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Asian Stocks Climb After Fed, Yen Resumes Losses: Markets Wrap - Vimarsana News

Asian Stocks Climb After Fed, Yen Resumes Losses: Markets Wrap

(Bloomberg) — Stocks traded mixed and Treasury yields ticked lower after Federal Reserve Chair Jerome Powell downplayed the prospect of further interest-rate hikes. The yen resumed losses after a sudden jump hinted at intervention. Europe’s Stoxx 600 fell 0.3% as Novo Nordisk A/S dropped on disappointing results and Moller-Maersk A/S, a bellwether for global trade,…

Stocks Mixed After Fed With Apple Results in Focus: Markets Wrap - Vimarsana News

Stocks Mixed After Fed With Apple Results in Focus: Markets Wrap

(Bloomberg) — Stocks traded mixed and Treasury yields ticked lower after Federal Reserve Chair Jerome Powell downplayed the prospect of further interest-rate hikes. The yen resumed losses after a sudden jump hinted at intervention. Europe’s Stoxx 600 fell 0.3% as Novo Nordisk A/S dropped on disappointing results and Moller-Maersk A/S, a bellwether for global trade,…

French and Italian Inflation Keep ECB on Path to Lower Rates - Vimarsana News

French and Italian Inflation Keep ECB on Path to Lower Rates

(Bloomberg) -- French inflation eased below 3% for the first time in 2 1/2 years and Italy reported a lower-than-expected reading, confirming a trend that has tipped the European Central Bank toward cutting interest rates.Most Read from BloombergTesla’s $25,000 Car Means Tossing Out the 100-Year-Old Assembly LineFed’s Preferred Inflation Metric Cools While Spending ReboundsApple Plans New iPad Pro for May as Production Ramps Up OverseasBankman-Fried Is Sentenced to 25 Years in Prison Over FTX Co

Source: yahoo.com
Turkish Economy Is Skirting Recession Even as Rates Shoot Up - Vimarsana News

Turkish Economy Is Skirting Recession Even as Rates Shoot Up

(Bloomberg) -- Turkey’s $1.1 trillion economy probably eked out growth again, avoiding a contraction during a two-quarter stretch when the central bank delivered the bulk of its massive interest-rate hikes.Most Read from BloombergHow Much Wealth You Need to Join the Richest 1% Around the WorldApple to Wind Down Electric Car Effort After Decadelong OdysseyThis Is Where New Migrants Are Going When They Reach the USSupreme Court Immunity Case Jeopardizes Trump Trial Pre-ElectionFlawed Valuations Th

Source: yahoo.com
China Set to Reach 2023 GDP Goal as Focus Shifts to New Year - Vimarsana News

China Set to Reach 2023 GDP Goal as Focus Shifts to New Year

China’s set to publish the last major data dump for 2023, capping a difficult year after its emergence from Covid Zero and shifting the attention to whether it can sustain momentum this year.