Chinese Central Bank Cuts 5-Year Prime Lending Rate, Euro Stocks Affected – Analysis and Trends

Finance by Stefania Blasioli and Paolo Paronetto Tokyo closes negative. China’s central bank cut the 5-year prime lending rate (LPR) by 25 basis points 3′ reading (Il Sole 24 Ore Radiocor) – The handbrake is on European stock exchanges at the start, the day after a session already characterized by caution which saw the absence … Read more

Wall Street Caution as Markets Await Key Inflation Data for Fed Rate Cut Timing

Wall Street Caution as Markets Await Key Inflation Data for Fed Rate Cut Timing

Caution dominated the first day of the week’s trading on Wall Street, as markets await inflation data that will be key to determining the timing and scope of interest rate cuts by the Federal Reserve. Less than 24 hours before the CPI release, the S&P 500 struggled to gain momentum, approaching 5,050, while the Nasdaq … Read more

US Bond Yields Rise as Fed Hints at Rate Cut Delay, Dollar Hits Highest Level Since November

US Bond Yields Rise as Fed Hints at Rate Cut Delay, Dollar Hits Highest Level Since November

Bond yields rise US 10-year bond yields rose 14 basis points to 4.16%, and two-year bond yields approached 4.5%. Fed hints have almost eliminated the chances of a rate move in March, and the chances of a rate cut in May have diminished. The dollar recorded its strongest levels since November. For its part, the … Read more

Tokyo Stock Market Hits 34-Year High, Hong Kong Gains, Mainland China Down: Finance News Update

Finance Mixed Asia: Hong Kong up, mainland China down 1′ reading The Tokyo stock market starts the first session of the week on the rise, settling at its highest level in 34 years, following the consolidation of US stock indices and the encouraging signals coming from technology. At the opening, the Nikkei reference list advanced … Read more

New York Stock Market Soars with All Major Indices Closing Higher: Analysis and Outlook

New York Stock Market Soars with All Major Indices Closing Higher: Analysis and Outlook

[비즈니스포스트] The major indices of the New York stock market all closed higher. At the New York Stock Exchange (NYSE) on the 19th local time, the Dow Jones Industrial Average closed at 37,863.80, up 395.19 points (1.05%) from the previous day. ▲ On the 19th, all major New York stock market indices closed with significant … Read more

Tokyo Slows Down: European Stock Markets in Negative Territory

Finance by Stefania Blasioli and Chiara Di Cristofaro Tokyo interrupts the positive series 3′ reading (Il Sole 24 Ore Radiocor) – European stock markets are moving into negative territory following a lackluster session which saw trading on Wall Street halted for the Martin Luther King Day holiday. The Davos International Forum continues, which will end … Read more

New Record for Tokyo Stock Exchange as Hong Kong and Chinese Markets Start Mixed

Finance Hong Kong opens on a positive note, with a mixed start for mainland Chinese markets 1′ reading New record for the Tokyo Stock Exchange: the Nikkei stock average reaches its highest level since February 1990, thanks to the weakening of the yen which favors exporters and the Bank of Japan’s caution regarding the imminent … Read more

European Stock Markets Cautiously Advance as Tokyo Hits Highest Levels Since 1990

3′ reading (Il Sole 24 Ore Radiocor) – The European stock markets are moving cautiously above parity, looking for an ‘encore’ after the gains of the day before, following in the wake of Wall Street and Asia, where Tokyo closed at the highest levels since March 1990 driven by high-tech stocks. Milan is positive with … Read more

2023 Stock Market Update: Nasdaq Falls, Tesla Deliveries Reported, and Tech Boost

2023 Stock Market Update: Nasdaq Falls, Tesla Deliveries Reported, and Tech Boost

A minute after trading took off on the New York stock exchange, the Nasdaq index has fallen 0.9 percent and stands at 14,884.20 points, while the Dow Jones falls 0.4 percent to 37,539.72 points. The S&P 500 fell 0.6 percent to 4,741.60 points. The ten-year US government bond yield is at 3.96 per cent, while … Read more