Asia markets extend sell off after Powell's comments; Japan inflation slows
Publishing timestamp: 2023-10-20 03:59:31
Summary
The article discusses the lower performance of Asia-Pacific markets, the impact of Jerome Powell's comments on inflation and economic growth, the movement of bond yields, inflation data in Japan and Malaysia, interest rate changes in Indonesia and China, the formation of a "death cross" chart pattern in global stocks, the rally in gold prices, and the performance of specific stocks such as Pfizer, Moderna, and United Airlines.
Sentiment: MIXED
Tickers: .SSEC, GM, .AXJO, JCI, .HSI, .SPX, .DXY, @CL.1, MRNA, .N225, GPC, JPY=, US2Y, .IXIC, UAL, .DJI, PFE, GLW, ROL, ILMN, @LCO.1, AUD=, IDR=, ALB, .KS11, .SZI, LUV,
Keywords: hang seng index, wti crude (mar'23), usd/jpy, kospi index, business news, shenzhen component index, united states, world markets, breaking news: markets, s&p/asx 200, jerome powell, prices, asia economy, shanghai, breaking news: asia, nikkei 225 index, australia, economic events, australian dollar/us dollar fx spot rate, markets, ice brent crude (apr'23), dxy us dollar currency index,