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  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success
  • LOLC Securities – Venture into success

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2019/10/31

Asia Stocks Trade Mixed; Treasuries Rally Stalls: Markets Wrap


Stocks in Asia were mixed after the Federal Reserve indicated that it’s unlikely to move in either direction on policy any time soon following its latest interest-rate cut, while corporate results continued to roll in. Gains in Treasuries petered out. Shares were flat in Tokyo, while equities in Sydney fell. Seoul saw gains after earnings at Samsung Electronics Co. topped estimates. The S&P 500 earlier edged up to a fresh-all time high when Fed Chairman Jerome Powell signalled it would take a significant and persistent move up in inflation to consider raising rates. Nasdaq futures rose as Apple Inc. projected sales that beat expectations. The offshore yuan shrugged off a poor China manufacturing PMI, and Shanghai stocks were flat and Hong Kong ones rose in early trading. The dollar dipped. - Bloomberg 

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