Chinese stocks climb; dollar steady before US inflation test

SINGAPORE - Asian stocks got a lift on Thursday from Chinese stocks as China's central bank kicked off its 500 billion yuan facility to spur capital markets, while the dollar lingered near a two-month high ahead of U.S. inflation data later in the day.

"It’s likely that if and when we get more details on the scale of spending, other policymakers will be better able to start to roll out supportive policies relevant to their functions," said ING economists in a note on Thursday. Benchmark indexes in China notched their biggest daily losses on Wednesday since the COVID-19 pandemic began.

However, there appeared even broader agreement that the initial move would not commit the Fed to any particular pace of rate reductions in the future, the minutes showed. September's CPI is likely to show core inflation holding steady at a 3.2% year-on-year clip, according to economists polled by Reuters.

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans.
Fonte: wjxt4 - 🏆 246. / 63 Consulte Mais informação »

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans. Hong Kong's Hang Seng sank nearly 6% as traders sold to lock in profits from recent gains. Shares elsewhere in Asia declined. On Monday, U.S.
Fonte: AP - 🏆 728. / 51 Consulte Mais informação »

Stock market today: Chinese shares soar, then fade as Beijing outlines details of stimulusShares have soared in Shanghai but gave up a chunk of their initial gains as officials in Beijing outlined details of the government's stimulus plans.
Fonte: ksatnews - 🏆 442. / 53 Consulte Mais informação »

Chinese Stock Market: A 'Bear Market Rally' Could Be on the HorizonStocks Analysis by Charles-Henry Monchau covering: Nasdaq 100, Gold Spot US Dollar, S&P 500, US Small Cap 2000. Read Charles-Henry Monchau's latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Consulte Mais informação »