Asian Stocks Advance As Soft US CPI And AI Earnings Lift Sentiment
3 Articles
3 Articles
Asian stocks are mostly positive on Thursday morning in the wake of subdued US inflation data, which has put a lid on expectations of further interest rate hikes from the US central bank, the Federal Reserve, in the near term.
Asian Stocks Advance As Soft US CPI And AI Earnings Lift Sentiment
BitcoinWorld Asian Stocks Advance as Soft US CPI and AI Earnings Lift Sentiment Asian stock markets rose on [date, e.g., Wednesday], as a softer-than-expected US inflation report and strong earnings from major artificial intelligence companies boosted investor confidence across the region. Market Overview The latest US Consumer Price Index (CPI) data, released [yesterday], showed a cooling inflation trend, easing concerns about further aggressi…
Asian stocks rise as rate hike bets ease, South Korea’s Kospi Index rallies 3.7%
US CPI reading and a cooler-than-expected US jobs report ‘may keep hawkish Fed officials at bay in September’, says Wells Fargo Investment Read more at The Business Times.
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