Sukuk Auction is Passive Again, Short Tenors are More Favored
South Korea’s inflation rate climbed in November to 1.5% year on year, higher than October’s inflation reading of 1.3%, and lower than the 1.7% expected by economists polled by Reuters.
South Korea’s inflation rate climbed in November to 1.5% year on year, higher than October’s inflation reading of 1.3%, and lower than the 1.7% expected by economists polled by Reuters.
U.S. stock futures were flat Tuesday night after the S&P 500 posted a new record close. The major averages have had a tepid start to the December trading month compared to the major averages’ strong November advance following Donald Trump’s victory at the polls.
Traders are preparing for a wave of economic reports and comments from Federal Reserve officials that will influence the future direction of interest rates.
US indices followed a mixed session on Wall Street. Both the broad S&P 500 and technology-heavy Nasdaq Composite closed at records on Monday after hitting fresh intraday highs.
Last week’s minutes from the Fed’s latest policy meeting revealed a lack of consensus among officials on the path of future rate cuts. Stocks have also been lifted late this year by expectations that interest rates remain on a downward course, which raises the present value of future earnings and should boost the economy.
Perseroan berdiri pertama kali pada tahun 2001 sebagai Perusahaan yang bergerak dalam bidang agrokimia. Pendirian tersebut ditandai dengan mulai dipasarkannya produk pestisida dengan merk Supremo.
Tokyo’s core consumer price index, which excludes volatile fresh food costs, rose 2.2% year-on-year in November from a year earlier, up from 1.8% last month and beating forecasts for a 2.1% gain.
US Indices rose to new heights on Friday amid a shortened trading day that capped a strong month for equities.
US markets close for the Thanksgiving holiday. Central banks across Asia-Pacific still expect the FOMC to cut interest rates by 25 basis points at its December meeting. The preliminary GERMAN CPI estimate came in 0.1% lower than expected, coming in at 2.2% yoy for Nov, compared to 2.0% in Oct.