please contact
sales@tanchin.hk for any inquiry
Asian stock markets were roughly flat on Wednesday, with doubts about the global recession and an endless trade war sawing each other's expectations of expanding monetary and fiscal stimulus to sustain economic growth.
Much depends on how the U.S. Federal Reserve (FED / Fed) adjusts its interest rates, and the market is extremely sensitive to the record of its last meeting, scheduled to be released later Wednesday.
Traders are also looking at Jackson Hole's annual meeting of central bank presidents later this week and this weekend's G7 summit to see if policymakers will take more steps to boost the economy.
Ellen Zentner, an analyst at Morgan Stanley, advises clients to watch whether Federal Reserve Chairman Powell uses the word "somewhat" when describing future policy adjustments.
"Acknowledging that downside risks have risen, but not using'somewhat'to describe them, is a confirmation that the Fed may take a larger rate cut in September," Zentner wrote in his report.
The interest rate futures market has fully absorbed the 25 basis points of interest rate reduction next month, and by the end of next year it will have cut interest rates by more than 100 basis points.
There are so many things that depend on the Federal Reserve that investors, of course, are cautious. The MSCI Mingsheng Asia-Pacific (excluding Japan) index rose for three consecutive days and then moved up and down the level of the flat.
Nikkei index. N225 fell 0.4%, while China's Shanghai and Shenzhen 300 index. CSI300 fell 0.1%. E-Mini S&P 500 Index futures rose 0.25%, while EUROSTOXX 50 Index futures rose 0.1%.
please contact
sales@tanchin.hk for any inquiry
PREVIOUS:Bearing side cover packing Improvement
6213-RS1 6213-2Z 6213-2RS1 6213 6013-Z 6013-RS1 6013-2Z 6013-2RS1 6013 16013 61913-2RZ 61913-2RS1 61913 61813-2RZ 61813-2RS1 61813 RMS 20 RLS 20 6412 62312-2RS1