Global stocks little changed amid mixed inflation signs

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Central banks in the US and Europe face weighing the need for higher rates with fading growth forecasts

London — Global shares were little changed on Wednesday, pausing after a six-day slump amid a mixed inflation picture, while supply concerns amid Russia’s ongoing invasion of Ukraine helped push oil prices higher.

At 10.39am GMT, the MSCI World Index was flat at 689.80 points as most leading European indices were lower, with the Stoxx Europe 600 down 0.4%. However, the UK’s FTSE 100 recovered early falls to trade unchanged. Overnight in Asia, much weaker-than-expected import data from China weighed on the outlook, but added to views that Beijing could ease policy further, helping MSCI’s broadest index of Asia-Pacific shares outside Japan climb 0.6%.

The yield on 10-year Treasury notes rebounded on Wednesday and was last at 2.7519%, compared with a more than three-year peak of 2.836% before the inflation data. The two-year yield was 2.4261%.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Business Maverick: Soaring Prices Reach Asia to Bring Global Inflation In SyncThe world is now facing a synchronised inflation outbreak as food and energy prices surge in Asia, a shift from just a few months ago when the region appeared to avoid the price fever gripping the US and parts of Europe.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

MARKET WRAP: JSE closes lower in line with global peersHigher inflation in China, the war in Ukraine and the US Fed’s interest-rate policy are weighing on market sentiment
La source: BDliveSA - 🏆 12. / 63 Lire la suite »