Asian Stocks to Follow US Rally With Focus on CPI: Markets Wrap
Global equities are set for a fresh record after a big tech-led rally in US gauges, with investors awaiting key inflation data for clues on the Federal Reserve’s policy.
Global equities are set for a fresh record after a big tech-led rally in US gauges, with investors awaiting key inflation data for clues on the Federal Reserve’s policy.
China is considering a proposal to have local governments across the country buy millions of unsold homes, people familiar with the matter said, in what would be one of its most ambitious attempts yet to salvage the beleaguered property market.
Russia’s invasion of Ukraine has hit sovereign borrowing costs for the EU’s 10 eastern members, raising the cost by around half a percentage point since the war began, according to an analysis by the European Bank for Reconstruction and Development.
Diplomats are focusing on a narrow set of goals in preparation for a summit on Ukraine’s peace plan in Switzerland next month to ensure China and other nations of the so-called Global South attend the meeting.
Global equities rose to a record high ahead of a US inflation report that may offer clues on the Federal Reserve’s interest rate path.
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