GLOBAL MARKETS-Stock Rebound Wanes as Investors Await US Job Data, Fed

August 21, 2024, 01.47 PM
Source: ReutersEditor: Yudho Winarto

GLOBAL MARKET - SINGAPORE. Asian shares slipped on Wednesday as a stellar rebound in world stocks paused for breath, while bond yields and the dollar fell ahead of U.S. economic data and speeches from policymakers that are expected to make the case for interest rate cuts.

The S&P 500 snapped eight sessions of gains with a 0.2% overnight drop. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5%. U.S and European futures each drifted about 0.2% higher.

Thanks for reading Kontan English.
Please create account or log in.

Only Rp5,000 to continue reading.

BUY NOW!
Latest News