Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Septe
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
Live market coverage co-anchored from Hong Kong and New York. Overnight on Wall Street is daytime in Asia. Markets never sleep, and neither does Bloomberg.
Asian stocks rose and currencies edged higher as traders digested a rate pause by the Federal Reserve and shifted focus to a pair of central bank speeches taking place in the region.
The yen made broad gains on Thursday as Japan looks on track to keep raising interest rates as others cut, with the European Central Bank seen certain to deliver just the latest in a string of easings today.
Rising tariff risks, a potential Sputnik moment in tech and looming holidays have left hedge funds and other currency traders across Asia unsure of just what bets to make, according to market participants.
Shares in Japan opened slightly lower, weighing down a gauge of Asian equities despite a small gain for shares in Australia. Many of the region’s equity markets including China, South Korea and Taiwan remained closed for the Lunar New Year holiday.
According to Daniel Ghali, a senior commodity strategist at TD Securities, last week's gold price surge was driven by the return of Asia’s so-called
U.S. stock indexes ended slightly lower on Wednesday, and tech was the biggest drag on the S&P 500, as the benchmark slipped 0.5%