Global markets diverge before US inflation, ECB

From Yahoo Finance: 2024-04-09 06:32:49

Traders are closely watching the yen approaching 152 per dollar, hinting at potential intervention. European stocks dipped despite Asian gains and upcoming US inflation data, eurozone interest rate decision, and corporate results. Oil prices rose amid Middle East tension. Investors analyzed implications for rate cuts amid strong US data and market uncertainty.Asian stocks climbed, anticipating pivotal US inflation data. Wall Street ended flat while Tokyo rose on weaker yen. Markets await US earnings season kickoff. London rose slightly. Paris and Frankfurt declined. ECB rate call and Fed policy are closely monitored. Oil prices increased amid geopolitical tensions.



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