News Highlights: Top Global Markets News of the Day – Monday at 1 AM ET
From Morningstar: 2024-04-01 01:26:17
The stock market’s top seven performers are now down to the “Fab Four”, as Apple and Tesla drop. China’s economy sees growth as stimulus efforts pay off. Japan’s Bank of Japan Tankan survey shows mixed results amidst rate-hike speculation. FX and bond markets await US jobs data and German inflation numbers. Wealth management proves lucrative but risky for banks. Central banks struggle with rising inflation, complicating rate decisions. Venture firms adopt AI for internal use, after helping unleash it to the world. The Fed’s preferred inflation gauge hits 2.5% in February. Gold rallies as a hedge against uncertainty, not just inflation concerns.
Read more at Morningstar: News Highlights: Top Global Markets News of the Day – Monday at 1 AM ET