Bloomberg

Stocks rise ahead of US CPI data, New Zealand dollar plummets: Markets roundup

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Stocks rise ahead of US CPI data, New Zealand dollar plummets: Markets roundup

(Bloomberg) — European stocks look set to follow their Asian peers higher on bets that the next U.S. consumer price report will allow the Federal Reserve to begin easing policy in September. Most read on Bloomberg Euro Stoxx 50 futures rose 0.3%, while U.S. equity contracts traded little changed. MSCI’s benchmark index for Asian shares … Read more

China’s economy is moving slowly despite a lack of consumer stimulus

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China's economy is moving slowly despite a lack of consumer stimulus

(Bloomberg) — China’s economy likely failed to emerge from its worst patch in five quarters, with an uneven recovery in July held back by consumer spending that still lags industrial activity and investment. Most read on Bloomberg Data due Thursday will show retail sales remained weak, according to the median forecast compiled by Bloomberg, despite … Read more