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Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers /
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2024-05-13 16:03:06

Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: Dollar slips as market awaits key inflation data, raising expectations of rate cuts ...

Dollar slips as market awaits key inflation data, raising expectations of rate cuts
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#0265b35c ver:0.52

The dollar slips as market awaits key inflation data, raising expectations of rate cuts. Asian markets rise as traders track gains in NY and records in London and Frankfurt. Speculation grows that the Fed will cut rates in September. European shares set to open mixed amid uncertainty about Fed rate cuts. Dollar slides against major currencies as US data shows slowing inflation and consumer spending. Fed expected to cut rates by 25 basis points in September. Expectations for softer CPI, retail sales, and industrial production this week. Markets pricing in 80% chance of rate cut by September. #inflation #ratecuts #markets...

#newstr #AsianMarkets #UsData #InterestRates #Shares #Fed'sRateOutlook #EuropeanShares #UsFederalReserve #Inflation #UsCpi #Dollar #TreasuryYields #Oil #Gold #Copper

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