Morning Bid: 'Flash' business funk and AI buzz
Global stocks are set for a third consecutive daily gain as concerns over the euro zone's business contraction and Nvidia's earnings help cool bond markets and lower long-term US bond yields.
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Posted 8/23/2023, 10:06:00 AM
reuters.com
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Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
Global stocks rise as traders anticipate the Federal Reserve's summer conference for indications on inflation control and interest rate hikes.
Global stock markets are expected to undergo a correction in the coming months, although analysts predict marginal gains overall until the end of 2023, with a majority believing that a correction in their local equity market is likely or very likely by year-end.
Global stocks rise as a Chinese rebound, prompted by eased mortgage rules, boosts the country's struggling property sector. Goldman Sachs predicts more stimulus to come.
Global stocks rose on Monday, driven by signs of cooling in the US jobs market and hopes for a reduction in interest rate hikes, as well as fresh stimulus measures in China's property sector.
Global shares stabilize as the dollar continues to strengthen and investors anticipate that central banks will keep interest rates unchanged over the next two weeks.
Global shares rise as risk appetite increases, the yen jumps against the dollar, and signs of stabilization in the Chinese economy push up copper and oil prices.
Global fund managers have increased their allocation to U.S. stocks and reduced exposure to emerging markets, particularly China, due to concerns over the Chinese economy, according to Bank of America's monthly survey.
Global stock markets were mostly steady as traders awaited the Federal Reserve's September meeting, while Asia-Pacific markets saw some declines due to concerns over inflation.
Global stocks eased as a drop in U.S. homebuilding highlighted the challenges the Federal Reserve faces in managing inflation, while oil prices rose and investors await rate decisions from major central banks.
Global fund managers are increasing their exposure to US stocks this month by a record amount, suggesting that investors who missed out on this year's unexpected rally are starting to put their cash back into the market.