In total, 15 central banks are scheduled to meet this week. The Bank of Japan’s rate decision is due on Friday local time and will be closely watched for any hints of more easing in the face of a stronger yen after the U.K.’s decision to leave the European Union and a slowdown in the … More Busy week of earnings and Central banks meetings . .
Asian equities pared losses as prospects for more monetary stimulus in Japan weakened the yen, while copper led gains in industrial metals and crude oil stayed above $46 a barrel. European stock index futures fell and U.S. contracts advanced. Shares of energy and raw-materials producers rose on the MSCI Asia Pacific Index, which earlier … More Quick outlook before the bell . .
For the third time in less than a year on Monday, the People’s Daily published an extended interview with an unnamed official expounding the policies needed to address challenges facing the world’s second-largest economy. As in similar pieces in January and last May, which both preceded big stock market sell-offs, the speaker sought to … More China’s debt bomb . .
Asian stocks fell for a sixth day, their longest losing streak since February, as anxiety over the health of the global economy investors. South Korea’s won dropped by the most in four months, crude oil traded below $44 a barrel and sovereign bonds rallied. Australia’s benchmark was set for its biggest loss in a month as … More Asia pacific and the rest ; outlook
China’s Anbang Insurance Group Co., which has twice sweetened its offer to buy Starwood Hotels & Resorts Worldwide Inc., is engaged in a high-stakes bidding war with Marriott International Inc. to acquire the owner of the upscale Sheraton, Westin and St. Regis brands. Win or lose, the latest $14 billion bid unveiled Monday by … More Chinese shopping spree . .
Chinese stocks climbed the most in more than a week after the new head of the securities regulator signaled he will keep propping up the equity market and developers announced acquisitions.Liu Shiyu, chairman of the China Securities Regulatory Commission, said it was too early to think about the state rescue fund leaving the market, … More Asian market’s outlook . .
European equities rose while Japanese stocks led shares in Asia lower as persistent concern over market volatility helped strengthen the yen. Oil climbed back above $28 a barrel before an update on U.S. stockpiles. The Stoxx Europe Index snapped a seven-day decline while Japan’s Topix index slid to its lowest since October … More Global market’s brief . .
The global stock rout intensified as European index futures indicated shares would add to Monday’s declines and equities in Tokyo slumped by the most since August. The yen reached its strongest since 2014 as Japan’s 10-year yield dropped below zero for the first time and corporate bond risk climbed. – “Investors had … More Extend’s in Japan . . Credit risk climbs
US data with much of Asia in holiday mode, attention focused on the discouraging U.S. employment figures for January released on Friday. U.S. employers added 151,000 jobs last month, a sharp deceleration from recent months as companies shed education, transportation and temporary workers. The employment report lends weight to the case for the Federal Reserve … More Global brief . .