Reported about 17 hours ago
Global stock markets, particularly tech stocks in Asia, rose following mild US inflation data that alleviated economic fears. U.S. Treasury yields also increased due to escalating trade tensions, particularly related to tariffs imposed by the U.S. on steel and aluminum imports. Despite climbing prices, inflation figures indicated ongoing uncertainty, especially regarding consumer price outlooks influenced by trade policies. Meanwhile, gold approached record highs and oil prices stabilized after previous gains.
Source: YAHOO