Buy the Dip in Global Stocks as Rates Peak, Citi Strategists Say - BNN Bloomberg

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It’s the right time to buy global equities after a pullback that brought them to the brink of a correction, according to Citigroup Inc. strategists.

Global Food Prices Steady at Two-Year Low on Cheaper OilseedsAsia Stocks Set for Muted Open Before US Jobs Data: Markets WrapBuy the Dip in Global Stocks as Rates Peak, Citi Strategists SayFinnair Plans €600 Million Rights Issue to Shore Up FinancesNorway Set to Rein In Spending of its Oil RichesRussia Lifts Diesel-Export Ban for Its Oil ProducersLNG Threat Returns as Australia Workers Discuss Resuming StrikesNew ECB Interest Rate Hikes Remain Possible, Schnabel SaysShell Sees Improved Earnings...

Africa Could Miss 2025 Gray List Exit, New FirstRand CEO SaysGerman Industry Slams High Energy Costs as ‘Self-Made’ ProblemUkraine Recap: Russian Missiles Hit Residential Area of KharkivTurkey Hits Kurd Militia in Syria After US Downs Its Armed DroneShell Sees Improved Earnings from Gas Trading in Third QuarterUAE to Jointly Develop $8 Billion of Renewable Power in MalaysiaPutin Says Russia May Revoke Ban on Nuclear Weapons TestsEskom to Have a CEO by Year End, South Africa’s Gordhan SaysOil...

 

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Stocks climb in calm before potential US payrolls stormA lull in bond selling stretched into Asia trade on Friday, but may not last the day as investors waited on U.S. jobs data that could add to the case for keeping interest rates high for some time. Tokyo's Nikkei was flat and currency markets were similarly steady with the dollar just off recent highs as traders looked to the labour data for guidance. U.S. economic data has been mixed lately, though markets have been especially wary that signs of resilience could justify holding rates elevated for longer or even hiking interest rates, and 10-year U.S. Treasury yields are up 55 basis points in five weeks.
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