(Bloomberg) — Asian equities rose Thursday after US stocks set a fresh high ahead of inflation data that may help shape Federal Reserve policy easing in the coming months. Most Read from Bloomberg Stocks in China jumped after authorities released details of a liquidity tool institutional investors can use to purchase shares, a measure initially…
By Ankur Banerjee SINGAPORE (Reuters) – Asian stocks got a lift on Thursday from Chinese stocks as China’s central bank kicked off its 500 billion yuan facility to spur capital markets, while the dollar lingered near a two-month high ahead of U.S. inflation data later in the day. The People’s Bank of China (PBOC) said…
US stocks slipped on Monday afternoon as the 10-year Treasury yield (^TNX) jumped past 4% for the first time since August ahead of a week of key inflation data and the start of earnings season. The Dow Jones Industrial Average (^DJI) fell 1.2%, around 400 points, after notching a fresh record high as stocks soared…
Inflation data, Fed FOMC meeting minutes, start of Q3 earnings season will be in focus this week. AMD is a buy as it holds its annual ‘Advancing AI 2024’ event. Delta Air Lines is a sell with disappointing earnings, soft guidance on deck. Looking for more actionable trade ideas to navigate the current market volatility?…