Asian shares rose on Tuesday following an upbeat session on Wall Street, while investors turned their attention to key U.S. inflation data and the Federal Reserve's interest rate decision this week.
Investors will be closely monitoring U.S. consumer and producer inflation data on Tuesday and Wednesday respectively for a reading of how well the Fed's tightening cycle has managed to curb rising prices.
"Overall equity markets reacted positively to expectations the monetary policy cycle may be nearing its peak," ANZ analysts said in a note. "U.S. markets are now pricing a 72% probability that the Federal Reserve Monetary Policy Committee will hold rates at this week's meeting."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Asia shares track Wall Street rally with inflation data, Fed in focusAsian shares edged up in early trade on Tuesday, following an upbeat session on Wall Street while investors turned their attention to key U.S. inflation data and the Federal Reserve's interest rate decision this week.
Baca lebih lajut »
FACTBOX Wall Street banks expect 'hawkish pause' from Fed in JuneMost big Wall Street banks expect the Federal Reserve to keep interest rates unchanged on Wednesday, while sticking to its hawkish tone due to a strong job market and elevated inflation.
Baca lebih lajut »
Wall St gains as focus turns to inflation data, Fed rate verdictWall Street's main indexes rose on Monday as investors awaited inflation data and the Federal Reserve's interest rate decision this week, while Oracle Corp hit a record high ahead of its quarterly results later in the day.
Baca lebih lajut »
WSJ News Exclusive | Shell CEO Takes U.K. Oil Giant’s Pitch Direct to Wall StreetNew Shell CEO Wael Sawan wants to convince Wall Street that the company deserves more of its respect—and more of its money
Baca lebih lajut »
Billionaire George Soros hands control of empire to son, Wall Street Journal reportsBillionaire financier George Soros told the Wall Street Journal in an interview published on Sunday that he was handing control of his massive empire to his son, Alexander Soros.
Baca lebih lajut »
Wall Street pioneer shares her No. 1 money tip for women: ‘Just do it'Ellevest CEO Sallie Krawcheck wants to close the investing gap between men and women in the U.S. Here's her top strategy you can use to 'get in the game.'
Baca lebih lajut »