Markets Trade Cautiously Ahead of Nvidia Earnings and U.S. Inflation Data
Global equity markets edged lower as investors awaited crucial U.S. inflation figures and the highly anticipated quarterly results from Nvidia. Meanwhile, the U.S. dollar strengthened slightly following recent economic data releases.
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USD rises after PCE data, recoups half of buyback losses
The dollar rose by the most in nearly four weeks, recovering about half of the losses triggered by Treasury Secretary Scott Bessent’s surprise move last week to prop up the bond market, as inflation data bolstered bets that the Federal Reserve will start raising interest rates by year end.
By Vassilis Karamanis and Anya Andrianova
Read full article →US inflation unchanged as Fed expected to keep interest rates steady - The Times
US inflation unchanged as Fed expected to keep interest rates steady The Times
Read full article →FTSE 100 drifts lower as eyes turn to Nvidia
The chip maker was expected to release earnings after Wall Street closes.
By Jeremy Cutler
Read full article →Stock Market Midday, Aug. 26: Markets Muted as Investors Await Nvidia Earnings
Read full article →Wall Street edges lower after inflation data and ahead of Nvidia earnings
Read full article →Dollar moves in a narrow range ahead of inflation data, Jackson Hole
By Reuters
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