European, Asian stocks rise as traders eye US inflation

  • 📰 TheCitizen_News
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 75%

México Noticias Noticias

México Últimas Noticias,México Titulares

Sentiment took a blow last week after Federal Reserve officials warned they wanted more evidence prices were being brought under control.

rose Monday in holiday-thinned trading, with investors awaiting fresh US and European inflation data for more clarity on the outlook for interest rates.

Hong Kong, Tokyo, Shanghai, Sydney, Seoul, Mumbai, Singapore, Bangkok and Taipei all rose, though there were some losses in Jakarta, Manila and Wellington. “Investors will look to US PCE print this Friday as a potential signpost for further market directions,” Ng added. “While last week began on optimism that inflation could allow the Fed to cut rates as early as in September, this week begins on pessimism that the latter will probably not be possible,’ said Ipek Ozkardeskaya, senior analyst at Swissquote bank.While the Fed holds on rate cuts, eurozone inflation data for May will be released on Friday and a further cooling would reaffirm expectations that the European Central Bank will cut rates in June.

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 6. in MX

México Últimas Noticias, México Titulares

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

Saxo survey reveals investor sentiment aligns with general market uncertaintySaxo Bank, a global leader in online trading and investment, released the findings of its recent client survey, shedding light on investor
Fuente: SATodayNews - 🏆 44. / 51 Leer más »