Asian stocks were mixed yesterday following a strong start in some markets, which took the lead from Wall Street where traders were cheered by brisk US retail sales data. The US Federal Reserve’s tightening of monetary policy to contain surging inflation has sent jolts through global markets, deepening the apprehensions of investors already roiled by China’s Covid-19 lockdowns and the Russian invasion of Ukraine. But there was some good news out of the United States, with data showing increased spending by Americans in April. Retail sales rose 0.9% — partly boosted by a rebound in auto purchases. “The economy is slowing but the consumer still looks good and that means the economy is still p
Hence then, the article about asian markets mixed after us retail data boosts wall street was published today ( ) and is available onGulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Asian markets mixed after US retail data boosts Wall Street )