(Bloomberg) — The bond market rebounded from session lows, with Jerome Powell only reiterating the Federal Reserve’s wait-and-see approach before policymakers decide to embark on interest-rate cuts. While the Fed chief didn’t break any major new ground, Wall Street got some relief from his views that recent inflation figures did not “materially change” the overall…
Asian Stocks to Rise as Powell Reaffirms Rate Cuts: Markets Wrap swissinfo.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swissinfo.ch Daily Mail and Mail on Sunday newspapers.
Australian shares are set to open lower, tracking losses on Wall St which sees fading prospects for a pivot to rate cuts. Oil rises. Gold resets record high.
Japan's benchmark rate hike expected to spare S-Reits with country exposure: analysts businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
Australian shares to open higher. US inflation lands slightly hotter than forecast. Nvidia leaps 7pc. Appen flags takeover interest. Treasury flags China progress. Follow here.