Morning Bid: Inflation, tariffs dominate market landscape

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World Markets,Inflation Data,China

Inflation data from the world's three largest economies - China, the United States and euro zone - sets the tone for world markets this week, and Asia gets...

Inflation data from the world's three largest economies - China, the United States and euro zone - sets the tone for world markets this week, and Asia gets the ball rolling on Monday following the April figures out of Beijing at the weekend.

The full announcement, expected on Tuesday, will maintain existing tariffs on many Chinese goods set by former President Donald Trump, and will also add new tariffs to semiconductors and solar equipment. Also on Saturday, figures showed that new bank lending in China fell more than expected in April while broad credit growth hit a record low, underscoring how sluggish the economic recovery is and the need for more action from Beijing to rev it up.

Inflation is expected to return to the Reserve Bank of India's 4% target next quarter, also when the central bank is expected to cut rates, according to a Reuters poll. Spin Master and another fallen stock could be great buys on weakness. The post TFSA Value Stocks: 2 Laggards That Could Come Soaring Back appeared first on The Motley Fool Canada.Looking for stocks that could help you get richer in 2024 and long into the future. These four stocks have been long-term performers and have more to do. The post 4 Stocks That Can Help You to Get Richer in 2024 appeared first on The Motley Fool Canada.

 

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