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Market optimism rises in Asia ahead of key inflation and bank earnings reports.

1 min read
Source: Reuters.com
Market optimism rises in Asia ahead of key inflation and bank earnings reports.
Photo: Reuters.com
TL;DR Summary

Asian markets are holding firm ahead of the U.S. inflation figures, with India's consumer price inflation for March topping the regional economic calendar on Wednesday. The IMF has trimmed its global growth outlook for this year and next as higher interest rates bite, and warned that the risk of "perilous" financial turmoil could slash output to near recessionary levels. U.S. Treasury Secretary Janet Yellen was more optimistic about global economic growth and warned against overdoing the 'negativism'.

Topics:business#asian-markets#finance#imf#india-cpi#us-cpi#us-inflation
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  1. Morning Bid: Calm before the U.S. inflation storm  Reuters.com
  2. Asian markets mostly higher with focus on inflation data  MarketWatch
  3. Asia markets mostly higher ahead of U.S. inflation report, bank earnings  CNBC
  4. Morning Bid: China focus turns back to the macro  Reuters
  5. Marketmind: Asia stocks bounce as dovish central banks lift the mood  Yahoo Finance

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