Asia stocks edge higher with CPI in focus; China volatile amid stimulus talk

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 79 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Asia stocks edge higher with CPI in focus; China volatile amid stimulus talk

Investing.com-- Most Asian stocks drifted higher on Thursday with focus on key U.S. inflation data for more cues on interest rates, while Chinese markets logged wild swings as Beijing flagged plans for more fiscal stimulus measures.But U.S. stock index futures were flat in Asian trade, given that the minutes also showed the Fed did not commit to any pace of interest rate cuts.

The move came after a briefing held on Tuesday, regarding recent monetary stimulus measures, largely disappointed investors. Chinese markets had tumbled from two-year highs on Wednesday. Investors turned doubtful over just how much more support Beijing will dole out, given that the country is also grappling with heightened debt levels.Chinese markets took some support from the People’s Bank doling out 500 billion yuan in liquidity support for capital markets.Nifty 50Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors.

Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.would like to remind you that the data contained in this website is not necessarily real-time nor accurate.

It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks edge higher with CPI in focus; China falls past fiscal stimulus talkAsia stocks edge higher with CPI in focus; China falls past fiscal stimulus talk
Source: Investingcom - 🏆 450. / 53 Read more »