Energy Stocks Gain in Asia as Traders Await Fed: Markets Wrap

Publikuota: 2018-03-21
Federal Reserve Chairman Jerome Powell. Joshua Roberts („Reuters“/„Scanpi“) nuotr.
Federal Reserve Chairman Jerome Powell. Joshua Roberts („Reuters“/„Scanpi“) nuotr.
 

Energy companies underpinned stock gains in Asia after a rally in crude oil, in an Asian session subdued by a Japanese holiday before the Federal Reserve’s policy decision.

Stocks in Hong Kong outperformed ahead of earnings from Tencent Holdings Ltd. An energy sub-index had the biggest gain in the MSCI Asia Pacific excluding Japan index, as well as in Australia. Crude and U.S. energy shares climbed overnight as the OPEC-led alliance of major oil producers accelerated the timeline for curbing a worldwide supply glut. The dollar slid from a two-week high, while Treasuries were un-traded thanks to the Japan holiday.

Markets are settling down after technology-led declines saw equities on the back foot at the start of the week. Though the broader market is recovering, the crisis engulfing Facebook Inc. continues to deepen, drawing the ire of politicians on both sides of the Atlantic. Investor focus now turns to Jerome Powell’s first FOMC meeting as chairman; the jury is still out on whether the central bank will lift its projections for the pace of policy tightening this year.

Here’s what you should be watching in Wednesday’s Fed decision

Investors are also waiting to see any reaction from China in the face of U.S. tariffs expected to be imposed as soon as this week, as well as another U.S. government shutdown that is looming.

Elsewhere, the U.K. currency was little changed after falling on data that showed the nation’s inflation rate fell more than expected in February. Gold inched higher and iron ore climbed.

Here are some key events on the schedule this week:

The Fed decision and Jerome Powell’s news conference come on Wednesday. The Bank of England is expected to keep interest rates and its asset-purchase program unchanged on Thursday. Attention will be on language and the odds for a May hike. New Zealand has a monetary policy decision Thursday. Company earnings scheduled for this week include Tencent, Hermes, PetroChina and Nike.

And these are the main moves in markets: Stocks

Australia’s S&P/ASX 200 Index rose 0.2 percent. South Korea’s Kospi index was little changed. Hong Kong’s Hang Seng Index was up 1 percent. The Shanghai Composite Index rose 0.4 percent. S&P 500 Index futures added less than 0.1 percent as of 2:05 p.m. in Hong Kong.

Currencies

The Bloomberg Dollar Spot Index fell 0.2 percent. The euro rose 0.2 percent to $1.2265. The pound nudged 0.1 percent higher to $1.4009. The yen added 0.1 percent to 106.45 per dollar.

Bonds

The yield on 10-year Treasuries rose four basis points to 2.90 percent Tuesday. Treasuries will resume trading in London because of the Japan holiday. Australia’s 10-year yield was steady at 2.70 percent.

Commodities

West Texas Intermediate  crude built on a 2.2 percent advance to gain 0.1 percent to $63.61 a barrel. Gold rose 0.2 percent to $1,313.43 an ounce.

Rašyti komentarą

Rašyti komentarą

Gauk nemokamą VERSLO naujienlaiškį į savo el.pašto dėžutę:

Pasirinkite Jus dominančius NEMOKAMUS savaitraščius:















Svarbiausios dienos naujienos trumpai:



 
Temos:
Brangsta akcijos ir bitkoinas 8

Daugelis akcijų Baltijos biržose trečiadienį pigo, užtat Europos biržose nuotaikos buvo neblogos kiek aprimus...

Rinkos
2018.07.18
Baltijos biržų sausroje sirpsta „Grigeo“ rekordas

Baltijos biržose išlieka vasariškas pasyvumas, kurio fone „Grigeo“ akcijos nusitaikė į rekordą. Vakarų rinkos...

Rinkos
2018.07.17
Asia Stocks Mixed as Japan Outperforms on Yen Drop: Markets Wrap

Asian equities were mixed Tuesday as investors assess whether corporate earnings can deliver on high...

2018.07.17
„Silvano“ akcijos priviliojo nuolaidų medžiotojų Premium

Baltijos biržose „Silvano“ akcijas pirmadienį drebino dviženklis techninių priežasčių sukeltas pigimas,...

Rinkos
2018.07.16
Asia Stocks Decline Amid Mixed China Economic Data: Markets Wrap

Asian stocks fell as mixed economic data in China failed to allay concern about the world’s second largest...

2018.07.16
Statistikos išvakarėse investuotojams prisireikė „Novaturo“

Pastarosiomis dienomis po truputį kėlę kainą, rinkos dalyviai penktadienį jau šlavė „Novaturo“ akcijas.

Rinkos
2018.07.13
Stocks Halt Four-Week Slide in Asia; Pound Drops: Markets Wrap

Asian stocks are set for the first weekly advance in five as trade tensions appeared to ease after China...

2018.07.13
Talino biržos įmonės pažėrė naujienų Premium

Investuotojai Baltijos biržose ketvirtadienį turėjo ką veikti – „virškino“ bendrovių „Tallinna Sadam“,...

Rinkos
2018.07.12
Stocks Recover After Trade List Angst; Yen Falls: Markets Wrap

Asian stocks rose Thursday after a bruising selloff the previous day, despite lingering concerns around the...

2018.07.12
Trumpo kirtis per viso pasaulio biržas 2

JAV prezidento paskelbti planai apkrauti importo tarifais dar daugiau Kinijos prekių pakirto pozityvias...

Rinkos
2018.07.11
Stocks Decline as Trump Reloads the Tariff Bazooka: Markets Wrap

Stocks in Asia declined with U.S. equity futures, industrial metals and China’s yuan after the Trump...

2018.07.11
Šiaulių bankas neatsikrato stambesnio pardavėjo pasiūlos Premium

Baltijos biržose tęsiasi vasariškas štilis, kurio metu nesijaučia atkutusio pasaulinio optimizmo, tačiau...

Rinkos
2018.07.10
Asian Stocks Show Muted Gains; Treasuries Slip: Markets Wrap

Stocks in Asia edged higher, extending a rise from a nine-month low amid optimism the upcoming earnings...

2018.07.10
Investuotojai paliko nerimą nuošalyje, kelia akcijų kainas

Nerimą dėl prekybinių karų eskalacijos investuotojų galvose keičia tikėjimas JAV ekonomikos tvirtumu.

Rinkos
2018.07.09
Asian Stocks Gain With Yuan as Trade Woe Set Aside: Markets Wrap

Asian stocks gained, building on a positive Friday session for global equities, as investors set aside...

2018.07.09
Paskutinę susijusiesiems leistinos prekybos dieną aktyviai pardavinėtas Šiaulių bankas Premium 2

Apyvartos Baltijos biržose penktadienį išseko tiek, kad nė vienos bendrovės akcijų apyvarta nepasiekė 100.000...

Rinkos
2018.07.05
Asian Stocks Decline, Yuan Slips as Policy Eyed: Markets Wrap

Asian stocks declined, with the region’s shares falling to the lowest in nine months, ahead of the planned...

2018.07.05
Baltija gyveno vietinėmis aktualijomis Premium

Investuotojai trečiadienį sukiojosi apie Talino jūrų uosto akcijas, fiksuotas „Auga Group“ akcijų atšokimas,...

Rinkos
2018.07.04
Stocks Mixed as Yuan Recovers; Dollar Slips: Markets Wrap

Asian stocks traded mixed Wednesday as the yuan recovered from its recent decline, while the greenback...

2018.07.04
„Auga Group“ akcijų siūlymo vertinimai: nepigus prašymas instituciniams Premium 1

Ekologinio ūkininkavimo „Auga Group“ investuotojams akcijas platins už didoką kainą, vertina analitikai. Iki...

Rinkos
2018.07.03

Verslo žinių pasiūlymai

Šioje svetainėje naudojame slapukus (angl. „cookies“). Jie padeda atpažinti prisijungusius vartotojus, matuoti auditorijos dydį ir naršymo įpročius; taip mes galime keisti svetainę, kad ji būtų jums patogesnė.
Sutinku Plačiau