Global Markets Await US Inflation Data Amidst Mixed Performance
TL;DR Summary
World stocks rallied on Tuesday as traders held onto hope that interest rates will soon peak and fall later this year, even if the latest U.S. jobs data supported the case for a May hike by the Federal Reserve. The dollar was broadly softer, giving up some of its post-payrolls gains. Bitcoin touched a fresh 10-month high at $30,438 before pulling back to $30,148, after breaking free of recent ranges on Monday. The International Monetary Fund's latest global economic outlook is out later on Tuesday.
- World stocks cling to upbeat mood, dollar stalls Reuters
- Stock Market Today: Dow, S&P Live Updates for April 11, 2023 Bloomberg
- World shares mostly higher ahead of US inflation data The Associated Press
- Nordic inflation remain hot, focus turn to US CPI reading on Wed FXStreet
- Consumer Cos Up Ahead of Inflation Data -- Consumer Roundup MarketWatch
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