN yuan pair hitting a seven-month high after a weak mid-term reform by the People’s Bank of China, while concerns about the trade war with the West were also present. The yuan pair, which measures the number of yuan…
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Oil dips after hitting seven-week highs on demand hopes, war jitters By Reuters
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Written by Deep Kaushik Vakil and Nia Williams (Reuters) – Oil prices fell on Wednesday after hitting a seven-week high, as summer demand optimism and concerns about escalating conflicts outweighed an industry report that said inventories had risen unexpectedly. By 1803 GMT, futures fell six cents, or 0.1%, to $85.33…
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Asian stocks sink as rate jitters mount ahead of CPI data, Fed By Investing.com
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Investing.com — Asian stocks mostly fell on Wednesday on anticipation of more signals on inflation and the Federal Reserve, while reports of more US trade scrutiny against China also weighed on sentiment. Regional stocks received a few positive signals from record closing levels in the and , which were mainly…
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Mexico peso drops more than 3% on jitters over Morena supermajority By Reuters
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Written by Karen Strohecker LONDON (Reuters) – The Mexican peso fell more than three percent against the dollar on Monday after the ruling party had a surprisingly strong performance in the elections and appeared on track to win a landslide that markets fear could lead to constitutional change and the…
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US futures fall further amid rate jitters; PCE test approaches By Investing.com
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Investing.com — U.S. stock index futures fell in overnight trading Thursday, extending losses as fears of higher interest rates and slowing growth led to a two-day rout on Wall Street, with focus now turning to key personal consumption expenditures data for more signals about… Inflation. . Investors were also on…
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EM Asia sees capital outflows in April amid rate jitters, M.East tensions- ANZ By Investing.com
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Investing.com — Emerging markets in Asia, excluding China, saw sharp capital outflows in April, ANZ analysts said in a note, as appetite for risk-driven assets was hit by expectations of delayed US interest rate cuts and geopolitical tensions. Asian stocks outside China saw total portfolio outflows of $5.9 billion in…