Stocks, commodities regain footing after slump [Reuters (UK)]
Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG)
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Source: Reuters
Stocks, commodities regain footing after slump | Reuters 5 Min Read LONDON (Reuters) - Stocks and commodity markets regained some poise on Thursday, having suffered wild tailspins in the previous session as the United States ratcheted up trade war threats on China. A 2 percent rebound on China’s big bourses [.SS] steadied Asian nerves as oil markets clawed back some of Wednesday’s 7 percent slump that had marked their worst day in 2-1/2 years. Beaten-up industrial metals including copper and nickel [MET/L] and European stocks pulled higher too in early trade [.EU], while there was some relief for Turkish markets after the lira TRY= had been dumped to a record low by interest rate cut talk from its re-elected President Tayyip Erdogan. The dollar meanwhile rose to a six-month high against the Japanese yen JPY=EBS after U.S. inflation data that bolstered the case for more Federal Reserve rate hikes this year. “It mostly seems to be relief after the all-red, risk-off day yesterday,” said
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- Traders Favor One BOE Cut in 2024 After Hot Inflation Data [BNN Bloomberg (Canada)]BNN Bloomberg
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SMFG
Sec Filings
- 3/27/24 - Form 6-K
- 3/27/24 - Form 6-K
- 3/25/24 - Form 6-K
- SMFG's page on the SEC website