Asia-Pacific Markets Rise as More Data Point to U.S. Inflation Cooling
Asian markets are up after retail sales data from Japan and Australia came out.
Singapore's central bank has maintained its monetary policies as core inflation is at its highest level in 14 years. Hong Kong's economy grew by 0.6%. The stock closed at its highest level since February, up 1.33%. The width of the ring and its centre will not change. The company shares its stock picks, which include a hidden jewel and a unique player.
Bank of America believes that the recent increase in EVs in Europe will spur demand for charging infrastructure, and thus benefit the bottom line of this global stock.
The producer price index (a measure of wholesale inflation) fell by 0.5% in March, another sign that U.S. prices may be slowing down. The Labor Department announced Thursday that initial claims for the week ending 8 April totaled 239,000. The Shanghai upgrade enabled Ethereum stake withdrawals after a 2-year lock-up period around 6:30 pm ET on April 12. What Shanghai means to investors
-- Tanaya Macheel