Before the Bell: ASX to lift as inflation data and Fed rate rises loom
Australian shares are set to rise before a big week of numbers that includes Australian inflation figures, and Federal Reserve and ECB interest decisions.
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Australian shares are set to rise before a big week of numbers that includes Australian inflation figures, and Federal Reserve and ECB interest decisions.
Sure, the yield curve is still inverted, but just look at equity markets.
(Bloomberg) -- It made sense at the time. Jerome Powell was waging war on inflation. The bond market was flashing dire warnings. Practically everyone saw a recession coming.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesAMC Shares Surge as Judge Denies APE Deal in Surprise RulingAnd y
Top ETFs are paying double-digit returns but lower-risk bonds and risk-free term deposits are offering more than 4 per cent.
This year's U.S. stock and bond sell-offs have boosted demand for strategies aimed at generating returns less dependent on upside in those asset classes during an extended period of volatility.