China Stocks Eye Gains; Traders Await CPI Reports: Markets Wrap

-- China-related equities were poised for further gains on Tuesday, while other Asian stocks look muted ahead of a swath of global inflation prints expected to influence monetary policy.Xi’s China EV Dream Came True. 10 Years On, Walls Are Going Up

Traders will this week be studying fresh inflation data from Australia to Japan, the euro region and the US. Bank of Japan Governor Kazuo Ueda and his deputy indicated there is scope for gradually raising interest rates now that the nation has shifted away from an inflation norm of 0%. While an ECB rate cut in June has been widely telegraphed, subsequent steps are less clear given uncertainty over wage growth and factors like the fighting in the Middle East. Data this week may show headline inflation in the euro region ticked up in May.Trading of cash Treasuries was closed. The “T+1” rule that has the potential to cause trouble for overseas investors will come into effect when traders return from the long weekend — making US equities settle in one day rather than two.

Investing guru James Rickards says gold will hit $27,533 an ounce — and it's 'not a guess.' Here's his argument2 REITs to Buy to Earn Like a Lazy Landlord

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.

Asian Stocks to Rise After US Gains, China Support: Markets Wrap(Bloomberg) -- Asian stocks are set to climb in early trading after US equities notched a fresh record amid resilient corporate earnings and China took steps...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks to Rise After US Gains, China Support: Markets WrapAsian stocks are set to climb in early trading after US equities notched a fresh record amid resilient corporate earnings and China took steps to shore up its property market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

China Property Stocks Surge as Home-Buying Easing Gains MomentumChinese developer stocks rallied for a second day after two major cities scrapped restrictions on residential property purchases, boosting optimism that more local governments will follow suit.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Asian Stocks Eye Sluggish Start After China Data: Markets WrapAsian stocks are set for a sluggish open Monday amid signs of a slowing US economy and weekend data that signaled weak demand in China.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Asian Stocks Eye Sluggish Start After China Data: Markets Wrap(Bloomberg) -- Asian stocks are set for a sluggish open Monday amid signs of a slowing US economy and weekend data that signaled weak demand in China. Most...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asian Stocks Eye Positive Start as China Returns: Markets Wrap(Bloomberg) -- Asian equity markets are eyeing a strong open as China returns from a three-day holiday and Friday’s softer-than-expected US jobs report...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »