ASX Rises Amid Global Changes: Dollar Dips, Inflation Cools, and China’s Exports Drop
ASX rallied 1.6% as cooling US inflation and a weakening dollar fueled markets, while a sharp drop in China’s exports stoked further stimulus calls.
inflation
Easing Inflation Drives Stocks Higher
Equities climbed as slowing inflation data eased pressure on Treasury yields, stirring optimism for a potential final rate hike, fueling a rally in tech and commodities.
Equities Firm Ahead of Inflation Despite Tough Talk from Fed
Equities rebounded Monday, bracing for key inflation data ahead of Federal Reserve’s policy meeting, despite market fluctuations and inflation concerns.
Inflation and Payroll: A Triad of Market Impact
ASX grapples with market turbulence amidst global payroll and inflation shifts, reflecting the broader economic uncertainty worldwide.