Stocks rise on US inflation data, US-China trade hopes
30 Articles
30 Articles
Stocks rise on US inflation data, US-China trade hopes
Stock markets broadly advanced Friday after US inflation data bolstered expectations that the Federal Reserve would again cut interest rates next week, with fresh optimism over US-China trade relations further boosting confidence.
Markets Rally on Trade Hopes Amid Global Tensions and Supply Chain Woes
The markets are dancing to the tune of political theatre once again, with equities rising and oil prices surging on the mere whisper of a potential trade détente between the US and China. But let’s not be fooled by this Pavlovian response. The reality is far more complex and fraught with tension. President Trump’s optimism about a trade agreement with China may be more about bolstering his… Source
The Hungarian stock exchange is closed today, trading will only resume on Monday, but trading will continue as usual on the European and American markets, with no major markets closed. The long-awaited US inflation data for September arrived in the afternoon: a 3.0 percent decline in the money supply was measured, slightly lower than the 3.1 percent expected by analysts. The leading US stock indexes started the day in a positive direction, and t…
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