Global financial markets are expected to remain influenced by the ongoing conflict in West Asia, with risk aversion likely to persist amid rising uncertainty, according to a report by ICICI Bank. The report said that “markets are expected to continue to get shaped by the ongoing conflict in the Middle East that has so far…
Asian stocks traded in narrow ranges early Wednesday as investors waited for direction after US benchmarks wiped out their 2025 losses on signs trade tensions are easing and after US inflation was softer than forecast. Equities edged lower in Japan — with the Topix halting a 13-day rally — and also edged down in Australia….
Newsquawk Week Ahead: Highlights 9-13th December 2024 Highlights include US and China inflation, rate decisions from ECB, RBA, BoC, SNB MON: Eurogroup Meeting; Chinese CPI & PPI (Nov), EZ Sentix (Dec), US Employment Trends (Nov) TUE: RBA Policy Announcement, EIA STEO; German Final CPI (Nov), Norwegian CPI (Nov), US NFIB (Nov), Chinese Trade Balance(Nov),…
USD inflation interest rates, and economic policy remain a persistent challenge. As 2024 closes, the interplay of these factors is shaping the USD’s trajectory amid a complex macroeconomic environment.This week, the Federal Reserve’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) Index, is in focus, with expectations that core inflation will remain sticky. Core Consumer…