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Emerging Assets Pare Losses After US PPI Trails Estimates

(Bloomberg) -- Emerging-market assets pared losses Thursday after the latest US inflation figures came in slightly lower than estimates, softening the risk-off sentiment sparked by CPI data from the world’s largest economy in the last session.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussia Destroys Largest Power Plant in Ukrai...
United States South Korea South Africa South Korean Bloomberg Businessweek Brad Bechtel
Source: yahoo.com

Morning Bid: Central bank sensitive shares face week of data

Investors in Asia may favor playing it conservative ahead of a slew of economic indicators in coming days, especially with Japan's stock market notching consecutive record highs and market closures on Friday for many centers, including Hong Kong. Japan's Nikkei 225 was hardly unique last week, extending its rally on Thursday and Friday. While dovish central bank signals emanated from the Federal Reserve, Swiss National Bank and Bank of England, it was the Bank of Japan that kicked of...
Alden Bentley Lisa Shumaker Federal Reserve Swiss National Bank Wall Street Premier Li Qiang
Source: yahoo.com

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Wall St eyes muted open as markets brace for inflation data, Fed meeting

The S&P 500 was muted and Nasdaq inched lower on Monday in the run-up to an action-packed week that includes the Federal Reserve's policy meeting and inflation data, both of which will test investor optimism about monetary policy easing next year. The upbeat sentiment around stabilizing interest rates and robust quarterly earnings caused equities to rebound towards the end of the year, with the benchmark S&P 500 hitting its highest intra-day level of the year. The S&P 500 a...
Johannm Cherian Pooja Desai Sam Stovall Group Fedwatch European Central Bank Federal Reserve
Source: yahoo.com

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