- November 19, 2021
- By: Admin2_blog
- Indices
U.S. and European equity futures rose Friday along with most Asian stocks amid optimism that the pandemic recovery can weather elevated inflation and tightening monetary policy.
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U.S. and European equity futures rose Friday along with most Asian stocks amid optimism that the pandemic recovery can weather elevated inflation and tightening monetary policy.
Most Asian stocks fell Wednesday as the dollar held around a one-year high, bolstered by robust U.S. economic data that highlighted the case for tighter monetary policy and pushed up Treasury yields.
U.S. equity futures drifted after a report showed the biggest jump in U.S. retail sales since March. Meanwhile, traders awaited decision from the White House on who the next Federal Reserve head will be.
European stocks are set for a muted open on Tuesday as investors await key economic data and digest a slew of corporate earnings.
U.S. futures rose amid optimism that companies can weather the supply-side crisis and central banks will keep fueling stock rallies. Treasuries were steady.
Stocks were mixed Monday amid data showing steadying economic growth in China as well as ongoing challenges in the nation’s troubled property sector. Treasuries were steady and the dollar slipped.
Stocks rose along with U.S. equity futures Friday, bringing some relief for shares from the inflation fears still roiling Treasuries.
MSCI Inc.’s Asia-Pacific gauge posted its biggest rise this week, helped by Japan’s bourse and China’s technology stocks. The view that the worst of Beijing’s regulatory blitz has passed salved sentiment. U.S. and European contracts climbed after the S&P 500 snapped a two-day fall.
U.S. futures fell Friday along with European stocks as traders weighed bond-market gyrations sparked by concerns over inflation and monetary tightening.