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Stocks make tentative start to second half under growth clouds

Channel News Asia LogoChannel News Asia1 mo ago

Stocks make tentative start to second half under growth clouds

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SINGAPORE : Bonds slipped, the dollar edged higher and Asia's stockmarkets made a shaky start to the second half on Friday, as investors grow increasingly nervous about the global economic outlook.

"Many investors want a clear outlook," said Steven Wieting, chief investment strategist at Citi Global Wealth Investments, but the future does not present a steady, reliable recovery.

Eurozone consumer price data is due later on Friday and July figures in the United States will be a blockbuster for financial markets.


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Article Details

Category: Economy

Topics: Cent Last Friday Data Global Dollar Japan Index Months Markets Inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-01, 10:38:18

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 5 minutes read

Article Length: 801 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 24158

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About Channel News Asia

Channel News Asia Logo

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 57 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 42m ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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