📉 Wall Street pressure continues Global markets remain under strain after another broad sell-off on U.S. stocks. The S&P 500 and Nasdaq declined notably on Thursday as investors shunned risk, especially in technology and software sectors, ahead of key U.S. inflation data. 🌏 Asia slips, risk se

Inflation drifted slightly further from the Federal Reserve's target in November though in line with expectations, according to the central bank's preferred gauge released Thursday. The personal consumption expenditures price index, a Commerce Department measure the central bank uses as its main for

The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters. The inflation rate had cooled sharply to 3.2% in the twelve months of November, with the data encouraging the Bank of England to cut interest rates at its final meeting of the year last month

📈 Asian stock markets opened the week on a positive note. Hong Kong’s Hang Seng, China’s Shanghai Composite and Australia’s ASX 200 moved higher, supported by improved sentiment after Chinese trade data and the PBOC’s daily fixing. Japanese markets remain closed today due to a bank holiday. 📉 US s