Asia stocks edge up on Nvidia hopes, NZ dollar jumps

New Zealand's central bank offered a sobering assessment of its inflation problems, warning that rates would have to be higher for longer to bring them to heel in a shock to local markets.MSCI's broadest index of Asia-Pacific shares outside Japan firmed 0.4%, having already climbed for four straight weeks to reach a two-year top.eased 0.6% as data showed a weak yen was boosting exports but also stoking imported inflation and weighing on business sentiment.

"Sentiment is quite positive, with our bars well-above consensus and a sense that management has left some in the tank to surprise positively," said JPMorgan analyst Josh Meyers. Figures on UK inflation due later in the session could decide whether the Bank of England eases as early as June, or waits to August.

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.

Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings LoomThe market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.
La source: CoinDesk - 🏆 291. / 63 Lire la suite »

NVIDIA earnings preview: Stock price forecast after May 2024 earningsNVIDIA earnings preview: Stock price forecast after May 2024 earnings
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Stock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earningsStock Market Today: S&P 500, Nasdaq in record close ahead of Nvidia earnings
La source: Investingcom - 🏆 450. / 53 Lire la suite »

A chip stock hedge if the AI trend cools off a bit following Nvidia's earningsJeff Kilburg believes the AI theme could be due for a breather.
La source: CNBC - 🏆 12. / 72 Lire la suite »