Global market update: The US equity market turned sour on Thursday after a rout in the banking sector stocks. Chinese inflation data Providing relief to the global market observers, China reported one per cent YoY growth in Consumer Price Index, which is slowest inflation print since February 2022. Asian markets today In early morning deals on Friday, the Japanese Nikkei …
Global market today: On account of strong retail sales data, Wall Street indices finished higher on Wednesday. On reason for rise in US stock market, Marc Despallieres, Chief Strategy and Trading Officer at Vantage said, “US stocks closed higher and Treasuries slid as investors picked through another batch of solid economic data to find different takeaways, even as worries mounted …