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In Asia, South Korea’s Kospi index jumped 6.2 per cent
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Summary
In Asia, South Korea’s Kospi index jumped 6.2 per cent. The US producer price index slipped 0.3 per cent month-on-month in June, reflecting lower energy prices amid a hoped-for Middle East conflict settlement, data showed. In foreign exchange markets, the pound rose more than one per cent against the dollar following reports that home secretary Shabana Mahmood is a frontrunner to become the next finance minister, eclipsing some other options seen as less assuring to markets.
Furthermore, The S&P 500 rose 0.4 per cent and was on track for a fourth gain in five days. The strength helped calm some of the worries that have sent AI-related stocks spinning recently.
Cross-referenced from 3 sources.
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In Asia, South Korea’s Kospi index jumped 6.2 per cent.
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The US producer price index slipped 0.3 per cent month-on-month in June, reflecting lower energy prices amid a hoped-for Middle East conflict settlement, data showed.
according to Malay MailIn foreign exchange markets, the pound rose more than one per cent against the dollar following reports that home secretary Shabana Mahmood is a frontrunner to become the next finance minister, eclipsing some other options seen as less assuring to markets. — AFP
according to Malay MailThe S&P 500 rose 0.4 per cent and was on track for a fourth gain in five days.
according to The Sydney Morning Herald - Top Stories +1The strength helped calm some of the worries that have sent AI-related stocks spinning recently.
according to The Sydney Morning Herald - Top Stories +1
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