News Formal

Asia stocks sedate, dollar steady as inflation tests await

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Asia stocks sedate, dollar steady as inflation tests await

SINGAPORE -Asian stocks inched higher on Friday, while the dollar was steady, keeping the pressure on the yen, as investors await inflation readings from Europe and the U.S. that will likely dictate the path of interest rates globally.

Financial markets have been biding their time for the main data event of the week - Friday's April report on U.S. core personal consumption expenditures price index, which is the Fed's preferred inflation gauge. Inflation report from the euro zone is also due on Friday. Meanwhile, markets have so far shrugged of the Donald Trump verdict after he became the first U.S. president to be convicted of a crime on Thursday.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: European shares open higher after retreat in AsiaShares have opened higher in Europe after a retreat in Asia.
Source: ksatnews - 🏆 442. / 53 Read more »

Stock market today: European shares open higher after retreat in AsiaShares have opened higher in Europe after a retreat in Asia.
Source: wjxt4 - 🏆 246. / 63 Read more »