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Shares gain, treasuries steady ahead of all-important U S inflation

World stocks traded higher and bonds and currencies steadied on Wednesday, largely unfazed by ratings agency Fitch downgrading its China outlook, while traders awaited crucial U.S. inflation data due. -April 10, 2024 at 05:04 am EDT - MarketScreener

Asian stocks firm, take Fitch s China downgrade in their stride

SYDNEY (Reuters) -Asian stocks traded higher on Wednesday, unfazed by a rating downgrade to China by Fitch which triggered a mild domestic sell-off as the world's second-biggest economy struggles to mount a solid post-COVID recovery. U.S. stock futures, the S&P 500 e-minis, were up 0.1% at 5,265.3. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.48%, after U.S. stocks ended the previous session with mild gains.

Shares gain, treasuries steady ahead of all-important U S inflation | Hellenic Shipping News Worldwide

Shares gain, treasuries steady ahead of all-important U S inflation | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

Markets mixed after Wall St losses, Shanghai and Hong Kong rally

Asian markets were mixed Tuesday following a drop on Wall Street, though Shanghai and Hong Kong were lifted by a pledge by authorities to boost investment in a range of stocks as they look to staunch a long-running rout.However, Hong Kong and Shanghai among the world's worst-performing markets enjoyed much-needed buying interest after a unit that controls company stakes on behalf of China's government said it had expanded the scope of investments.

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