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Asian investors struggled to get the week off to a positive start, with many markets fluctuating

European Stock Markets Drop On Weak Data

European stock markets retreated Monday on further poor economic data for the region and following a mixed showing by major Asian indices.

Stocks Struggle To Recover From Selloff, Fed Rate Fears Linger

The Bank of England is expected to raise interest rates for a 14th time as it battles to rein in inflation that is the highest in the G7

Asian markets fluctuated Thursday following a plunge on Wall Street as a forecast-beating US jobs report revived worries about the Federal Reserve's interest rate-hiking campaign.

Asian Markets Drop As US Downgrade Jolts Latest Rally

Fitch's decision to cut the US debt rating follows the long-running standoff on Capitol Hill earlier this year that saw the world's top economy flirt with a possible default, which rattled markets

Asian markets followed Wall Street lower Wednesday as the wind came out of the latest rally, with traders jolted by the downgrade of US sovereign debt, soft economic data and concerns about elevated valuations.

Traders have been cheered by pledges from Chinese officials to unveil measures to boost the flagging economy

Asia Joins Wall St Rally On US Rates, China Hopes

Markets rallied Monday, tracing another bump on Wall Street, where investors cheered a further slowdown in US inflation that stoked optimism the Federal Reserve will not have to hike interest rates again.

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The Turkish lira fell against the dollar after a central bank hiked rates less than expected by markets

Turkey Hikes Interest Rates But Disappoints Markets

Turkey's central bank hiked its main interest rate for the second month in a row on Thursday but analysts said the unwinding of President Recep Tayyip Erdogan's unconventional policy was too timid to tame inflation.

Data showing inflation is coming down has fanned hopes that central banks will be able to bring an end to their interest rate hiking campaign soon

Markets Mostly Rise On Rate Hopes But China Fears Weigh

Markets mostly rose Thursday on signs that more than a year of interest rate hikes around the world was subduing inflation, giving central banks room to take a softer approach to monetary policy.

Chinese leaders are facing calls to do more to boost growth as the world's number two economy struggles to recover from years of Covid containment measures

Markets Struggle As Rally Fades, China Growth Misses Forecasts

Asian markets struggled Monday to build on last week's rally, with new data showing China's economy grew less than expected in the second quarter as its post-Covid recovery runs out of steam.

The dollar has weakened against its major peers as traders bet on the Federal Reserve soon ending its campaign of interest rate hikes

Markets Extend Rally On Hopes Fed Near End Of Rate Hike Cycle

Asian traders on Friday welcomed more data showing falling US inflation, giving the Federal Reserve room to bring the curtain down on more than a year of interest rate hikes.

Traders welcomed fresh plans by China to help its ailing property sector, which is creaking under the weight of huge debts

Asian Markets Rise As China Pledges Fresh Property Support

Asian markets rose Tuesday, with Hong Kong and Shanghai lifted by China moves to support its struggling property sector and authorities' pledged further help for the economy.

Traders welcomed a broadly positive China visit by US Treasury Secretary Janet Yellen, who held talks with top officials in Beijing

Tech Rally Helps Hong Kong Lead Most Asia Markets Higher

Hong Kong led gains in most Asian markets Monday on hopes China has ended its long-running crackdown on the tech sector after imposing huge fines on the fintech affiliates of Alibaba and Tencent.

With prices still rising much more than desired, central banks face pressure to hike interest rates further

Asian Markets Track US Losses With Rates Seen Rising Further

Markets fell in Asia on Thursday as traders contemplated the prospect of more central bank interest rate hikes as they struggle to tame persistently high inflation.

Oil prices rallied after Saudi Arabia announced a surprise output cut of one million barrels a day

Markets Extend Global Rally After 'Goldilocks' US Jobs Data

Asian equities on Monday built on a global rally after a mixed US jobs report lifted hopes the Federal Reserve will hold off hiking interest rates this month.

The yen has come under pressure against the dollar on expectations the Bank of Japan will keep monetary policy ultra loose while the Fed presses on with rate hikes

Asian Markets Mostly Rise On US Debt Ceiling Optimism

On Thursday, Biden reiterated his pledge that "there will be no default" despite the wrangling, adding that talks with McCarthy, who leads the Republican negotiators, had been "productive".

Stalled US debt ceiling talks in Washington have fuelled worries about a painful default

Asian Markets Sink As US Debt Talks Stall

All eyes are now on Washington, where President Joe Biden and House Speaker Kevin McCarthy have had a number of meetings to find a path to lifting the borrowing limit from the current $31.8 trillion.

Investors are optimistic US lawmakers will eventually hammer out a deal to lift the debt ceiling and avert a default

Markets Mostly Rise After 'Productive' Biden-McCarthy Debt Talks

Months of negotiations have failed to break the deadlock and lift the borrowing limit from the current $31.8 trillion, but things appear to be moving in the right direction after a series of Biden-McCarthy meetings.

Traders are growing increasingly worried about the slow pace of progress in talks to avert a US debt default

Asian Markets Mixed As Sluggish Debt Talks Worry Investors

Regional traders were provided a tepid lead from Wall Street, where disappointing retail sales data and weak earnings from Home Depot indicated softening consumer demand.

Investors are keenly awaiting the release of US consumer price data later in the day

Asian Markets Drift Lower As US Inflation Data Looms

The Fed hinted at a possible pause in its long-running tightening cycle but observers warned that any sign inflation is creeping up would put pressure on officials to turn the screws further.

Asian markets were mixed Thursday after a decision by the Fed to raise interest rates yet again

Asian Markets Mixed After US Fed Hikes Rates Again

All three major US indices declined along with the dollar after the Fed's latest hike, while recession worries drove US oil prices below $70 a barrel, where they remained on Thursday.

Asian stocks were down Wednesday after a losing session on Wall Street

Asian Stocks Down After Wall Street Losses

Investors were also positioning themselves ahead of an expected US Federal Reserve rate hike on Wednesday, and one from the European Central Bank on Thursday.

US financial authorities have taken possession of California's troubled First Republic Bank, which will be acquired by JPMorgan Chase bank

Asian Markets Open Higher As Investors Weigh Wall Street Losses

Adding to investor uncertainty were raised fears about the banking sector after another US regional lender went under.

Asian stocks were up on Friday, tracking big gains on Wall Street

Asian Stocks Rise After Big Gains On Wall Street

Fears of further turmoil in the banking sector, which had acted as a drag on global markets, also appeared to be dissipating as shares in troubled US lender First National Bank rose after two battering sessions.

Asian stocks were off to a shaky start following plunges on Wall Street

Asian Stocks Off To Shaky Start After Rout On Wall Street

Lacklustre US consumer data and mixed earnings reports fed those fears during trading hours, with US stocks in the red the entire day.

Asian markets fell at the end of a tepid week for equities

Asian Markets Track Wall St Losses On Rate, Recession Fears

Investors were also spooked by earnings reports from US regional banks that pointed to a weakening profit outlook following sector turmoil last month that saw three lenders collapse.

Investors will keep a close eye on US inflation data, which could play a key role in the Federal Reserve's decision-making

Asian Markets Mixed As Traders Await Key Inflation Report

The discussion comes as fears about the financial sector -- following turmoil last month that saw two US lenders go under -- have been tempered in recent weeks.

A strong US jobs report could put fresh pressure on the Federal Reserve to keep hiking interest rates to tame inflation

Asian Markets Edge Up In Thin Trade Ahead Of US Jobs

The closely watched report comes after a series of releases this week pointed to a softening of the labour market, suggesting Federal Reserve rate hikes over the past year are kicking in.

The recent surge in oil prices has stoked further fears about inflation, weighing on market sentiment

Asian Markets Swing As Oil Surge Weighs On Fed Rate Hopes

Crude held on to Monday's surge of more than six percent that came after top producers announced a surprise output cut, providing a fresh headache to central bankers as they battle inflation.

The Tokyo Stock Exchange (TSE) building is seen after the TSE temporarily suspended all trading due to system problems in Tokyo

Asian Stocks Rally As Banking Anxiety Eases; Alibaba Surges

MSCI's broadest index of Asia-Pacific shares outside Japan was 0.82% higher, while Japan's Nikkei advanced 0.49%.

Traders globally have breathed a sigh of relief at steps to support struggling banks

Asian Markets Extend Global Rally As Banking Sector Fears Ease

A rollercoaster week was on course to end on a positive note after several Wall Street titans including JP Morgan, Bank of America and Citigroup stumped up $30 billion to deposit into troubled First Republic.

Monitors displaying the stock index prices and Japanese yen exchange rate against the U.S. dollar are seen at the Tokyo Stock Exchange in Tokyo

Asian Shares Gain As Fears About Rapid Fed Hikes, Bank Crisis Fade

Investors piled back into stocks in U.S. markets overnight as fears about contagion in the banking sector following the collapse of Silicon Valley Bank (SVB) last week eased.

US authorities have pledged to to fully protect all depositors and give back-up to any lenders struggling to find cash

Most Asian Markets Sink After US Lender's Collapse

The collapse Friday of Silicon Valley Bank, which specialises in venture-capital financing largely in the tech sector, came after a huge run on deposits left it unable to stay afloat on its own.

A tug boat pushes an oil barge through New York Harbor

Oil Stabilises As Surprise US Crude Draw Offsets Rate Hike Jitters

Supporting the market on Wednesday, data from the American Petroleum Institute showed U.S. crude inventories fell by about 3.8 million barrels in the week ended March 3, according to market sources.

Minneapolis Fed boss Neel Kashkari has warned interest rates must go higher and for longer to bring inflation under control

Asian Markets Mixed As US Rate Saga Plays Against China Reopening

The long-running saga over prices, borrowing costs and recession speculation returned to the fore in US trading.

A view shows oil terminal Kozmino near Nakhodka

Oil Steadies On China Growth Hopes

Oil prices were steady in Asian trade on Tuesday, supported by hopes a solid economic rebound in China will drive up fuel demand, offsetting worries about further U.S.

Asia Stocks Feel Rate Squeeze, Dollar Gets The Lift

China has manufacturing surveys and the National People's Congress kicks off at the weekend and will see new economic policy targets and policies, as well as a reshuffling of government officials.

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