Markets Mixed as Traders Weigh Trade Deal, US Inflation Data

Markets mixed as traders weigh trade deal, US inflation data

Asian markets were mixed Wednesday as they weighed Indonesia's trade deal with Washington and a spike in US inflation that saw investors pare their bets on Federal Reserve interest rate cuts.

Mixed trend in Asia; The Niki traded in stability – The Observatorial

Trade Review: Current reports, trends, metrics, stock gates, bonds, forex and goods and analysts’ recommendations 09:12 This morning in Asia, the main indices are engraved in a mixed trend. Nikai rises by 0.5%, Shanghai’s stock exchange decreases by 0.2%, Hanging Sang increases by 0.1%and the phosphorus index decreases by 0.9%. In the US, the future […]

Assessing Details in President Trump’s Call, Inflation & Market Structure Bill

Key Insights: President Trump calls for an unprecedented 300 basis point Fed interest rate cut. U.S inflation is higher than the previous month. The US House just passed a Bitcoin and crypto market structure bill for floor debate consideration. As the main driver of the global financial economy, the U.S. remains an integral part of the system that determines how everything else plays out. Recently, the nation has been at the forefront of featur…

Asia markets mixed as trade concerns linger, Hong Kong hits 4-month high on Nvidia optimism; U.S. futures dip

Asian stocks trade mixed on Wednesday, followed by a weak lead from Wall Street overnight, as hotter-than-expected June inflation data reignited concerns about prolonged high interest rates and potential import levies Meanwhile, trade concerns lingered after Trump announced a 19% tariff on Indonesia...