Stocks rise, dollar retreats ahead of inflation data

rose 0.6% and U.S. stock index futures , rose 0.2-0.4%, suggesting a modest rise at the opening bell.on Monday who said the level of inflation warranted additional rate hikes but the central bank is nearing the end of its current monetary policy tightening cycle.

" movements, especially between the jobs report and inflation when they're so close together, I take with a relative pinch of salt," OANDA market strategist Craig Erlam said. "While there is increasing evidence of near-term disinflationary trends, questions remain as to whether inflation will persist at uncomfortably high levels in the medium-term," Deutsche Bank strategist Jim Reid said.

Chinese regulators on Monday extended some policies in a rescue package introduced in November to shore up liquidity in the embattled real estate sector.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Exploring opportunities in packaging stocksToday on the MoneywebNOW podcast with SimonPB : A look at whether packaging stocks are offering any value and the impact of mega music concerts on inflation. Download podcast:
Source: Moneyweb - 🏆 5. / 77 Read more »

Stocks take a breath while bonds choke on China disinflation drag - SABC NewsGlobal stocks took a breath on Monday after a surprisingly low reading on Chinese inflation and ahead of data on US inflation and corporate earnings later in the week.
Source: SABCNews - 🏆 37. / 51 Read more »