:::::::::: Global Trans Center Corp ::::::::::

Home > Customer Center > News & Notice
ADMIN 2018. 05. 23.  
   제목: Stocks Jump as Dollar Tumbles on Tame Inflation: Markets Wrap
글쓴이: gbtrans   글쓴이 IP:
Stocks Jump as Dollar Tumbles on Tame Inflation: Markets Wrap

By Sarah Ponczek

May 11, 2018

U.S. stocks rallied to a seven-week high while the dollar sank after a weak inflation reading signaled the Federal Reserve won’t need to step up the pace of interest-rate increases.

Chipmakers paced gains in major American equity benchmarks, while rate-sensitive shares added to the bullish mood as the 10-year Treasury yield slipped to 2.97 percent. A gauge of small-cap stocks set a record and emerging-market shares rallied on the more-favorable outlook for global borrowing costs. The dollar fell the most since March 21, lifting commodities. The pound weakened after the Bank of England held interest rates.

The U.S. inflation data showed costs for big-ticket items such as automobiles and airfares declined last month, reducing chances that consumer-price increases will run significantly above the Fed’s target. The news energized bulls, with the S&P 500 Index crossing above its 100-day moving average and breaking out of the downward-sloping trendline that’s been in place since late January.

“The market is breathing a sigh of relief that there was not an upside surprise to the inflation stats,” Peter Boockvar, the chief investment officer of Bleakley Financial Group, wrote in an email to clients.

Elsewhere, trading in non-deliverable forwards suggested Malaysia’s ringgit will tumble in the wake of the surprise ouster of the country’s ruling party. Developing markets more broadly signaled stability, and the MSCI Emerging Market Index advanced for a fourth day. European shares snapped a four-day winning streak. The New Zealand dollar slid after the central bank left the door open to an interest rate cut as inflation remains contained.

Terminal users can read more in our markets live blog.

These are the main moves in markets:

Selected articles from Bloomberg


전체글 목록 2018. 05. 23.  전체글: 670  방문수: 375673
670   Starbucks: You don뭪 have to buy coffee to sit in our cafes or use our restrooms gbtrans
669   A Battle for Control of CBS, With Far-Reaching Consequences gbtrans
668   This Chinese Pork CEO Was Paid More Than Tim Cook or Elon Musk gbtrans
667   A New Budget Airline Is Coming to Asia gbtrans
666   Stocks Jump as Dollar Tumbles on Tame Inflation: Markets Wrap gbtrans
665   Tesla Urged to ‘Raise Its Game’ gbtrans
664   European Stocks Slip After Asian Gains; Oil Drops: Markets Wrap gbtrans
663   India’s Crude-Oil Crunch gbtrans
662   Trump Hails Two Koreas Deal to End War, Pursue Denuclearization gbtrans
661   How China Is Buying Its Way Into Europe gbtrans
660   Deutsche Bank Flub Said to Briefly Send Away $35 Billion gbtrans
659   Airports are Using 멣mart Glass to Make You Spend More gbtrans
658   U.S. Was Winning War Against China's Intellectual Property Theft gbtrans
657   China’s Vast Intercontinental Building Plan Is Gaining Momentum gbtrans
656   Memory chips power Samsung profit gbtrans
655   Revealed: n.thing gives visitors a taste of high-tech smart farm gbtrans
654   MINI bolsters online marketing gbtrans
653   Trump Wanted a Trade War. Here's What One Looks Like gbtrans
652   A world where AI has an imagination gbtrans
651   Samsung: last puzzle for corporate governance gbtrans
650   Wall Street tech losses spread to Korean shares gbtrans
649   Is India Ready to Take On China? gbtrans
648   Blockchain might beat crooked contractors gbtrans
647   SK introduces 'open work space' gbtrans
646   E.U. proposes tax on tech giants such as Facebook and Google that could raise $6.2 billion gbtrans
645   Apple has tips for parents wrestling with screen time, but still no new tools to help them gbtrans
644   U.S. Plans Heavy China Tariff Hit as Soon as This Week gbtrans
643   Bitcoin's 'Death Cross' Looms as Strategist Eyes $2,800 Level gbtrans
642   Says Emerging-Market Stocks Are the World's Best Bet gbtrans
641   The U.S. Has Bigger Problems in Asia Than North Korea gbtrans
1 [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] [19] [20] 23