From Investing.com: 2024-06-20 01:26:07

Asian stocks held steady near two-year highs as investors awaited U.S. policy updates, with tech stocks boosting MSCI’s index by 4% in June. European markets are set to open higher. The pound remained stable before the Bank of England meeting, despite British inflation hitting the target for the first time in three years. Market expectations vary between a rate cut in August or later this year. Tech stocks, led by Nvidia, have seen a surge, lifting U.S. stocks to record highs and driving a global rally. Commodity prices are mixed, with oil prices remaining stable.



Read more at Investing.com: Asian shares steady, sterling treads with caution ahead of BoE meeting By Reuters