U.S. CPI data boosts market sentiment, Asian stocks expected to rise on Monday
ChainCatcher News, according to Golden Ten Data, institutional analysis indicates that Asian stock markets are expected to rise on Monday, following a recent easing of selling pressure in the US stock market and inflation data supporting expectations for a Federal Reserve rate cut later this year. Stock index futures in both Japan and Australia are pointing to gains, and during early Sydney trading, the US dollar was mostly flat against major currencies. Overall, risk sentiment is supported, and the calm in the market suggests an improvement in investor sentiment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A bitcoin address dormant for 16.2 years has been activated, containing 50 BTC
Yen breaches the 160 level again! Japanese finance minister vows to "join forces" with the US Treasury to address unilateral volatility
After the yen fell below the critical 160 level, the Japanese finance minister stated that Japan would closely cooperate with the US Treasury Department to address unilateral volatility, reigniting speculation of joint intervention.
Crypto prices
More
