🔒Открыть пост
и посмотреть медиа
и посмотреть медиа
SENTIMENT POSITIVE AHEAD OF US INFLATION REPORT
Asian shares rose on Tuesday, tracking the positive overnight cues from Wall Street as investors turned cautiously optimistic over the highly anticipated US inflation report.
In Europe, stock futures point to a mixed open along with US markets, despite the recent positive market sentiment. Easing oil prices have injected financial markets with a sense of optimism that inflation may slow in the United States, resulting in less aggressive rate hikes from the Federal Reserve.
In the currency space, the dollar stumbled into the week despite the recent hawkish comments from Fed officials including Jerome Powell. Oil prices remained gripped by global demand concerns while gold drew inspiration from a weaker dollar but still found upside capped by rate hike bets.