Asia markets end mostly mixed as Fed signals cuts next year
Publishing timestamp: 2023-12-14 03:01:42
Summary
The article discusses the mixed performance of Asia-Pacific equity markets following the U.S. Federal Reserve's decision to end its interest-rate-hiking cycle and signal cuts for next year. It also mentions the performance of various indices, such as the S&P/ASX 200, Nikkei 225, and Hang Seng index. Additionally, it discusses the rise in oil prices, the Australian unemployment rate, the Japanese yen's strength against the dollar, and opportunities in Argentine stocks. The article also mentions the reservations of one investment bank on Novo Nordisk stock and the positive outlook for the labor market according to Federal Reserve Chair Jerome Powell.
Sentiment: MIXED
Tickers: .N225, @LCO.1, .SSEC, AUD=, .DXY, @CL.1, LLY, .KS11, .SZI, .HSI, JPY=, .AXJO,
Keywords: breaking news: asia, s&p/asx 200, economic events, wti crude (mar'23), prices, australia, dxy us dollar currency index, breaking news: markets, usd/jpy, australian dollar/us dollar fx spot rate, asia economy, world markets, nikkei 225 index, business news, markets, kospi index, shanghai, shenzhen component index, ice brent crude (apr'23), hang seng index,
Source: https://www.cnbc.com/2023/12/14/asia-markets.html