Asian stocks rise as commodity prices ease

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% 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.

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Asian stocks slip amid interest rate and inflation concernsThe gap between low interest rates in Japan and rising US rates has weighed on the yen, which hit a 24-year low against the dollar
Fuente: BDliveSA - 🏆 12. / 63 Leer más »

Business Maverick: Stocks Pare Gains After Powell Hints at Recession: Markets WrapUS stocks pared earlier gains after Federal Reserve Chair Jerome Powell reiterated his commitment to curb inflation during his congressional testimony and said that a recession could be a possibility.
Fuente: dailymaverick - 🏆 3. / 84 Leer más »

MONEY LIVE | JSE, global stocks down, oil prices plunge on recession fears | Fin24MONEY LIVE | JSE, global stocks down, oil prices plunge on recession fears -
Fuente: Fin24 - 🏆 21. / 63 Leer más »