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Most Asian markets fall after strong US data, eyes on inflation

Asian markets mostly fell Monday after a forecast-busting jobs report dampened US interest rate cut hopes, with attention now turning to the release of key inflation data this week.Bitcoin fell slightly, having hit a fresh record high above $70,000 for the first time on Friday as demand picks up and traders grow optimistic about the prospect of interest rates coming down this year.
United States Soult Ukpyolsi South Korea New York New Zealand General New Zealand
Source: yahoo.com

Oil prices fall on China demand worries

Oil prices extended last week's losses on Monday on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia limited the decline. Brent futures fell 48 cents, or 0.6%, to $81.60 a barrel at 0129 GMT, while U.S. West Texas Intermediate (WTI) dropped 50 cents, or 0.6%, to $77.51. "Worries over weak demand in China outweighed the extension of supply cuts by OPEC+," said Hiroyuki Kikukawa, president of NS Trading, a unit of Nissan...
Israel General United States Ismail Haniyeh Christopher Cushing Yuka Obayashi Vladimir Putin
Source: yahoo.com

Stock Traders Hit Pause at Start of Inflation Week: Markets Wrap

(Bloomberg) — Wall Street traders found little encouragement to keep pushing the stock market higher at the start of a week that will bring the last key inflation figures before the Federal Reserve decision. Equities retreated on Monday, with investors awaiting more clues on whether the recent uptick in consumer prices was just a blip…
New York United States United Kingdom Bruxelles Capitale Andrew Bailey Yannis Stournaras

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