Asian shares bounced and the safe-haven dollar edged lower on Tuesday as investors hoped this week's U.S. inflation data supports an imminent end to rate hikes and cheered the prospect China will deliver economic stimulus to prop up stalling growth.
Markets are awaiting U.S. inflation data due Wednesday to see if price pressures are continuing to moderate, which could provide clues on the interest rate outlook.was up 0.7% while U.S. stock futures, the S&P 500 e-minis , rose 0.06%.on Monday who said while additional rate hikes are needed to bring down inflation, the end to the central bank's current monetary policy tightening cycle is getting close.
"U.S. CPI will be coming into focus, with the associated event risk potentially adding to the vibe," ANZ analysts said in a note.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Asian Stock Market: Remains mixed amid sheer fall in China’s PPI, oil correctsMarkets in the Asian domain have shown a decent recovery on Monday despite a sheer slowdown in China’s consumer and Producer Price Index (PPI) and wag
Les mer »
CNBC Daily Open: June’s jobs report won’t deter Fed from hikesThere were 50,000 fewer jobs than forecast in June. But that's not enough for the Federal Reserve to hold interest rates steady at its upcoming meeting.
Les mer »
Fed's Daly: We are likely to need a couple more rate hikes this yearCommenting on the Federal Reserve's policy outlook, 'we're likely to need a couple more rate hikes over the course of this year to really bring inflat
Les mer »
Stock market news today: Fed signals more interest rate hikes aheadUS stocks rise as traders look past Fed warnings and brace for earnings to kick off
Les mer »
After the Affirmative Action Ruling, Asian Americans Ask What Happens NextKawsar Yasin, a Harvard sophomore of Uyghur descent, found the Supreme Court decision last week banning race-conscious college admissions gut-wrenching. Jayson Lee, a high school sophomore of Taiwanese descent, hopes the court’s decision will open the door for him and others at competitive schools. And Divya Tulsiani, the daughter of Indian immigrants, can’t help but think that the decision would not put an end to the poisonous side of college admissions. Sign up for The Morning newsletter from
Les mer »
Joy Ride is the Raunchy Asian-American Female Comedy You NeedJoyRide is a gleefully, uncompromisingly sweary, raunchy, sexy Asian-American road trip that's the funniest Hollywood comedy of the year. Lionsgate
Les mer »