Asia-Pacific markets fall as U.S. postelection rally fails to lift regional optimism
Publishing timestamp: 2024-11-12 02:46:38
Summary
Asia-Pacific markets fell on Tuesday despite U.S. stocks hitting record highs. Bitcoin surged above $87000, while Softbank Group is expected to announce a significant profit. Australian consumer sentiment and business confidence saw improvements. Investors are recalibrating their portfolios for the changing policy landscape under President-elect Donald Trump. Federal Reserve Chair Jerome Powell was prepared to fight any efforts by former President Trump to remove him from his position. Gold ticked down to a one-month low.
Sentiment: MIXED
Tickers: .KS11, .DJI, COIN, MARA, GLD, .N225, .SPX, .IXIC, 9984.T-JP, IAU, .AXJO, .HSI,
Keywords: asia economy, nikkei 225 index, breaking news: markets, hang seng index, world markets, breaking news: asia, markets, australia, kospi index, narendra modi, business news,
Source: https://www.cnbc.com/2024/11/12/asia-markets-live-india-cpi-nab-survey-indonesia-retail-sales.html