Possible inflation fueled by surging prices of commodities like iron, copper and oil－that's the prime-time market buzz around the world these days; and investors, it seems, can't overanalyze the goings-on in major economies such as the United States and China against a global backdrop of geopolitical tensions and waves of havoc wreaked by the obstinate COVID-19 pandemic.
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United Nations, May 25 (IANS) UN Secretary-General Antonio Guterres has called for global solidarity in the fight against the pandemic, saying that Covid-19 cannot be beaten one country at a time .
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LONDON (Reuters) - The dollar hit 4-1/2 month lows against a basket of peers on Tuesday, as softer-than-expected U.S. data and insistence from Federal Reserve officials that policy would stay pat allayed investor fears about inflation forcing interest rates higher.
FILE PHOTO: U.S. one dollar and Chinese Yuan are seen in this illustration taken May 7, 2021. REUTERS/Dado Ruvic/Illustration
The British pound rose, inching back toward the three-month high it reached at the end of last week. The Turkish lira edged lower, largely unfazed by the removal of one of the central bank’s four deputy governors.
Universal s Boss Baby Sequel to Premiere on Peacock and in Theaters on the Same Day
It later put the DreamWorks film The Croods: A New Age on demand shortly after it debuted in . .
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Universal s Boss Baby Sequel to Premiere on Peacock and in Theaters on the Same Day (Di martedì 25 maggio 2021)
It later put the DreamWorks film The Croods: A New Age on demand shortly after it debuted in . Families are at the heart of our decision today to make DreamWorks Animation s The
Boss
World FX rates tmsnrt.rs/2egbfVh (Updates Asian shares, adds Fed official comments)
HONG KONG, May 25 (Reuters) - Asian shares climbed in morning trade on Tuesday, tracking a Wall Street rally overnight, while the dollar held near a fourth-month low as investors tempered fears about inflation-driven rate hikes.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1% at a two-week high, after U.S. stocks ended the previous session with mild gains.
Australian shares were up 0.69%, while Japan’s Nikkei stock index rose 0.6%.
Chinese stocks hit a 2-1/2-month high on financial services, consumer and tourism gains in morning trade. The blue-chip CSI300 index jumped 1.89%, while the benchmark Shanghai Composite Index advanced 1.39%, reaching their highest levels since early March.