HANG SENG INDEX (^HSI)
- Bloomberg
China Stocks Seen Staging Comeback as Growth Fuels Risk Appetite
(Bloomberg) -- China’s equity markets are likely to receive a renewed boost this quarter thanks to a revival in domestic consumption and a stronger economic growth outlook. Most Read from BloombergTrump Weighs Bid to Shift NY Criminal Case to Staten IslandVeteran Money Managers Bail on Stock Rally With Fed Hawks FlyingParents Are Paying Consultants $750,000 to Get Kids Into Ivy League SchoolsGlobal Food Supply Risks Rise as Key Traders Leave RussiaPutin Signs New Russia Foreign Policy Against ‘H
- Reuters
Stocks climb and U.S. yields fall after inflation data
A gauge of global stocks was on course for its biggest weekly percentage gain in 4-1/2 months on Friday, with the two-year U.S. Treasury yield set for its first quarterly decline in the past nine, as U.S. inflation data fueled hopes the Federal Reserve may be reaching the end of its rate hiking cycle. U.S. consumer spending rose moderately in February, and while inflation cooled, it remained elevated enough to possibly allow the Federal Reserve to raise interest rates one more time this year.
