Asia to Extend Risk Rally After US CPI Decline: Markets Wrap
Asian shares and currencies rose, following gains on Wall Street as the latest US inflation data reinforced bets on Federal Reserve policy easing.
Asian shares and currencies rose, following gains on Wall Street as the latest US inflation data reinforced bets on Federal Reserve policy easing.
Australia’s regulator raised concerns that Louis Dreyfus Co.’s proposed takeover of Namoi Cotton Ltd. will likely reduce competition for processing services for some of the nation’s growers.
Corporates that loaded up on credit are trying to cut their leverage after interest rates soared
Russia, a top global supplier of diesel, has been slashing its exports of the fuel in recent months, leading to widespread speculation that Ukrainian drone attacks are cutting how much the nation’s refineries can make.
The US Bureau of Labor Statistics inadvertently published Consumer Price Index data 30 minutes early on Wednesday, raising fresh questions about how the agency releases some of the world’s most sensitive economic information.
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