CPI surprise boosts hopes Fed hiking cycle is over
Stocks climbed while bond yields sank as the CPI data showed a slowdown in inflation, bolstering hopes the Fed hiking cycle is over.
Source: investmentnews.com
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Asia markets rise after soft U.S. inflation data; Japan economy shrinks faster than expected
Asia stocks were set to jump on Wednesday, taking cues from Wall Street overnight after soft U.S. inflation data.
Source: nbcconnecticut.com
Asia markets set to jump after soft U.S. inflation data
Asia stocks were set to jump on Wednesday, taking cues from Wall Street overnight after soft U.S. inflation data.
Source: nbcnewyork.com
Asia Extends Global Rally As US Inflation Slows More Than Thought
Equities surged Wednesday and the dollar struggled after slower-than-forecast US inflation was seen as all but putting to bed any chance of another interest rate hike, and even allowed traders to bet on a series of cuts in the new year.
Source: ibtimes.com
Wall Street Reacts To Today's CPI Shocker Which Was The Biggest "Market Surprise" Of 2023
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Source: zerohedge.com