Asian Stocks to Gain, Treasuries Rally Into US PCE: Markets Wrap

-- Equities in Asia are set to rise after gains on Wall Street, while Treasuries rallied ahead of the Federal Reserve’s preferred inflation gauge due Friday.China’s Finance Elite Face $400,000 Pay Cap, Bonus Clawbacks

The US government marked down personal spending to an annualized 1.5% in the first quarter. Separate releases showed declines in orders and shipments of certain business equipment, weakness in the job market and a slide in homebuying. Economists expect data Friday to show that the Fed’s preferred gauge of underlying inflation slowed to an annualized rate 2.6% last month from 2.8%. While that’s the lowest reading since March 2021, it remains above the Fed’s goal for 2% inflation.

In commodities, oil was set to advance for a third session on Friday while gold held onto Thursday’s gains.Fed’s Thomas Barkin speaks, FridayThe Japanese yen was little changed at 160.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Asian Stocks to Gain, Treasuries Rally Into US PCE: Markets WrapEquities in Asia are set to rise after gains on Wall Street, while Treasuries rallied ahead of the Federal Reserve’s preferred inflation gauge due Friday.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »

Markets today: Tech rout hits stocks as treasuries gain after GDPWall Street traders sent stocks down and bonds up after the latest round of economic data signaled momentum is slowing.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »

Asian Stocks Eye Early Gain as US Momentum Slows: Markets WrapAsian stocks are set to climb Friday as the latest round of US economic data signaled momentum is slowing, boosting the case for the Federal Reserve to start cutting interest rates this year.
Sumber: BNNBloomberg - 🏆 83. / 50 Baca lebih lajut »

Asian Stocks Eye Early Gain as US Momentum Slows: Markets Wrap(Bloomberg) -- Asian stocks are set to climb Friday as the latest round of US economic data signaled momentum is slowing, boosting the case for the Federal...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »