Asian investors prepare for choppy trade Thursday as US stimulus talks drag on


In early Asian trade, Australian stocks fell at the open.MSCI's gauge of stocks across the globe shed 0.06%. "We’re looking at a fairly rough day for regional investors, we had a volatile session in the U.S.," said Michael McCarthy, chief markets strategist at CMC Markets in Sydney. "Futures markets are reflecting a worse day here. We’ll see losses across the region."

NEW YORK: Asian investors prepared for rough trading on Thursday after a bumpy session on Wall Street amid fears that agreement on a key U.S. stimulus bill will not be reached until after the presidential election on Nov. 3.

In early Asian trade, Australian stocks fell at the open.MSCI's gauge of stocks across the globe shed 0.06%.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Asian , investors choppy trade , Australia , MSCI ,

   

Next In Business News

FBM KLCI ends at near 2-year high
Positive outlook for ringgit this year
CGS MY rebrands, targets to hit over RM300mil revenue by 2027
Prime residential, KL city submarket expected to stay dynamic - JLL Malaysia
JD Sports to buy US rival Hibbett in US$1.08bil sportswear retail deal
Gold prices hit 2-1/2-week low as Middle East tensions ease
Oil prices stabilise, Middle East tensions remain in focus
Sunway Property to preview RM1.28bil Sunway Velocity 3 on May 4
More funding needed for developers
Citi appoints Amit Dhawan as head of Citi Commercial Bank for Singapore

Others Also Read