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Asian Market Updates

Asian Shares Mixed Ahead Of Powell Speech

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Asian stocks ended mixed on Friday as investors fretted over developments in Afghanistan and watched for any potential shift in U.S. Federal Reserve policy.

Investors awaited Fed Chair Jerome Powell's speech at the Fed's annual Jackson Hole gathering for details on how and when the U.S. central bank might look to taper its monetary policy.

Chinese stocks advanced despite reports that the government will propose new regulations targeting companies seeking foreign listing via units incorporated outside the country. The benchmark Shanghai Composite index rose 20.49 points, or 0.59 percent, to 3,522.16 while Hong Kong's Hang Seng index ended little changed with a negative bias.

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Market Analysis

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

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