Stocks rise, dollar retreats ahead of inflation data

  • 📰 ReutersAfrica
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Global shares rose and the dollar eased on Tuesday ahead of U.S. inflation data that could warrant a quicker end to Federal Reserve rate hikes, while the prospect of China propping up economic growth helped lift commodities like oil and copper.

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 31. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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:
Källa: Moneyweb - 🏆 5. / 77 Läs mer »

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.
Källa: SABCNews - 🏆 37. / 51 Läs mer »