Stocks welcome U.S. inflation relief, but wary of Fed

up 0.7% at the close. The dollar, which is falling from 20-year highs as U.S. interest rate expectations retreat, dropped broadly and sharply, while bonds rallied.

"I suspect it was a bit of 'hang on, guys,' - next up is the and maybe we want to take some profit and keep our positions trim."0.1% last month, 0.2 percentage points slower than economists expected, and in the 12 months through November, headline CPI climbed 7.1% - its slowest pace in about a year.rose as much as 3.8% before closing 1% higher. S&P 500 futures rose about 0.2% in Asia.

The U.S. dollar fell 1.5% against the yen after the inflation data and was steady at 135.58 yen in Asia. The U.S. dollar index fell to a six-month low of 103.57, before steadying at 104.01. It is down more than 9% from a two-decade high made in September.Futures pricing shows markets expect the Fed will slow the pace of hikes, but still raise its Funds rate target range by 50 bps to between 4.25% and 4.5% later on Thursday.

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.

Asian stocks drop on Fed fears, China optimism wanes By Investing.com*ASIAN STOCKS DROP TO START THE WEEK ON FED FEARS, CHINA OPTIMISM WANES 🇨🇳 🇭🇰 🇯🇵 🇰🇷 🇹🇼
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Asian Stock Market: US inflation-led relief jostles with pre-Fed anxiety, China concernsAsian Stock Market: US inflation-led relief jostles with pre-Fed anxiety, China concerns – by anilpanchal7 Asia RiskAppetite China Fed Inflation
La source: FXStreetNews - 🏆 14. / 72 Lire la suite »

U.S. stocks surge as cooling inflation calms fears of Fed rate hikes By Investing.com*U.S. STOCKS RISE AS COOLING INFLATION CALMS FEARS OF FED RATE HIKES $DIA $SPY $QQQ 🇺🇸🇺🇸 Lavde ka rise sell Today they surge, tomorrow they plummet. Same old, same old. There will still be a rate hike. 7.1 is not close to 2....
La source: Investingcom - 🏆 450. / 53 Lire la suite »

U.S. stocks open modestly higher ahead of CPI data, Fed meetingU.S. stocks had modest gains at the open on Monday, as investors await the release of the CPI for November and the Fed’s decision on interest rates. The Dow Jones Industrial Average advanced 128 points, or 0.4%, to 33,604:
La source: MarketWatch - 🏆 3. / 97 Lire la suite »