International Finance: Stocks eke out gains, dollar eases before CPI data: markets wrap

Hong Kong scrapping its three-day Covid monitoring period for arriving travellers bolstered sentiment during Asian trading, sending shares in the city higher. US futures remained slightly lower.

Investors will be closely watching the consumer price figures, which are expected to remain elevated even as the rate of increase slows. A subdued CPI print would justify the Federal Reserve’s projected half-point move on Wednesday and shed light on whether markets can expect rate cuts in late 2023.

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