The ASX 200 is down today as US markets continue to see selling pressure. S&P 500 marked its second week of declines as lumpy inflation remains in vogue.
World Markets: Global Insights into Financial Trends and Investment Opportunities
When concerned with the global economy, it’s important to look beyond the powerhouses that are often in the spotlight, and to look at the various emerging markets operating just off stage.
Today’s biggest emerging markets (BEMs), include Argentina, Brazil, China, India, Indonesia, Mexico, Poland, South Africa, South Korea and Turkey. Not as big, but still making impact, are Egypt, Iran, Nigeria, Pakistan, Russia, Saudi Arabia, Taiwan, and Thailand.
ASX News LIVE | ASX Falls as US Inflation Proves Sticky; Oil Continues to Rise
Surprise US producer inflation overnight sent stocks down today as rate cut expectations are once again pushed back. Meanwhile, oil prices continue to rise.
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ASX News LIVE | ASX to Edge up After Mixed Session on Wall St; Copper Prices Jump
The ASX is set to edge up today after a muted session on Wall Street as investors await retail data out tonight for the next move. Meanwhile, commodities jump overnight with oil, gold, silver and copper on the move.
ASX News LIVE | ASX to Rise as Wall St Shrugs off Hot US Inflation Data
Slightly hotter than expected CPI data in the US wasn’t enough to dampen the bounce has markets recovered from prior drops. Gold and Bitcoin broke their runs as yields and USD jumped.
ASX News LIVE | ASX Set for Weak Open; Bitcoin Surge Continues as Wall St Awaits CPI Numbers
The ASX 200 is set for a weak start as markets await February CPI data from the US due this evening (AEST). Meanwhile, Bitcoin continues to surge.