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2024-05-10 02:59:31

Global Markets React to US Inflation Surprise, Chinese New Year Break, and Spring Festival Holiday Market Review on Nostr: Asian markets rise as US data boosts rate hopes =============== #6b553831 ver:0.21 ...

Asian markets rise as US data boosts rate hopes
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#6b553831 ver:0.21

Asian markets rise as US data boosts rate hopes, with investors monitoring central bank comments for insights into monetary policy. Hong Kong resumes upward journey, while Tokyo, Shanghai, Singapore, Wellington, Manila, and Taipei experience declines. Wall Street tepid after surging on below-forecast US jobs data. Traders assess outlook for rates as speculation grows for Fed rate cut in September. Bank of England hints at possible rate cut, while European Central Bank expected to cut rates in June. Hong Kong enters bull market, oil prices edge up. #AsianMarkets #RateHopes #CentralBanks...

#newstr #AsianMarkets #RatesOutlook #MonetaryPolicy #EconomicRelease #CentralBankers #UsData #FederalReserve #LaborMarket #UsTreasuryBondYields #Inflation #BankOfEngland #EuropeanCentralBank #HongKong #OilPrices #MiddleEast

https://here.news/story/6b553831?ver=0.21
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