Morning Bid: Another round of rate hikes, macro data on tap

Indonesia Berita Berita

Morning Bid: Another round of rate hikes, macro data on tap
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A look at the day ahead in Asian markets from Lewis Krauskopf, U.S. markets correspondent.

advanced after Powell's rate comments, with the greenback rising to its strongest level against the yen in more than seven months.

The mood could shift on Friday, as data will give a glimpse into how much central bank tightening is weighing on global growth. The release of Purchasing Managers' Indexes from around the world will offer a fresh look into demand trends and evidence of the health of the manufacturing sector in the United States, Europe and Japan so far in June.- Global Purchasing Managers' indexes

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