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April 9, 2024
(Bloomberg) — Stocks in Asia showed modest gains in range-bound trading, as investors looked for new themes ahead of key US consumer price data due Wednesday. Benchmarks rose in Australia and Hong Kong, with those in Japan lifted by a weaker yen that benefits exporters. Their counterparts in South Korea and mainland China slipped. Treasury…
April 9, 2024
(Bloomberg) — Traders mostly refrained from major wagers on stocks and bonds in the buildup to Wednesday’s US inflation figures, which are crucial to the debate over when the Federal Reserve will start to cut interest rates. Mining stocks were a bright spot in Europe as iron ore headed for its biggest two-day rally…
April 8, 2024
(Bloomberg) -- The stock market erased losses in the final minutes of Wall Street trading and bonds climbed, with traders positioning for key inflation data that will help shape the outlook for the Federal Reserve’s next steps.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareUkraine Says It’s Behind Blaze on Russian Warship in Baltic SeaBillionaire Geiger, Blackstone Near L’Occitane DealYellen Junks 200 Y...