Japanese stocks slide, trade subdued as investors await Fed meeting
18 Juin, 2019, 16:49 | Auteur: Auguste Feret
Investor caution ahead of the Federal Reserve's interest rate meeting capped Asian stocks on Tuesday, while crude oil prices retreated as global growth worries overshadowed supply concerns stemming from recent Middle East tensions.
MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.05 percent.
Asian markets closed higher, Tokyo's Nikkei closed nearly flat, Hong Kong's Hang Seng was up 0.4 per cent and China's Shanghai Composite added 0.2 per cent.
The Fed, facing fresh demands by US President Donald Trump to cut interest rates, begins a two-day meeting later on Tuesday. The central bank is expected to leave borrowing costs unchanged this time but possibly lay the groundwork for a rate cut later this year.
Dow Industrial futures are little changed, S&P 500 futures are up 0.1 percent and Nasdaq futures were higher by 0.1 percent.
"In just a few months, the market has turned from being guided by the Fed to actively guiding the Fed", wrote interest rate strategists at Bank of America Merrill Lynch.
La photo d'Archie déjà plus de 2 millions de "like"
Sur le cliché, on aperçoit la minuscule main du bébé attraper le doigt du duc de Sussex . "Joyeuse fête des pères! ". Mais la reine Elizabeth, retenue par un engagement prévu auparavant, ne devrait pas assister à la cérémonie.
Markets are nearly fully pricing in a 25-basis-point rate cut for July.
According to CME's FedWatch tool, money market traders have slightly rolled back expectations of Fed easing following data that showed solid growth in domestic retail sales in May, but Fed funds rate futures are fully pricing in a 25-basis point cut by July.
Meantime gold prices fell further on Monday after sliding from a more than 14 month high the previous session following positive U.S. retail data that dampened expectations the Federal Reserve would cut rates.
Earlier, the pound extended an overnight slump and brushed $1.2512, its lowest since January 3. The euro was a shade higher at $1.1224 after spending the previous day confined to a narrow range.
USA crude oil futures shed 0.08 percent to $51.89 per barrel after retreating 1.1 percent the previous day. Brent crude was down a similar amount at $60.76, following Monday's loss of 1.7%. Oil prices had slipped on Monday as weak Chinese economic data released at the end of last week led to fears of lower global demand for the commodity.
Concerns over weakening demand overshadowed tensions in the Middle East, which remained high following last week's attacks on two oil tankers in the Gulf of Oman.
Le triple attentat a eu lieu vers 21H00 (18H00 GMT) à Kadunga. "Neuf personnes sont mortes sur le coup", a précisé le milicien. Triple attentat suicide au Nigeria , à Konduga, une ville située à 38 km de Maiduguri, la capitale de l'Etat du Borno.
Trade Representative increased the rate of additional duty from 10% to 25% on $200 billion of Chinese imports, flooring included. This allowed the units to be imported duty free as parts, rather than as completed systems that were subject to tariffs.
Tarrant last week pleaded not guilty to terrorism charges, as well as 51 counts of murder and 40 of attempted murder. A police officer stands guard in front of the Masjid Al Noor mosque in Christchurch, New Zealand , March 17, 2019.
Facebook won't directly control the coin, nor will the individual members of the consortium known as the Libra Association. Bowles will be taking up his new role as Facebook's London-based director of public policy in September 2019.
They said the attendant was in the process of collecting drinks from passengers when the incident occurred. According to EuroAirport, some passengers reported being burned by scolding water from the drink tray.
La justice française tente de mettre au clair les conditions litigieuses de l'attribution de la Coupe du monde 2022 au Qatar . En octobre 2015, l'ancien président de la Fifa Sepp Blatter, contraint au départ, avait mis en cause la France.
Drahi said his investment was aimed at the "very long term" and that he had no plans to change Sotheby's business strategy. A woman stands in front of Andy Warhol's "Superman" at a pre-auction viewing at Sotheby's in Los Angeles, California.
En ce sens, le premier pourrait être un smartphone d'entrée de gamme, relativement similaire à l'iPhone XR . Celui-ci ajoute qu'il faudra donc attendre 2021 pour que tous les iPhone soient compatibles avec la 5G.
Anaheim Ducks to hire San Diego Gulls’ coach
Eakins also has National Hockey League head coaching experience, leading the Edmonton Oilers to a 36-63-14 record from 2013-15. Eakins, 52, has coached the Gulls throughout their four seasons in the AHL, after coaching the Edmonton Oilers from 2013-14.
Copa America: How Colombia beat Messi-led Argentina 2-0
Meanwhile, Argentina will be hoping to silence doubters against Paraguay on Thursday, June 20, in their second group game. Argentina can not afford to lose again in their remaining two group-stage matches against Paraguay and Qatar.