Asian shares rise on strong U.S. GDP, eyes on Fed, China

SHANGHAI - Asian stock markets edged up on Monday after surprising strong U.S. first-quarter economic growth boosted the S&P 500 index to a record high, but gains were capped by caution over less upbeat aspects in the GDP report which pointed to some weakening ahead.

MSCI’s broadest index of Asia-Pacific shares outside Japan was up less than 0.1 percent, edging higher after posting its biggest weekly drop in more than a month last week.Japan’s financial markets are closed for a long national holiday this week, but Nikkei 225 futures in Singapore were 0.72 percent higher.

“We have flipped from a state where it is a stock rally no one wants to take part in, to a frenzied paced splurge where hedge funds and investors alike continue to chase markets like greyhounds to the mechanical rabbit,” he said in a note. “It is the thought that a downturn in inflation could have the Fed cutting rates before 2019 is out – at a time when the Fed is openly discussing wanting to tolerate a period of above target inflation to make up for past shortfalls – that had the interest rate markets moving the implied probability of a 2019 easing out,” they said.

While better-than-expected March data from China have helped eased fears of a sharp global slowdown, it has also touched off an intense debate over how much more stimulus Beijing can roll out without risking a rapid build-up in debt and potential asset bubbles.

Let's bet us markets go up tomorrow & Drumpf said 'I did it'. DelusionalDonald

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

White House economic advisor Larry Kudlow says Fed should still cut rates despite 3.2% GDP growthThe U.S. economy is off to its best start to a year since 2015 and White House economic adviser Larry Kudlow believes it means the Federal Reserve should cut interest rates. Kudlow the Klown. Working for Donnie the Dufus.
Source: CNBC - 🏆 12. / 72 Read more »

Asian stocks inch up but China falters; oil at 2019 highsStocks in Asia rose marginally on Tuesday as many markets reopened after the lon... China 'la gran estafa' AlbertoBernalLe
Source: Reuters - 🏆 2. / 97 Read more »

Stock market slumps at the open after GDP reportU.S. stocks kicked off Friday trade slightly lower after a reading of the rate of economic expansion in the U.S. in the first quarter came in better than...
Source: MarketWatch - 🏆 3. / 97 Read more »

Economy grows 3.2% in first quarter, GDP shows, much stronger than anticipatedThe economy accelerated to a 3.2% annual rate in the first three months of 2019, the Commerce Department said Friday. MAGA 2020 Ya know what happens to balloons when they expand more than they are supposed to...... Thanks Donald!!!
Source: MarketWatch - 🏆 3. / 97 Read more »

Behind that great GDP number, the real economy slumpedThe economy isn’t doing nearly as well as that 3.2% GDP number reported Friday. Consumption and investment are both slowing.
Source: MarketWatch - 🏆 3. / 97 Read more »

The U.S. economy is “undeniably cooling” despite strong GDP growth, analysts sayU.S. gross domestic product for Q1 surprised analysts with its strength, but they warn the data beneath the headline tells a different story. It’s almost like you have an agenda. BS 😂😂😂😂 Bless your hearts.
Source: Newsweek - 🏆 468. / 52 Read more »

Margins Are Tightening For US Airlines As Capacity Growth Keeps Outpacing GDPUS airlines have enjoyed eight straight years of profits, but with costs increasing and margins narrowing the outlook is less clear. The reason: Capacity kept growing faster than the economy.
Source: Forbes - 🏆 394. / 53 Read more »