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Take Five: That rate cut trade

Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in that tug of war. China continues to battle its property demons while it is Italy's turn to be in the eye of the ratings agencies. Here is your week-ahead primer from Lewis Krauskopf in New York, Kevin Buckland in Tokyo, Danilo Masoni in Milan and Alun John and Dhara Ranasinghe in London.
United Kingdom City Of United States Ping An New York Riddhima Talwani
Source: yahoo.com

Asian shares drop sharply as US price data revives rate hike jitters

Asian shares slid on Friday while the dollar was firm after U.S. consumer prices increased more than expected, bolstering the case for the Federal Reserve to keep rates higher for longer. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.94% on Friday, on course for its biggest one-day percentage drop in a week, having scaled a three-week high on Thursday. Declines for Chinese stocks were particularly large after data earlier in the day showed China's consumer prices we...
United States Ray Attrill Jerome Powell Edwina Gibbs Ankur Banerjee Ryan Brandham
Source: aol.com

IT Stocks Drag Indian Market Ahead Of CPI Data

Nikhil Bhatt | Research Analyst - Indian shares closed lower on Thursday, dragged by a slide in information technology (IT) stocks on weak earnings by Tata Consultancy Services, while investors await results of peers Infosys and HCLTech, as well as key inflation data, , it stocks, cpi data, indian stocks
United Kingdom Kotal Bank Bajaj Auto Tata Consultancy Services Tech Mahindra Power Grid

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