Asia stocks cautious due to China factory data, US stocks rise, Fed rate cut expected

From Yahoo Finance: 2024-09-01 19:20:09

Asian stocks are facing a cautious start to the month as China struggles to boost its economy. US stocks rose on Friday as expectations of Fed rate cuts grew. Dollar and euro steady after German election results. China’s Caixin PMI due Monday, highlighting economic challenges. September is historically a volatile month for global markets. US jobs report this week will influence Fed rate cut decisions. US bond yields up, dollar rises as inflation holds steady. Economic data in Europe and Asia, central bank meetings in Chile, Malaysia, and Canada this week. Key economic events outlined for the week ahead.



Read more at Yahoo Finance: Asia Eyes Cautious Open After China Factory Data: Markets Wrap