Stocks up as commodity slide offers a salve for inflation fears

SINGAPORE : Stocks and bonds were both headed for their first weekly gain in a month on Friday as investors wagered on central banks bringing inflation to heel, though growth fears dragged on commodities.

The price falls have made for some relief in equities since energy and food have been the drivers of inflation. After some heavy recent losses, MSCI's World equities index is up 2 per cent on the week. "While market worries about an abrupt slowdown are the culprit behind recent moves lower in raw materials prices, lower commodity prices do feel like they could be just what the doctor ordered for the global economy," said NatWest markets strategist Brian Daingerfield.Soft data through this week has been to blame.

Canada Canada Latest News, Canada Canada Headlines

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

4 Dividend Stocks to Own for the Rest of Your LifeHere are four dividend stocks you can consider buying and then socking away for decades. The post 4 Dividend Stocks to Own for the Rest of Your Life appeared first on The Smart Investor. Hoarding for decades, I wonder if I have any hope of cashing out🙃
Source: YahooSG - 🏆 3. / 71 Read more »

Asian stocks stumble as Wall St optimism peters outTOKYO : Asian stocks slipped in volatile trade on Wednesday, failing to extend Wall Street's rally as persistent worries about interest rates and inflation remained a key focus for investors, while the Japanese yen hit a fresh 24-year low against the dollar.MSCI's broadest index of Asia-Pacific shares out
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »