Magical Trade
Sunday, May 22, 2022
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Magical Trade
No Result
View All Result
Home Trade News

Asia shares rise as investors await release of China’s benchmark lending rate; oil jumps 2%

by
March 21, 2022
in Trade News
0
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

First baby formula shipment arrives from Europe on U.S. military plane

Conditions Are Ripe for a Deep Bear Market

SINGAPORE — Shares in Australia rose in Monday morning trade, as investors in Asia-Pacific look ahead to the release of China’s latest benchmark lending rate.

The S&P/ASX 200 gained 0.61%, with shares of Macquarie Group and Wesfarmers both up more than 1% each.

Markets in Japan are closed on Monday for a holiday.

China’s latest one-year loan prime rate is set to be out at 9:15 a.m. HK/SIN on Monday, with little expectations for change, according to a Reuters survey.

Investors in Asia will also watch for moves in the Hong Kong market on Monday, with the city’s benchmark Hang Seng index finishing more than 4% higher last week following a volatile week which swung between big gains and losses.

Stock picks and investing trends from CNBC Pro:

Dan Niles predicts a recession — and picks stocks to weather the volatility ahead

The Fed is about to hike rates. Here’s what history shows should happen to the stock market next

Goldman Sachs says ‘stagflation’ is here — and warns what it could mean for markets

JPMorgan’s Kolanovic says it’s time for investors to start adding back risk

Currencies

The U.S. dollar index, which tracks the greenback against a basket of its peers, was at 98.281 — off levels above 98.5 seen recently.

The Japanese yen traded at 119.28 per dollar following its weakening last week from levels below 118.2 against the greenback. The Australian dollar changed hands at $0.7406, as compared with levels below $0.721 seen last week.

ShareTweetPin

Related Posts

First baby formula shipment arrives from Europe on U.S. military plane

by
May 22, 2022
0

A military cargo plane carrying the first shipment of infant formula from Europe to address a critical shortage in the...

Conditions Are Ripe for a Deep Bear Market

by
May 22, 2022
0

Previous bear markets have bottomed out when the Federal Reserve eased monetary policy. Photo: JOSHUA ROBERTS/REUTERS With the S&P 500...

Quarterly Starts by Purpose and Design: "Built for rent" Increasing

by
May 22, 2022
0

by Calculated Risk on 5/22/2022 11:48:00 AM Along with the monthly housing starts for April last week, the Census Bureau...

SpaceX looks to raise $1.7 billion in new funding, boosting its valuation to $127 billion

by
May 22, 2022
0

A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX SpaceX is raising...

Series I Savings Bonds: What Readers Want to Know

by
May 22, 2022
0

The initial annualized rate on new Series I savings bonds sold from May through October of this year is 9.62%....

Next Post

The S&P500 Is Gearing Up for 5500+

Hong Kong stocks continue rebound as Hang Seng rises around 1%; oil jumps 3%

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Fund manager believes FAANG is dead — says now it’s all about MANTA

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Bank of America names its top global tech stocks — including one it says has upside of 100%

    0 shares
    Share 0 Tweet 0
  • ‘Conviction sell’: UBS says avoid these global stocks amid rising headwinds

    0 shares
    Share 0 Tweet 0
  • These are the global stocks to own if stagflation hits, according to Credit Suisse

    0 shares
    Share 0 Tweet 0
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.magicaltrade.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.magicaltrade.net