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Wednesday Outlook: Stocks Rise, Dollar Droops Ahead of CPI Test
2024-05-15

Wednesday Outlook: Stocks Rise, Dollar Droops Ahead of CPI Test

Stocks rise, dollar drifts ahead of US inflation reportMSCI's broadest index of Asia-Pacific shares outside Japan rose 0.38%

Gold prices edge lower as traders eye US data for Fed clues
Spot gold was down 0.1% at $2,355.24 per ounce

Dollar droops ahead of crucial CPI test; yen under pressure
Cryptocurrency bitcoin was little change at $61,636

Oil prices up on wildfires in Canada, US inventories drawdown expectations
Brent crude futures were up 34 cents, or 0.4% at $82.71 a barrel

US Stocks: Nasdaq hits record close after Powell reassures investors, CPI in focus
Producer prices up more than expected in April

North Korea laundered $147.5mln in stolen crypto in March, say UN experts
North Korea has been under U.N. sanctions since 2006

Gain a deeper understanding of financial markets with Eikon

Source: ZAWYA