(Bloomberg) -- Asian stocks are poised to edge higher, as traders look to Japan for cues as its markets reopen after a holiday. Risk appetite was curbed in...
-- Asian stocks are poised to edge higher, as traders look to Japan for cues as its markets reopen after a holiday. Risk appetite was curbed in the US session amid concern of geopolitical risks.In DNC, Chicago’s Embattled Transit System Faces a High-Profile Test
After last week’s turmoil, markets will be focused on Wednesday’s consumer price index to see if the Fed will have a freer or more constrained hand in refocusing on the labor market and front-loading rate cuts sufficiently to secure a “soft landing,” according to Krishna Guha at Evercore. “Fed will start cutting, but this might not drive a sustained leg higher, as the cuts might be seen as reactive, and behind the curve,” they wrote.
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Krishna Guha Risk Appetite Solita Marcelli Stock Markets Fitch Ratings Asian Stocks UBS Global Wealth Management
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