Asian Shares to Be Pressured, Chipmakers in Focus: Markets Wrap
Stocks advanced with Treasuries as global markets steadied after turbulence driven by misfiring bets over the scale and timing of interest rate cuts by the Federal Reserve.
Stocks advanced with Treasuries as global markets steadied after turbulence driven by misfiring bets over the scale and timing of interest rate cuts by the Federal Reserve.
Croatian Prime Minister Andrej Plenkovic forged ahead with forming a new government after suffering a setback in the nation's parliamentary election, as the opposition tied to President Zoran Milanovic mounted an attempt to unseat the ruling party.
Alaska Air Group Inc. expects second-quarter profits will top analyst estimates, signaling that the carrier is recovering from a near-catastrophe on one of its planes that triggered the temporary grounding of a key Boeing Co. aircraft model.
South African investors are holding off on big moves before the vote next month, Goldman Sachs Group Inc. said, as the elections shape up to be the most pivotal in 30 years.
China reiterated the need to prevent one-sided moves in the yuan, as a resurgent dollar and poor risk sentiment pressure currencies across Asia.
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