Markets mixed ahead of US inflation data as traders watch Beijing, Seoul politics

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HONG KONG, Dec 11 — Markets diverged today head of US inflation data that could play a key role in the Federal Reserve’s...

The remarks represented a move away from their previous “prudent” approach, sparking hopes for more rate cuts and the freeing up of more cash for lending.

All three main Wall Street indexes ended in the red Tuesday, with analysts pointing to profit-taking from a string of records, with the focus now on the consumer price index release due later in the day.

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Category: EconomyBusiness

Markets: MalaysiaChinaHong KongSouth KoreaMaliSingapore

Topics: South korea Markets china Us inflation

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Article Type: News Report

Published On: 2024-12-11 @ 16:00:18 (3 days ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

Article Length: 531 words

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Copyright Owner: © Malay Mail

News ID: 24407369

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