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Marketmind: China PMIs, US Fed statement will test growth outlooks

A look at the day ahead in Asian markets.Wednesday will bring prompt tests of the just-released International Monetary Fund upgrades of U.S. and Chinese growth outlooks that could should set the tone for markets, starting with Asia on Wednesday.The IMF on Tuesday adjusted its forecast for 2024 glob ....

Hong Kong , South Korea , Jerome Powell , Frank Rybinski , Market Committee , International Monetary Fund , Labor Department , Economic Outlook , China Evergrande , Federal Open Market Committee , Tuesday Fed , Aegon Asset , Skorea Industrial Output , Industrial Output ,

Marketmind: China PMIs, U.S. Fed statement will test growth outlooks

Wednesday will bring prompt tests of the just-released International Monetary Fund upgrades of U.S. and Chinese growth outlooks that could should set the tone for markets, starting with Asia on Wednesday. The IMF on Tuesday adjusted its forecast for 2024 global growth upward amid a stabilized inflation outlook, and said a "soft landing" was in sight. While IMF's World Economic Outlook may not be the biggest market mover, it threw down a marker for the two most important economies, raising the GDP growth rate outlook for China to 4.6% from 4.1% and the U.S. to 2.1% from 1.5%. ....

South Korea , Hong Kong , Jerome Powell , Alden Bentley , Frank Rybinski , David Randall , Market Committee , International Monetary Fund , Labor Department , Economic Outlook , China Evergrande , Federal Open Market Committee , Tuesday Fed , Aegon Asset , Skorea Industrial Output , Industrial Output , Asian Markets , International Monetary Fund , Industrial Output , Soft Landing ,