Stock investors should keep at least 20% of their portfolio in cash, according to billionaire investor Mark Mobius.
(Bloomberg) -- Stocks in Asia were primed for gains Thursday after further signs the Federal Reserve will cut interest rates next month lifted Wall Street.Most Read from BloombergThe Serious Work That Free Play Can DoShare futures for Japan, Australia and Hong Kong all rose, while a gauge of US-listed Chinese shares climbed 2.4%. Contracts for US equities also edged higher in early Asian trading after the S&P 500 and Nasdaq 100 indexes both advanced Wednesday.Shorter-term Treasuries outperformed
This is what could happen next to American Express shares
The Wall Street consensus call is that the Federal Reserve will cut interest rates 0.25 percentage point next month.
(Bloomberg) -- Australia’s central bank chief Michele Bullock is struggling to persuade money markets and economists with her hawkish message, in a sign that the Reserve Bank has work to do to win back credibility lost during the pandemic.Most Read from BloombergThe Serious Work That Free Play Can DoThe RBA this week used minutes of its August meeting to convey how seriously it considered raising interest rates before opting to keep them higher for longer. While the statement made it clear a cut
(Bloomberg) -- South Korean bulls are looking to the Federal Reserve’s interest-rate cuts to give the country’s stocks a bigger boost over emerging Asian peers.Most Read from BloombergThe Serious Work That Free Play Can DoMoney managers at Causeway Capital Management and M&G Investments are among those expecting the won to gain momentum as the Fed eases, attracting foreign inflows in a market heavily swayed by global investors. As risk sentiment improves along with lower interest rates, bulls ar
The company notched a double beat with its latest set of quarterly figures.
Nvidia's stock has tended to pop after its quarterly earnings are announced.
(Bloomberg) -- Governor Kazuo Ueda will face intense market scrutiny Friday after the Bank of Japan’s rate hike and his clear hawkish signals contributed to a meltdown in global financial markets earlier this month. Most Read from BloombergThe Serious Work That Free Play Can DoUeda is scheduled to respond to questions from lawmakers in the lower house of parliament from 9:30 a.m., followed by another session in the upper house starting at 1 p.m. Each session is set to last two and a half hours.
A rival will have to do without the presence of a powerful foreign investor.