Asian stocks build on gains ahead of US inflation data
==========
Asian stocks rose as worries about a US recession eased; Tokyo's Nikkei led the rally and topped levels before last Monday's rout; Investors remain cautious ahead of US consumer and wholesale price figures; The inflation readings could cause big market moves; The Fed is walking a thin line between nurturing growth and controlling prices; Asian markets rallied, including Tokyo, Hong Kong, Sydney, Shanghai, Bangkok, Seoul, Taipei, Singapore, Wellington, Manila, and Jakarta; Oil prices edged lower due to fears of conflict in the Middle East and tensions in Russia; London, Paris, and Frankfurt also advanced; Key figures: Tokyo's Nikkei up 3.5%, Hang Seng Index up 0.4%, Shanghai Composite up 0.3%, FTSE 100 up 0.2%; Euro/dollar up at $1.0933, Pound/dollar up at $1.2807, Dollar/yen up at 147.84 yen; Oil prices down 0.5%, West Texas Intermediate at $79.66 per barrel, Brent North Sea Crude at $81.87 per barrel; Dow down 0.4% at 39,357.01
#AsianStocks #UsInflationData #Tokyo'sNikkei #MarketMoves #FederalReserve #OilPrices #MiddleEast #Russia #London #Paris #Frankfurt #KeyFigures
https://www.macaubusiness.com/asian-stocks-build-on-gains-ahead-of-us-inflation-data/
Macau Business /
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2024-08-13 11:27:47
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wss://relay.damus.ioPublished at
2024-08-13 11:27:47Event JSON
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"content": "Asian stocks build on gains ahead of US inflation data\n==========\n\nAsian stocks rose as worries about a US recession eased; Tokyo's Nikkei led the rally and topped levels before last Monday's rout; Investors remain cautious ahead of US consumer and wholesale price figures; The inflation readings could cause big market moves; The Fed is walking a thin line between nurturing growth and controlling prices; Asian markets rallied, including Tokyo, Hong Kong, Sydney, Shanghai, Bangkok, Seoul, Taipei, Singapore, Wellington, Manila, and Jakarta; Oil prices edged lower due to fears of conflict in the Middle East and tensions in Russia; London, Paris, and Frankfurt also advanced; Key figures: Tokyo's Nikkei up 3.5%, Hang Seng Index up 0.4%, Shanghai Composite up 0.3%, FTSE 100 up 0.2%; Euro/dollar up at $1.0933, Pound/dollar up at $1.2807, Dollar/yen up at 147.84 yen; Oil prices down 0.5%, West Texas Intermediate at $79.66 per barrel, Brent North Sea Crude at $81.87 per barrel; Dow down 0.4% at 39,357.01\n\n#AsianStocks #UsInflationData #Tokyo'sNikkei #MarketMoves #FederalReserve #OilPrices #MiddleEast #Russia #London #Paris #Frankfurt #KeyFigures\n\nhttps://www.macaubusiness.com/asian-stocks-build-on-gains-ahead-of-us-inflation-data/",
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