Gold supported by dovish Fed expectations after soft US CPI data November 15th, 2023 08:27 Data showed U.S. consumer prices were unchanged in October as Americans paid less for gasoline, and the annual rise in underlying inflation was the smallest in two years.
Dollar down as markets bet Fed done with hikes November 15th, 2023 08:27 The dollar index, which measures the currency against a basket of peers, last stood at 104.13 in the Asian morning, just off Tuesday's two-month low of 103.98.
Goldilocks hopes return to Wall Street after benign inflation report November 15th, 2023 08:27 At the same time, there have been few indications that tighter monetary policy is severely hurting the economy, backing the idea that prices can cool further without damaging growth.
Some fund managers see merit in China's deeply discounted stocks November 15th, 2023 08:27 U.S. asset manager Fidelity International is highlighting China's looser monetary policy and the government's recent 1 trillion yuan ($137.10 billion) borrowing-and-spending sovereign bond plan as a tailwind for the country's stock markets.
MSCI announces results of quarterly index review November 15th, 2023 08:27 The three largest additions to the MSCI ACWI from developed markets will be Vertiv Holdings and Celsius Holdings from the United States, and Italy's Leonardo.
Investors increase holdings of weight-loss drug makers' shares in Q3 November 15th, 2023 08:27 Shares of both companies have soared this year as Novo Nordisk's Wegovy and Ozempic and Eli Lilly's Mounjaro and Zepbound have been shown to help control blood sugar and dramatically lower weight.
As inflation cools, Fed seen pivoting to rate cuts in May November 15th, 2023 08:27 Goolsbee didn't update his view on the appropriate rate path on Tuesday, though even before Tuesday's data he was not among Fed policymakers advocating for further policy tightening
Asian stocks surge, dollar slumps as traders cheer inflation surprise November 15th, 2023 08:27 MSCI's broadest index of Asia-Pacific shares outside Japan was up 1.9% in early trade. Japan's Nikkei was up 1.8%. Overnight the Nasdaq jumped 2.4%, bonds surged and the dollar slumped more than 1.6% on the euro.