Asian Markets Trade Mixed
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Asian stock markets are trading mixed on August 18, 2024, following mixed global cues from Friday; optimism about a soft landing for the U.S. economy is growing after positive retail sales data and improved consumer sentiment; Atlanta Fed President Raphael Bostic and Chicago Fed President Goolsbee's comments support expectations for interest rate cuts in September; Australian market sees slight gains with S&P/ASX 200 index at 7,964.90, down 6.20 points; A2 Milk shares tumble over 16% due to revenue growth forecast; Japanese Nikkei 225 Index down 15.50 points to 38,047.17; Hong Kong up 1.3%, while other Asian markets show mixed results; Wall Street saw modest gains on Friday with Dow up 96.70 points to 40,659.76.
#AsianMarkets #StockTrading #EconomicOutlook #InterestRates #A2Milk #Nikkei225 #S&p/asx200 #WallStreet #RetailSales #ConsumerSentiment
https://www.rttnews.com/3469688/asian-markets-trade-mixed.aspx?type=ts
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