Asian Stocks Eye Sluggish Start After China Data: Markets Wrap
Asian stocks are set for a sluggish open Monday amid signs of a slowing US economy and weekend data that signaled weak demand in China.
Asian stocks are set for a sluggish open Monday amid signs of a slowing US economy and weekend data that signaled weak demand in China.
Australia’s Treasury is forecasting that inflation could return to the central bank’s target band before the end of 2024 — earlier than either the government or the bank previously predicted — as part of its upcoming budget.
The yen’s weakness is turning foreign investors away from Japanese stocks.
Hopes are running high that India’s rupee will stage a rebound as foreign inflows quicken. But analysts warn the central bank is likely to limit the gains.
The cotton industry is witnessing a fierce battle that pits Louis Dreyfus Co. against Singapore-based Olam Agri Holdings Ltd. in the pursuit of an Australian takeover. Global temperatures keep breaking records — causing wide-ranging impacts for agriculture and energy, and life itself. And palladium is losing its shine to platinum.
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