Asian stocks rise amid US inflation cheer; China lags ahead of key earnings

Investing.com-- Most Asian stocks rose on Wednesday, tracking overnight gains on Wall Street as a soft producer inflation reading furthered bets that the Federal Reserve will begin cutting rates from September.

Regional markets took a positive lead-in from Wall Street, with U.S. stock benchmarks recouping all of last week’s wipeout on positivegrew as expected in July, pushing up concerns that a sustained increase in inflation will give the Bank of Japan more headroom to hike interest rates.data for the second quarter, due on Thursday, which comes after the Japanese economy shrank much more than expected in the first quarter.

France Dernières Nouvelles, France 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.

Stock market today: Asian shares sink, weighed down by Wall St tech retreat, China policy questionsAsian shares retreated Friday after a broad washout across Wall Street dragged U.S. stocks lower, and Hong Kong’s benchmark dipped more than 2% as
La source: Mynorthwest - 🏆 438. / 53 Lire la suite »

Asian stocks sink on political uncertainty; China rate cut offers little cheerAsian stocks sink on political uncertainty; China rate cut offers little cheer
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Asian stocks fall as US-China jitters persist; TSMC sparks little cheerAsian stocks fall as US-China jitters persist; TSMC sparks little cheer
La source: Investingcom - 🏆 450. / 53 Lire la suite »

Asian stocks rise with inflation readings on tap; China lagsAsian stocks rise with inflation readings on tap; China lags
La source: Investingcom - 🏆 450. / 53 Lire la suite »